SANTA ANA, CA.(July 7, 2016) — The ever-growing Asian Paper Money market has become quite a competitive area in numismatics, as many throw their hats into the ring. For decades, Stack’s Bowers and Ponterio has been the source for collectors and dealers alike whenever they wanted to view and bid on fresh, rare, and unique material. The firm’s Hong Kong Auction on August 15-17, 2016, will be no different.
Among the highlights of the sale is a Pick 4Ap, a South Viet Nam 1000 Dong Proof in Gem Uncirculated condition, the finest ever offered at public auction. Rare in any form and seldom seen outside of private collections, this note is certain to attract serious collectors wishing to acquire a piece of history in a high state of preservation. It features optimum paper quality, large margins, and significant detail. The piece is nicknamed "The Old Man at the Temple," for its striking portrait of an old South Viet Nam native staring at the temple at right.
Large format, Peoples Republic of China notes are consistently found in Stack’s Bowers and Ponterio’s auctions. The People’s Republic of China banknotes are rare in high quality, and have also been severely counterfeited. It is uncommon to find issued PRC notes certified by grading services and even less common to find certified Specimens. However, Stack’s, Bowers and Ponterio has one such note in their August Hong Kong auction — a 1953 10 Yuan Specimen from the People’s Republic of China. This wide format banknote is problem free with just a minor centerfold barely visible through the holder. Punch through embossing can also be seen through the holder.
Another hallmark of the firm’s auctions is a constant supply of fresh and rare Chartered Bank of India, Australia, and China banknotes. The upcoming sale includes a plethora of such notes that include but are not limited to, a very nice Pick 48, a 1924 5 Dollar large format piece in Very Fine condition and the finest example of P-S203a, a 1928 10 Dollar note issued in Tientsin. A few Pick 57c’s will also be available, along with other notable pieces.
With an abundance of rare lots in addition to those mentioned here, the Stack’s Bowers and Ponterio August 2016 auction is sure be one of the finest presented by a major auction house in Hong Kong for quite some time. For more information visit the firm’s website at StacksBowers.com.
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 D. Brent Pogue Collection, The John J. Ford, Jr. 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.