2019-01-30 Wed

Part 4 of the sale of Joel R. Anderson Collection of United States Paper Money will be soon organised by Stacks and Bower’s galleries. The first three parts of the sale have been extremely successful as several notes from the collection were sold for record-breaking prices.

Some of the highlights include a Rainbow $1 note issued in 1869 and a $2 note with Presidential courtesy autograph. Higher denomination $50, $50, $100, $500, and $1,000 “Rainbow” Notes are also being offered. The $100 note is the finest of its type. The $500 note is the only one in private hands. Two lower grade notes are showcased in museums. The $1,000 is also the only one in private hands. Another similar note but in a much lower grade is showcased in a federal museum.

A very rare Compound Interest Treasury Note is something to look out for. A Proof on the 1861 Interest-Bearing Note is the only known example of its type. One of the three known examples of an Interest Bearing Note issued in 1863 is another highlight. Some Silver Certificates in high grades are also being offered.

A rare series of Silver Certificate of Deposit Notes has gained a lot of attention. They were issued before the regular Silver Certificate series was introduced. The Cherry on the cake is a $1,000 “Marcy Note”, which is the only example of its type in private hands. It was sold for a record price of $2.6 million in 2013.

Federal Reserve issues, National Bank Notes and Gold Certificates like the finest known 1863 $20 are some other highlights. An extremely rare Rosecrans-Nebeker $1,000 Gold Certificate is also being offered. Only two such notes are in private hands.

Image Courtesy: Stacks and Bowers