Finest Fr. 1179 $20 1905 Gold Certificate Could Top $120,000 In Heritage Auctions’ CSNS Currency Event
Posted on 4/17/2012
[DALLAS, TX] – Heritage Auctions, the official auctioneer of the Central States Numismatic Society Show, will offer more than 3,400 lots of rare and collectible currency as part of its Signature® Currency Auction being held April 18-20, in Schaumburg, IL and on April 22.
The lots will be offered in four floor sessions, along with one session presented online only. The Signature portion of the auction contains 1,800+ lots.
A wide variety of material will be offered during Session One of the auction, beginning at 6 p.m. CT on Wednesday, April 18. The session will include World Currency, Canadian Currency, Continental and Colonial Notes, Fractional Currency, Encased Postage, Obsolete Notes, Confederate Notes, Miscellaneous, and Military Payment Certificates.
Heritage will also offer one of each denomination from the first issue of Confederate Stock Certificates (also referred to as Bonds): $50, $100, $500 and $1000. They were part of a Feb. 28, 1861 authorization by the Provisional Confederate Congress to offer $15 million worth of 10 year stock certificates to raise money to fund the newly formed government.
Many collectors are eagerly anticipating the offering of National Bank Notes taking place during Session Two, Thursday, April 19 at 6 p.m. CT.
Session Three, Friday, April 20 at 1 p.m. CT, contains Small-Size and Error notes and includes a number of important auction highlights, among them a Fr. 2231-B $10000 1934 Federal Reserve Note graded PMG Uncirculated 62 (estimate: $90,000+), formerly part of the Binion Hoard, which is being offered as part of the Dwane Johansen Collection. Other exceptional material from that session includes a Fr. 1700 $10 1933 Silver Certificate graded About Uncirculated 53 by PMG with a $15,000 pre-auction estimate.
Large Size Type Notes will be offered on Friday, April 20 at 6 p.m. CT during Session Four. A gorgeous Fr. 1179 $20 1905 Gold Certificate PMG Superb Gem Unc 67 EPQ becomes the finest third party graded Fr. 1179 to ever be auctioned and carries a $120,000+ estimate.
More than 1,600 lots will be offered during the Internet Only portion of the auction, Session Five, which closes online at Heritage Live! on Sunday, April 22, beginning at 10 a.m. CT.
The more than 3,400 total auction lots will be available for viewing at CSNS in Schaumburg.
The thoughts and opinions in this piece are those of their author and are not necessarily the thoughts of the Certified Collectibles Group.