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paper money experts auction highlights

Nine Notes Cross the Six-Figure Mark in Stack’s Bowers Galleries’ Las Vegas U.S. Currency Auction

By Brad Ciociola, Currency Specialist

Author: Brad Ciociola / Thursday, April 01, 2021 / Categories: Paper Money of the Week

Stack’s Bowers Galleries’ first live United States currency auction event of 2021 was a tremendous success that saw nine lots cross the six-figure mark on Thursday night, March 25. In all 525 lots of U.S. paper money realized a total of more than $4.06 million during the live session.

The leading lot of the night was the Fr.167a 1863 $100 “Spread Eagle” Legal Tender Note graded Choice Uncirculated 63 by PCGS Banknote. It realized $264,000.

A pair of ultra-high denomination notes each sold for $180,000. They were a Fr.2221-K 1934 $5000 from Dallas graded Choice Uncirculated 64 EPQ by PMG and a Fr.2231-B 1934 $10,000 “Binion” note from New York graded Gem New 65 by PCGS Currency.

Two Treasury Notes rounded out the top five, with a Fr.377 1890 $100 “Baby Watermelon” note graded Choice Extremely Fine 45 by PCGS Banknote realizing $168,000 and a Fr.376 1891 $50 Treasury Note PMG graded Extremely Fine 40 EPQ selling for $156,000. Three of the top five grossing lots were selections from the Karelian Collection.

The firm’s currency auction concluded Tuesday March 30 with 641 Internet only lots that combined to realize $326,493, bringing the total prices realize for the March United States paper money sale to $4,389,147. Stack’s Bowers Galleries is now accepting consignments to their official auction with the ANA World’s Fair of Money in August. To consign to that auction contact Director of Currency Peter Treglia at [email protected] or Currency Specialist Brad Ciociola at [email protected].