The Stack’s Bowers Galleries Official Paper Money Auction at the New York International Numismatic Convention Successfully Opens the 2020 Auction Season

​The Stack’s Bowers Galleries Official World Paper Money Auction at the N.Y.I.N.C was once again a success!  As one of the more diverse World Paper Auctions in recent memory, collectors and dealers from all over the world bid on these desirable pieces in the auction room as well as by phone, over the Internet, and via the Stack’s Bowers Galleries apps. (All prices include the standard buyer’s premium).

The standout highlight of the sale, which had garnered quite a bit of attention prior to the auction, was the Bahamas 50 Dollar Triple signature note found in lot 30034. This unlisted 1965 note was offered in a PMG About Uncirculated 55 EPQ and brought $32,400. In lot 30035, Pick 25a, a 1965 100 Dollar note in a PMG Gem 65 EPQ brought $14,400. The entire Bahamas section of the catalog performed well.

Notes from Canada continued to bring impressive results especially for the 5 Dollar denomination. Lot 30135, an outstanding Bank of Ottawa 5 Dollar note in a PMG Very Fine 25 EPQ brought $30,000, the high estimate. Lot 30142, a Union Bank of Newfoundland 1889 5 Dollar note realized $19,200. A Bank of British North America 5 Dollar note from 1884 in lot 30117 brought a milestone price of $14,400.

Among Colombian paper money, a very rare 1 Peso, P-s195 graded PMG Very Fine 30, in lot 30174 realized $20,400. A scarce and impressive 10 Pesos from the Banco de Panama in lot 30178 brought  $21,600.

The other realizations for the Stack’s Bowers Galleries NYINC Sale can be viewed here. Currently, Stacks Bowers Galleries is accepting consignments of world banknotes for their Official Auction at the ANA World’s Fair of Money and their Hong Kong Auction, both scheduled for August 2020. To consign, please contact [email protected].

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