Stack’s Bowers Galleries, USA-Baltimore

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25-03-2015 – 30-03-2015

Baltimore Auction

Stack’s Bowers Baltimore Auction totals nearly $4.7 Million

The Stack’s Bowers Galleries official currency auction of the Whitman Coin & Collectibles Baltimore Expo came to a close on Monday with the conclusion of the live Internet only session. In all the March currency auction realized $4.69 million in sales with the 17.5% buyer’s premium included. Director of Currency Auctions Peter Treglia stated: “We were very happy with the results of the sale. I thought that prices were strong in categories across the board and that bidders were eager for the material that we had to offer.”

Russian-American Company. No Date (1820s-1860s) 10 Kopeck “Note in America”. PCGS Choice New 63 PPQ. Price Realized: $44,062.50.

Market strength was seen in prices realized across all categories, reflecting quality and rarity as well as a number of finely curated collections that were offered. A rare seal skin Russian-American Company 10 Kopeck “Note in America” graded Choice New 63 PPQ by PCGS from the Henry P. Kendall Foundation Collection sold for $44,062. The final offering of magnificent obsolete proof notes from the Peter Mayer Collection saw spirited bidding and strong prices for numerous rarities including $10,575 for a Choice Uncirculated $50 Color Proof from the Marble Head Bank of Marblehead, Massachusetts.

T-27. Confederate Currency. 1861 $10. PCGS Very Fine 25 Apparent. Hole Punch Cancelled, Cancellations Rebuilt, Design Redrawn. Price Realized: $8,812.50.

Among Confederate Currency a rare T-27 1861 $10 graded Very Fine 25 Apparent by PCGS realized $8,812.50. Additionally several price records were set for top population third party graded Confederate type notes, notably $3,055 paid for a T-65 1864 $100 graded Gem Uncirculated 66 EPQ by PMG.
Large size currency saw two fascinating half packs of Fr. 947 1914 $10 Federal Reserve Notes from Dallas sell for $44,062.50 each. Additionally a vibrant Fr. 1197 1882 $50 Gold Certificate graded PMG Choice Uncirculated 64 realized $19,975.

Fr. 2221-H. 1934 $5000 Federal Reserve Note. St. Louis. PMG Choice Uncirculated 64 EPQ. Price Realized: $258,500.00.

While small size currency often takes a back seat to large size in most auctions, it was the small format notes that stole the show in the evening session of Thursday’s three-session day. Led by 200 lots of high denomination and ultra-high denomination notes from the Holecek Family Foundation Collection, small size notes realized the highest prices for the sale. An outstanding original half pack of Fr. 2202-B 1934A $500 FRNs from New York brought $117,500. The top lot of the auction was a stunning Fr. 2221-H 1934 $5000 FRN from St. Louis graded PMG Choice Uncirculated 64 EPQ that realized $258,500.

Fr. 2231-A. 1934 $10,000 Federal Reserve Note. Boston. PMG Choice Uncirculated 64 EPQ. Price Realized: $223,250.00.

The finest graded Fr. 2231-A 1934 $10,000 Federal Reserve Note from Boston graded PMG Choice Uncirculated 64 EPQ sold for $223,250. Perhaps the biggest surprise of the night was the $58,750 realized for the finest known 1929 $100 FRBN Star Note. The Fr. 1890-G* Replacement was graded PMG Gem Uncirculated 65 EPQ and had a pre-auction estimate of $15,000-$20,000. In all, eleven small size currency lots sold for more than $50,000.

The top grossing National Currency lot was an exceptional Fr. 382 Original Series $1 from the First National Bank of Pueblo, Colorado Territory, Charter #1833, and graded PMG About Uncirculated 55 EPQ, which sold for $28,200.

You may find all results online.