Small Size and Error Notes Dominate Currency Section of Heritage Auctions’ $34 Million Long Beach Event
Posted on 9/27/2011
The auction began with a large selection of World Notes representing 94 countries. The Chinese and Cuban notes, in particular, brought strong prices. The China Commercial Guarantee Bank of Chihli 50 Taels 1912, Pick S2514Ds S/M#P33 Specimen graded PMG About Uncirculated 55 brought $7,475, with several other Chinese notes realizing similar results. The Russia 5 Gold Rubles 1924, Pick 188s Specimen graded PMG Choice About Unc 58 EPQ far surpassed the estimate of $500+ when a number of competing bidders drove it to a closing price of $5,463.
Other Session One highlights included a PMG Superb Gem Unc 67 EPQ BC-31bA $5 1954 Devil's Face Replacement, that fetched $28,750.
Small Size Notes and Errors were offered during Session Three. The Grand Forks, ND - $20 1902 Plain Back, Fr. 658 The Northwestern NB Ch. # 11142 Double Denomination Error note handily surpassed the estimate and sold for $69,000.
Heritage Auctions, headed by Steve Ivy, Jim Halperin and Greg Rohan, is the world’s third largest auction house, with annual sales more than $700 million, and 600,000+ online bidder members. For more information about Heritage Auctions, and to join and gain access to a complete record of prices realized, along with full-color, enlargeable photos of each lot, please visit www.HA.com
Want to get the up-to-the-minute updates and breaking news stories about Heritage Auctions? Get them as they happen at Twitter: www.Twitter.com/HeritageAuction and Facebook: www.HA.com/Facebook. To view a complete archive of Heritage press releases go to: www.HA.com/PR. To link to this press release on your blog or Website: www.HA.com/PR-2085.
This is a guest article. The thoughts and opinions in this piece are those of their author and are not necessarily the thoughts of the Certified Collectibles Group.
Want news like this delivered to your inbox once a month? Subscribe to the free PMG eNewsletter today!