Dallas, Texas (May 2, 2018) — Hobby-changing discoveries of world and U.S. coins paced Heritage Auctions’ late April Chicago Coin Expo (CCE) and the Central States Numismatic Society (CSNS) auctions to $38,150,247, registering a 99 percent sell-through rate by value and lot for U.S. Coins.
“It’s no exaggeration this season’s auction offered some of the most important discoveries and once-in-a-lifetime opportunities to own some of the rarest coins known to exist,” said Greg Rohan, president of Heritage Auctions. “As expected, the hobby didn’t ignore the opportunities and we saw spirited bidding across every numismatic collecting category.”
With offerings spanning the United States, world and ancient coins, and world and U.S. currency, the April 26 through May 2 auctions delivered stunning, six-figure sale prices across every category.
In the last article, we covered U.S. coins. Now we will cover U.S. paper money.
Serial Number One Notes Drive U.S. and World Currency to $8,632,488
Currency collectors zeroed in on true “number one notes” (those with the unique and highly collectible Serial No. 1) offered among the more than 5,000 lots of U.S. and world currency auctioned during CSNS.
A Serial Number 1 $20 1891 Treasury Note Very Fine-35 sold for $114,000, and a Serial Number 1 1891 $5 Treasury Note New-62, courtesy autographed by John Burke, the Treasurer of the United States who was appointed in 1913 by President Woodrow Wilson, sold for $102,000.
A 1918 $10 Federal Reserve Bank Note Very Choice New-64PPQ sporting Serial No. 1, sold for $87,600.
A spectacular, fully colored $500 1922 Gold Certificate About New-53 displaying simply delightful eye appeal, sold for $90,000.
Speaking of eye appeal, a stately 1880 $100 Black Back Silver Certificate, Very Fine-30 — one of only 25 known to exist — sold for $87,000. The coveted note is well known among collectors for its overly large portrait of President James Monroe and the bold printing of the words SILVER CERTIFICATE on the reverse.
Additional top U.S. Currency highlights include:
- $78,000 – 1863 $100 Legal Tender, Choice Very Fine-35 Net, in the iconic “Spread Eagle” design.
- $78,000 – 1862 $50 Legal Tender Very Fine-30, with a handsome portrait of Alexander Hamilton.
Heritage Auctions is one of the largest fine art and collectibles auction houses founded in the United States. Heritage maintains offices in New York, Dallas, Beverly Hills, San Francisco, Chicago, Palm Beach, London, Paris, Geneva, Amsterdam, and Hong Kong.
A popular auction-house website, Heritage Auctions has over one million registered bidder-members and searchable free archives of four million past auction records with prices realized, descriptions, and enlargeable photos. Reproduction rights are routinely granted to media for photo credit.
Press release courtesy of Heritage Auctions.