Skip to main content

Heritage Readies Long Beach Paper Money Auction

By Tracy Schmidt 

There are many spectacular notes in Heritage’s upcoming Long Beach auction. The top five I will be keeping an eye on are notes of exceptional quality. I look forward to sharing the auction results with you next month.

The first note is Lot 20637, a $10,000 1934 Federal Reserve Note PMG-graded Unc. 66 EPQ. According to Heritage, the note is one of just three $10,000s certified by PMG at this level for all series and districts. Having perfect centering, ideal colors, and excellent eye appeal, it should be a great performer. The note is projected to exceed its estimate of $200,000-$300,000. At the time of writing, the note has 13 bids and registered phone bidders; the lot tracking activity stands at 94, and there have been 3,010 page views.

Lot 20637 is this $10,000 1934 Federal Reserve Note with signatures of Julien and Morgenthau. (Image courtesy of Heritage Auctions)

The second note I am tracking is Lot 20635, a $5,000 1934 Federal Reserve Note graded Very Choice New 64 by PCGS. While this note has been listed in census research, this is the first public offering of the note. Estimated at $175,000-$225,000, at the time of writing the note has had 542 page views.

Lot 20635 is this $5,000 1934 Federal Reserve Note with signatures of Julien and Morgenthau. (Image courtesy of Heritage Auctions)

The third note I have my eye on is Lot 20882, a $500 1882 Gold Certificate graded by PMG as Very Fine 30. The note is well centered and the back has a strong orange coloration. Estimated at $30,000 – up, at the time of writing, the lot has a tracking activity of  53 and has had 991 page views.

The fourth note is Lot 20776, a $5 1896 Silver Certificate graded by PMG as Very Fine 30. Estimated at $2,500 – up, the note is positioned on Sept. 14 heading toward the auction with a current bid of $3,000. There are 17 bids and registered phone bidders, the lot tracking activity sits at 81 and there have been 735 page views.

Lot 20776 is a $5 1896 Silver Certificate signed by Tillman and Morgan. (Image courtesy of Heritage Auctions)

Lot 20617 is a $1,000 1934 Mule Federal Reserve Note signed by Julien and Morgenthau. (Image courtesy of Heritage Auctions)

The final note I am observing, Lot 20617 is something a little different, a $1,000 1934 Mule Federal Reserve Note PMG-graded Choice Unc. 63. Estimated at $2,750-$3,250, today, the note is currently at $2,800. There are 10 bids and registered phone bidders, the lot tracking activity is 48, and there have been 215 page views so far.

For more information on this auction please visit HA.com. I am looking forward to seeing where these notes finalize at auction.

The post Heritage Readies Long Beach Paper Money Auction appeared first on Numismatic News.

Comments

Post a Comment

Popular posts from this blog

Stack’s Bowers’ June 2020 Auction Nets Over $5 Million

The Stack’s Bowers Galleries June 2020 Auction continued the trend of high prices realized recently demonstrated in their March Santa Ana and May Hong Kong auctions. Over $5 million was realized in the June sale across United States coins, tokens, and medals, achieving 114 percent of the pre-sale estimate on sold lots. (All prices listed include the buyer’s fee.) Strong demand for high-end gold coinage reflected continued growth in this collecting area, while Numismatic America also saw incredible strength, earning over 50 percent above pre-sale estimates in Internet-Only Session Three. With such strong results in their June sale, Stack’s Bowers Galleries is anticipating considerable interest in their upcoming August 2020 Auction, which will be posted online for viewing and bidding in early July. This Mint State 1824/4 O-110 Capped Bust half dollar featuring Washington and Lafayette countermarks realized $26,400. (All images courtesy Stack’s Bowers) Session One opened with Numism
Post a Comment
Read more

Mythology Featured on Early Indian Banknotes

The origin of the universe can be explained by modern astronomers and astrophysicists, while archaeologists and historians try to clarify the origin of human societies. A mythology is a collection of stories about a specific culture or religion. They often feature supernatural characters. Cultures around the world are filled with such ales about relationships between gods and humans. In the distant past, however, before any sciences existed, the beginnings of the world and of society were explained by MYTHOLOGY. Mythology is a common topic of expression through artwork. Not just dance; painting, sculpting, the mythology is a way of expression during many facets of day to day life. Even on Indian coins, stamps, and banknotes Mythology is featured with distinct concepts. The blog covers the topic: Mythology Featured on Early Indian Banknotes. As the British colonial reign strengthened in India over the years, their paper currency became the new normal. More denominations came in, layou
Post a Comment
Read more

Letters to the Editor (September 18, 2018)

Minting a new 3-cent piece wasteful if not silly Mint a three-cents coin? In the Aug. 28 issue of Numismatic News , a Viewpoint article by Wayne Pearson advocated the issuance of a new three-cent denomination coin to replace the cent. I think this idea is silly since nothing can be bought for three cents. Minting such a denomination would be wasteful. The least expensive item I know of is a paper bag, which one can buy for 10 cents in California when buying groceries. Making any coin of a smaller denomination makes no sense. I advocate a complete reworking of all of our coin denominations as follows: A dime, as the smallest; a quarter; a half dollar; and a dollar and a five dollar, all in ascending order of size. Eliminate the $1 bill and the $5 bill and begin the printing of $500 bills. Thomas Miller Santa Rosa, Calif.   Base metal dollar coin designs that have circulated alongside the paper dollar include Eisenhower (top left), Susan B. Anthony (center right), and Sacagawea
Post a Comment
Read more