Joel R. Anderson Collection of U.S. Paper Money to be Auctioned

19 Dec 2017  Tue

The Joel R. Anderson Collection is the largest, finest, and most complete collection of Large Size US paper money types that exists today. It would be offered by Stack’s Bowers Galleries at March 2018 official auction of the Whitman Coin & Collectibles Expo in Baltimore. Highlights will be displayed at FUN convention in January, the Long Beach Convention in February etc. The splendid collection is put together after a lot of research over several years. It is impossible to duplicate the collection. Some of them are in private hands and some are so unique that no examples are known to exist in government institutions!

Highlights include: The 1869 Legal Tender “Rainbow” series of $5, $10, $20, $50, $100, $500, and $1,000 which is the only existing collection of its kind; a unique $500, graded PCGS About New 55PPQ; the only existing $100 bill graded PCGS Gem New 66PPQ; the finest known $1,000 Fr. 186f, graded PCGS About New 53 is in private hands, another example of the same note is showcased at the Federal Reserve Bank of Chicago, graded Choice Very Fine; a unique 1891 $1,000 Silver Certificate called as “Marcy Note”, graded PCGS Very Fine 25 which is in private hands. Another example is showcased at the National Numismatic Collection at the Smithsonian Institution; Complete Silver Certificate series of 1880 “Black Back” $10, $20, $50, $100, $500, and $1,000. Three $500 examples and two $1,000s are in private hands. Only two complete sets are available for private collectors. A $500, graded PCGS Very Fine 20 and the $1,000, Graded PCGS Very Fine 25 Apparent are other highlights. The “Grand Watermelon” note is one of only two for the type and is graded PCGS About New 50. It was sold for a record-breaking figure in 2005 for just under $1.1 million.

A unique 1879 $10 Interest Bearing note is in private hands is a part of the collection. One other canceled example is kept at the Bureau of Public Debt. Extremely rare and the earliest known Gold Certificate 1863 $20, graded PCGS About New 50 Apparent is another offering. A unique 1882 $500 with the large “peach” seal is in private hands. The very rare 1882 $50 Value Back of the National Bank Note type and a $50 National Gold Bank Note from the First National Gold Bank of San Francisco are other highlights.

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