Small Size and Error Notes Dominate Currency Section of Heritage Auctions’ $34 Million Long Beach Event

Heritage Auctions’ Long Beach Signature® Currency Auction, held in Long Beach, CA, September 7-9, realized $5.52 million – including the two non-floor sessions held on Sept. 11-12. All prices include a 15% Buyer’s Premium.

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

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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.