U.S. Currency Realizes Over $2.8 Million in Stack’s Bowers Galleries’ U.S. Currency Showcase Auction

Rare Colonial and Continental issues kicked off spirited bidding.

by Stacks Bowers Galleries | Published on December 4, 2023

Costa Mesa, CA – The Stack’s Bowers Galleries November 2023 Official U.S. Currency Auction of the Whitman Coin & Collectibles Expo realized in excess of $2.8 million from an impressive selection of rarities ranging from colonial paper money to small size ultra-high denomination rarities. All prices include the buyer’s fee.

Rare Colonial and Continental issues kicked off spirited bidding, as an extraordinarily rare CC-9 Continental $20 note graded Choice About Uncirculated 58* EPQ by PMG printed on marbled paper furnished by Benjamin Franklin and featuring motifs drawn from his own hand far exceeded its estimate when it realized $156,000.

Other strong prices included a PA-45. Pennsylvania. August 10, 1739 20 Shillings graded VF-35 by PMG that realized $55,200, demonstrating strong demand for rare Colonial/Continental type notes. A Fr. 1132-L. 1918 $500 Federal Reserve Note from San Francisco, graded Choice Uncirculated 64 by PMG and one of just two uncirculated examples of the type, sold for $150,000. An Fr. 1218f. 1882 $1000 Gold Certificate graded Very Fine 25 by PMG, one of ten notes of that Friedberg number currently available to collectors, brought $204,000 after competitive bidding.

A major rarity among National Bank Notes was one that hailed from Alfalfa County Oklahoma. This 1902 $10 Red Seal from the First National Bank of Carmen bearing serial number 1 achieved $57,600 while an exceedingly Fr. 1186. 1906 $20 Gold Certificate graded Gem Uncirculated 66 EPQ by PMG realized $31,200.An iconic 1899 $5 “Chief” Fr. 281m Silver Certificate graded Superb Gem Uncirculated 67 by PMG, the finest seen by that service, brought $36,000, exceeding the presale estimate.

Small size ultra-high denomination rarities rounded out the offerings of the November 2023 Auction. A Fr. 2231-C. 1934 $10,000 Federal Reserve Note graded Choice Extremely Fine 45 and pedigreed to poker legend Johnny Chan realized $180,000, the same result brought by a Fr. 2221-G. 1934 $5000 Federal Reserve Note graded Choice Extremely Fine 45 by PMG.

Complete prices realized from the Stack’s Bowers Galleries November 2023 Official Whitman Expo Auction are available at StacksBowers.com. Stack’s Bowers Galleries is now accepting consignments to the Official Auction of the Whitman Spring 2024 Expo, their summer Global Showcase Auction as an official Auctioneer Partner of the ANA World’s Fair of Money and the firm’s ongoing series of Collectors Choice Online Auctions. For more information or to consign your coins to a future sale, contact Stack’s Bowers Galleries at Consign@StacksBowers.com or call (800) 458-4646.

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Source: Stacks Bowers Galleries

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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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