Unique Fr.212b 1864 $500 Interest Bearing Note Leads Stacks Bowers November Baltimore Currency Auction

Author: Stack's Bowers Galleries / November 17, 2015
SANTA ANA, CA. — A unique Fr.212b 1864 $500 Interest Bearing Note that had been off of the market for more than 40 years realized $352,500 to lead the Currency Auction of the Whitman Coin and Collectibles Winter Expo. The Stack’s Bowers Galleries Official Whitman Expo Auction, which also included U.S. coins and world coins and currency, realized over $7.9 million, with the currency bringing $1,534,950. All prices include a 17.5% Buyer’s Premium.

The Fr.212b note, lot #30256 and graded Very Fine 25 Net by PMG, is the finer of just two examples known for the design type and unique as a Friedberg number. It was the highest grossing lot of the auction.

In Confederate Currency, a rare Raphael Thian “The Currency of the Confederate States” Master Album containing 287 pieces realized $49,937.50. The album was recently rediscovered in the Carolinas where it had been stored in a basement for decades.

A rare War of 1812 $5 Treasury Note, Fr.TN-15a, graded Extremely Fine 45 Apparent by PCGS realized $28,200. The February 24, 1815 dated note, a Rarity-7 note, bore 7% interest.

In large size currency, a scarce Fr.151 1869 $50 “Rainbow” Legal Tender Note, graded Very Fine 30 “Retouched” by PMG, sold for $41,125. Just around 65 of these notes are known.
A beautiful Fr.372 1890 $20 “Ornate Back” Treasury Note, graded Extremely Fine 40 by PCGS, realized $19,975. The scarce Rosecrans-Huston signed note displayed brilliant color and was extremely well centered.

Stack’s Bowers Galleries is accepting consignments to their 2016 auction season. To include your items, contact a consignment director at 800-458-4646 or visit StacksBowers.com. For currency questions please contact Brad Ciociola at [email protected] or Peter Treglia at [email protected].

About Stack’s 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 John J. Ford, Jr. Collection, The D. Brent Pogue Collection, The Louis E. Eliasberg, Sr. Collection, The Harry W. Bass, Jr. 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 Professional Numismatists Guild New York Invitational, the Whitman Coin & Collectibles Spring, Summer and Winter Expos, and its April, August and December Hong Kong Auctions.

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