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Long Beach Sale Set
By Bank Note Reporter
August 23, 2011

This article was originally printed in Bank Note Reporter.
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More than 5,600 lots of rare and collectible currency, ranging from large-size U.S. type through what is described as the finest collection of Cuban notes to be offered since 2008, will highlight Heritage Auctions’ Signature Currency Auction, Sept. 7-9 and Sept. 11-12 in conjunction with the Long Beach Coin and Currency Exposition. The lots will be offered in four floor sessions at the Long Beach Exposition and two additional sessions presented online.

“A wonderful selection of large-size type from the Mayfair Collection and Ron Webber Collection are just two of the highlighted collections to be offered,” said Allen Mincho, Director of Currency Auctions at Heritage. “The Kings Mountain Collection of currency from the Southern Colonies is one of the most extensive offerings of Colonials since the Midnight Ride Collection was offered in 2009.”

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Session One kicks off on Wednesday, Sept. 7, at 6 p.m. PST with world bank notes, followed by selections of Colonial currency, Canadian currency, Fractional Currency, notes of the Confederacy and obsolete currency.

“The finest offering of Cuban notes since 2008, and a wonderful group of Specimens from Africa, will be just a few of the 400 plus World Notes offered that evening,” said Mincho.

Highlights from those two collections include a Cuba 1868-76 Revolution La Republica de Cuba 1,000 pesos 6.9.1869 Pick 60; a Cuba Republic 10,000 pesos 1950 P-85s Specimen; an Equatorial African States 10,000 francs ND (1968) P-7s Specimen; and, unlisted in Specimen form, a Congo Republic 10,000 francs ND (1971) P-1s Specimen.

Significant highlights from the Kings Mountain Collection include a South Carolina Feb. 8, 1779 $40 PCGS Apparent EF-45 as well as a North Carolina 1780 $50 Independence PCGS Very Fine 30.

A little more than 100 obsolete bank motes will be offered, including the extremely rare Salt Lake City, Utah California & Salt Lake Mail Line $50 1863 along with a major Arkansas rarity, a Little Rock, Ark. State of Arkansas $1 March 13, 1875 Cr. 66.

Session Two picks up on Thursday, Sept. 8 at 6 p.m. PST with U.S. National Bank Notes. According to the auctioneer, many rarities and notes ensconced in private collections for years are making an appearance, including what is “likely the finest graded Alaska National,” a Fairbanks $5 1929 Type 2 First National Bank charter 7718 in PCGS Gem Uncirculated 65 EPQ, and a Tombstone, Ariz. $10 1902 Plain Back, Fr. 628, The First National Bank charter (P)6439.

A serial No. 1 Cawker City, Kan. $5 1882 Brown Back, Fr. 472 ,The Farmers & Merchants National Bank charter 4618, graded PCGS Superb Gem New 67PPQ, is up for bid, while the first ever public offerings of a Lake Worth, Fla. $5 1902 Plain Back, Fr. 607, The First National Bank charter 11716, and a West Palm Beach, Fla. $10 1902 Plain Back, Fr. 634, The American National Bank charter (S)12057 will be of interest to Florida collectors.

United States small-size and error notes will be offered on Friday, Sept. 9 at 12 noon PST, starting with a matching pair of New York District ultra high denominations—a Fr. 2221-B $5,000 1934 Federal Reserve Note in PCGS Very Choice New 64PPQ and a Fr. 2231-B $10,000 1934 Federal Reserve Note graded PCGS Very Choice New 64PP.

A Fr. 2407 $500 1928 Gold Certificate, PCGS Very Fine 25, is included in the session, along with a Fr. 1604* $1 1928D Silver Certificate, PCGS Very Fine 25, and a Fr. 2211-C $1,000 1934 Light Green Seal Federal Reserve Note, PCGS Very Choice New 64. The offering of error notes in the same session includes a high grade and very rare Grand Forks, N.D. $20 1902 Plain Back, Fr. 658, The Northwestern National Bank charter 11142 double denomination.

Friday evening’s session, at 6 p.m. PST, begins with a selection of Hawaii proofs and then moves to a selection of U.S. large-size currency. Highlights include a Fr. 150a $50 1863 Legal Tender PCGS Apparent Fine 15, a “Spread Eagle” Fr. 165a $100 1862 Legal Tender PCGS Apparent Very Fine 30 and a Fr. 344 $100 1891 Silver Certificate PCGS Apparent Very Fine 30.

A serial No. 1 Fr. 897a $10 1914 Red Seal Federal Reserve Note PCGS Extremely Fine 40PPQ recently came out of hiding and is being offered after being stashed away at the time of issue by signer Maximillian B. Wellborn, the Atlanta Federal Reserve Bank governor.

Sessions 5 and 6 are online sessions on Sept. 11 and 12, where the 2,600+ lots will be sold one at a time on Heritage LIVE!™. Session Five includes 300+ world bank notes as well as obsolete currency, Confederate currency, and Colonials. It opens Sunday, Sept. 11 at 5 p.m. CST.

For additional information, contact Heritage Auctions, 3500 Maple Ave., 17th Floor, Dallas, Texas 75219-3941; telephone 800-872-6467; or visit www.Ha.com.



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