United States Paper Money of the Week: Don’t Let the Ship Sail without You!

By Bruce Roland Hagen, Senior Research Numismatist

The consignment deadline for our November Baltimore Auction is upon us Monday September 24th. There is scant time for your selected paper money rarities to be showcased in our final auction event of the year. Consignors were more than pleased with their superb results in our recently concluded Philadelphia ANA and Hong Kong sales, proving the market is ripe for prime numismatic items of all genres. The paper money session boasted an overall sell through of 92%. This is remarkable and displays the confidence Stack’s Bowers consignors have in us to highlight their treasured collections and single rarities, without reserves, as we offer accurate grading and descriptions, top notch research and cataloging, and transparent bidding procedures making it a fair playing field for buyers and sellers.

The November sale is a first for us at Stack’s Bowers as we have joined forces with C4 (Colonial Coin Collectors Club) to hold a special auction session on Friday November 16, 2012. Colonial Paper Currency will of course be featured in the paper money session including an old time collection formed nearly 100 years ago and being sold at the request of the Connecticut Historical Society Museum. Also several choice Colonial uncut sheets and several Gem Continental Currency notes are featured. A standout War of 1812 Federal Treasury Note collection has been consigned including nine different types (please see our feature on this collection in the upcoming weeks), all with stellar pedigrees such as Ford, Boyd, and John Whitney. Federal Large Size type will once again be in abundance with several old holdings coming to market for the first time. Fractional Currency, as we wrote last week, is also strongly represented in the paper money auction session.

Act Now! Superb items achieve superior results in our auction venues where the most astute collectors and dealers compete through floor bidding, by telephone and on the internet. There is still extremely limited time and space to consign. Please call Bruce R. Hagen in New York at 1-800-566-2580 or Matt Quinn in California at 1-800-458-4646 immediately. The deadline to consign is Monday, September 24, 2012 so call to include your important banknotes in this exceptional event or a future Stack’s Bowers auction.