SANTA ANA, CA. (July 8, 2016)— The Stack’s Bowers Galleries official paper money auction at the American Numismatic Association’s World’s Fair of Money is scheduled for the evening of Wednesday August 10 in Anaheim, California. The sale is chock full of new National Bank Note discoveries, high grade rarities, ultra-high denominations, and the most important Military Payment Certificate collection ever offered.
The Paymaster Collection of MPCs is a groundbreaking find. Most high-end collections are assembled over decades with the contents mostly publicly known. The Paymaster Collection was assembled by a government employee who received the notes directly from the Bureau of Engraving and Printing and from private printers. No one knew it even existed until May when it was consigned to Stack’s Bowers Galleries. It is easily the most valuable MPC collection and it will set auction records and benchmarks for decades to come.
The National Bank Note section of the auction comprises significant highlights throughout the entire category. The highest price will likely be for the $100 Salem, New Jersey Original Series $100. It is estimated at $80,000 to $120,000. This is the only First Charter $100 known to exist on New Jersey. Another great new discovery is a PMG 30 $5 Blue Seal from Fort Lauderdale, Florida, just the third note documented on the town. It is estimated at $20,000 to $30,000.
The Stack’s Bowers August auction adds four great serial number one notes to the New York census. They are a Brown Back from Herkimer, Red Seals from Lake George and Dolgeville, and a Blue Seal from Belfast. The highlight of that group, the Lake George note, is estimated at $40,000 to $80,000.
Other significant National Bank Note discoveries include a Black Charter note from Central City, Colorado Territory and a semi-unique territorial ace from Pueblo, Colorado; each note is estimated at $20,000 to $30,000. Another previously unique charter — Sonoma, California — now has a new documented survivor. Stack’s Bowers Galleries is offering a PMG 25 Blue Seal from The First National Bank of Sonoma that is conservatively estimated at $15,000 to $25,000.
Some classic rarities are also represented, including a 1933 $10 Silver Certificate graded as a PMG 67. That top pop note is estimated at $75,000 to $125,000. Leading the large size type section of the auction is a PCGS XF 45 1890 $100 Watermelon estimated at $200,000 to $300,000. Other six-figure realizations will be possible from ultra-high denomination notes like a PCGS 35 1928 $5,000 and a PCGS 64 Binion’s $10,000.
For more information on participating in this sale or consigning to a future Stack’s Bowers Galleries event, visit the company’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.