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By Matt Quinn, Assistant Director of Currency

The monthly iAuctions featuring rare currency have been gaining momentum, and the latest one is now online for your bidding pleasure. Banknotes of the United States along with those from around the world are getting strong results and heavy participation. Our world class imaging department and expert numismatists provide exceptional photographs and references for the currency offered. We invite collectors and dealers alike to bid in this week’s offering, or if you are interested in consigning to a future iAuction please give us a call at 800-458-4646.

By Matt Quinn, Assistant Director of Currency

The United States paper currency department at Stack’s Bowers Galleries is pleased to present an important public auction sale once again at the 2013 Whitman Baltimore Winter Expo on Thursday November 7, 2013. Over 750 showcased lots will be offered to the collecting community, in addition to the 300 Internet only lot session closing on Tuesday, November 12, 2013. Great diversity of genres has always been a trademark for our banknote auctions and this sale continues that trend. The sale contains notes from all facets of American paper money from colonial times to modern day Small Size Currency.

By Bruce Roland Hagen, Senior Research Numismatist and Matt Quinn, Director of Currency

Stack’s Bowers Galleries March auction in Baltimore provided excitement on all fronts and as usual the paper money session held on Friday March 23, 2012 was no exception. Crossing the auction block were 1,025 lots from all American genres from the Colonial era to modern Small Size currency. Total sales of $1,905,589.10 (including the 15% buyer’s charge) were realized from 948 sold lots and boasting a 92.7% sell through. The sale featured many fresh collections offered without reserve, and unprecedented early bidding prior to Friday saw many lots opening at or above estimate already.

By Matt Quinn, Assistant Director of Currency

Small-size Gold Certificates have been quite popular with collectors as of late even though there is virtually a single series date available. These notes, payable in gold coin, are observed with 1928, 1928A and 1934 Series dates although the latter two were not issued. The abrupt halt of the use of gold in any form as money was brought about when Executive Order 6102 was passed on April 5, 1933. This prohibited the holding of gold, gold coins and Gold Certificates, making only small exceptions for collector coins and jewelry. The Gold Reserve Act of January 1934 raised the gold bullion price to $35 from $20.67 and more effectively ended the use of gold as money.