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November 30, 2020

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Stack's Bowers Currency Expert Peter Treglia Offers Exclusive Interview On Rare Notes & The Currency Market Today

Stacks Bowers Galleries · Sep 27, 2018


By Joshua McMorrow-Hernandez, Editor  The ANA World’s Fair of Money in Philadelphia back in August brought together hundreds of the nation’s most prestigiou





By Joshua McMorrow-Hernandez, Editor 

The ANA World’s Fair of Money in Philadelphia back in August brought together hundreds of the nation’s most prestigious and knowledgeable numismatic luminaries, and among them were Stack’s Bowers Director of Currency Peter Treglia. When CDN Editor Patrick Ian Perez and I interviewed him on a Wednesday at the ANA show, Treglia was excited about that night’s upcoming Joel R. Anderson Collection, and he was kind enough to show us and talk about some exceptionally scarce and interesting notes.

Among his favorite pieces were two valuable selections from the 1880 silver certificate series, including the exceedingly rare $500 and $1,000 notes. These went on to bring $750,000 and $1,020,000, respectively, at the auction.

Treglia also shares with us some insights on two more of his favorites — the Series 1878 $100 triple-signature note and the Series 1890 $1,000 Treasury note known as “The Grand Watermelon,” so called due to the shape and color of the zeroes on the reverse of this famous piece.

Additionally, he provides some glimpses of upcoming lots at future Joel R. Anderson sales, talks about what’s happening in the currency market now, offers insight on wholesale activity in the industry, and tells us why he thinks the market may be better situated these days than it was years ago. All this and more in the engaging five-minute conversation with one of the biggest figures in currency sales.

 



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Stacks Bowers Galleries



Stack's Bowers Galleries conducts live, Internet and specialized auctions of rare U.S. and world coins and currency and ancient coins, as well as direct sales through retail and wholesale channels. The company's 80-year legacy includes the cataloging and sale of many of the most valuable United States coin and currency collections to ever cross an auction block — The D. Brent Pogue Collection, The John J. Ford, Jr. Collection, The Louis E. Eliasberg, Sr. Collection, The Harry W. Bass, Jr. Collection, The Joel R. Anderson Collection, The Norweb Collection, The Cardinal Collection and The Battle Born Collection — to name just a few. World coin and currency collections include The Louis E. Eliasberg, Sr. Collection of World Gold Coins, The Kroisos Collection, The Alicia and Sidney Belzberg Collection, The Wa She Wong Collection, The Guia Collection, The Thos. H. Law Collection, and The Robert O. Ebert Collection.

Topping off this amazing numismatic history is the inclusion of the world record for the highest price ever realized at auction for a rare coin, the 1794 Flowing Hair Silver Dollar graded Specimen-66 (PCGS) that realized over $10 million, part of their sale of the famed Cardinal Collection. The company is headquartered in Santa Ana, California, with offices in New York, Wolfeboro, Hong Kong, and Paris. Stack's Bowers Galleries is an Official Auctioneer for several important numismatic conventions, including American Numismatic Association events, the New York International Numismatic Convention, the Whitman Coin & Collectibles Spring, Summer and Winter Expos, and its April and August Hong Kong Auctions.

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