Collectors compete for $75,000 wad of cash in January coins auction



2015-06-26 12:11:29

Collectors compete for $75,000 wad of cash in January coins auction

One-hundred early Federal Reserve banknotes are up for sale - and could bring more than $75,000

We've already reported on the inclusion of the 'first ever' example of a 1882 Gold banknote, estimated at $500,000 in Heritage's upcoming January6-10 Florida coins sale.

But another exciting offering is quite rare and seldom ever seen within the currency collecting community: a pack of 100 low serial numbered Fr. 1922-K $1 1995 Federal Reserve Notes.

The banknotes are serial numbered 1-100 and their quality, says Heritage's experts, is "Superb Gem Crisp Uncirculated".

According to Heritage: "this first replacement pack is wonderfully margined and near perfect, containing the serial number one through one hundred stars for this mid-1990's Dallas issue."

 The pack oflow serialled Federal Reserve Notes

Regular issue serial number 1 packs of $1 Feds routinely fetch in the area of $35,000. This pack is optimistically estimated at $50,000-75,000.

However, "any estimate for this number 1 star pack is simply a guess,"says the lot description. "This afternoon our bidders will decide its ultimate value."

The guesswork will end when the sale takes place in Tampa, next month. Watch this space for more news on Heritage's event.

Recent and related aticles...

The Tsarina returns: A coin collection from Russian royalty comes back to auction|7 December 2010

Bonhams' sale will be led by an Alexander II gold coin which could easily bring $100,000

'World's finest' Morgan dollar sells for $121,643 in Heritage coins auction|6 December 2010

The sale attracted numismatists from around the world with a selection of notable and rare coins

Ancient, English and Foreign coins shatter their pre-sale estimates at Spink|3 December 2010

Collectors and investors gathered in London to see a number of coins exceed all expectations, this week

Multi-coloured Lebanese banknote could float to $93,300 in London|2 December 2010

The auctioneer has announced a second day of selling collectible currency next week

Early coin from China's first-ever modern mint is estimated at $60,000|30 November 2010

An historic piece of Chinese numismatic history is auctioning in Hong Kong

Images: Heritage

Share on social media
Write a response...

The bookmarklet lets you save things you find to your collections.

Note: Make sure your bookmarks are visible.


Click and drag the Collect It button to your browser's Bookmark Bar.

collect it