PMG-certified Notes Excel at FUN Show Sales Presented by Heritage Auctions

Posted on 1/14/2020

A rare note from the Civil War topped the US currency auction, while a walrus-skin note led the way in the world sale.

Notes certified by Paper Money Guaranty® (PMG®) topped both the US currency and world currency sales presented by Heritage Auctions at the January 2020 FUN Show. In the US currency auction, three PMG-certified notes realized six figures.

An 1863 $100 Compound Interest Treasury Note graded PMG Very Fine 30 EPQ realized an impressive $228,000. Issued during the Civil War, this note represents a tumultuous time in US history that included a rapid escalation of the national debt. Nearly all other $100 notes like this one were quickly redeemed, which means they are incredibly rare today.

1863 $100 Compound Interest Treasury Note graded PMG Very Fine 30 EPQ that realized $228,000
Click images to enlarge.

In the world currency sale, a Russian-American Company 50 Kopeks printed on walrus-skin parchment realized $66,000. Graded PMG 64 Choice Uncirculated EPQ, this note is a relic of resourcefulness by which the Russian-American Company, operating primarily in 19th century Alaska, paid hunters and its employees. The walrus-skin money was made from recycled transport bags and could be exchanged for goods at the company store.  

Russian-American Company 50 Kopeks graded PMG 64 Choice Uncirculated EPQ that realized $66,000
Click images to enlarge.

Other highlights in the FUN US Currency Signature Auction included:

Other significant results in the FUN World Currency Signature Auction included:

All prices realized include buyer’s premium.

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