19th Century US Rarities, Certified by PMG, Offered in Stack's Bowers Sale
Posted on 7/17/2024
Hundreds of vintage American and Confederate banknotes certified by Paper Money Guaranty® (PMG®), as well as coins certified by Numismatic Guaranty Company® (NGC®), are available to collectors in the Stack’s Bowers Global Showcase Auction on August 16, 2024.
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Among the PMG-certified notes featured in this auction is an 1869 $50 Legal Tender from the Porter Collection graded PMG 35 Choice Very Fine (Session 6, lot 21098), with an estimate of $100,000 to $150,000. Of 604,000 notes printed and just over 70 recorded by Track & Price, this note is significant for its blue-tinted paper and unique design. Discontinued after a few years due to extensive counterfeiting and replaced by the Series of 1874, this Friedberg type is highly coveted by collectors and rarely appears in public sales. It features a vignette titled "The Return of Peace" by Charles Smith and a portrait of statesman Henry Clay, a long-time Kentucky senator and Whig Presidential nominee, alongside an overflowing cornucopia below the Treasury Seal. The back showcases bold geometric patterns and anti-counterfeiting clauses, with imprints of the American Bank Note Company.
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Also featured is a July 15th,1865 $50 Interest Bearing Note from the Porter Collection graded PMG 20 Very Fine (Session 6, lot 21118), with an estimate of $100,000 to $150,000. Only eight examples of this note are recorded today, with two held by the Smithsonian Institution, leaving just six available to collectors. From 2007 to 2018, none crossed the auction block, highlighting its rarity. It features a central vignette of a Bald Eagle with "E PLURIBUS UNUM," large "50" die counters, green border prints, red serial numbers and a red Treasury Seal.
For a look at some of the NGC-certified coins in this auction series, go here.
Other PMG-certified notes in this auction include:
- a Salem, New Jersey $100 graded PMG 35 Choice Very Fine NET (Session 4, lot 20332), with an estimate of $100,000 to $150,000
- an 1869 $20 Legal Tender graded PMG 66 Gem Uncirculated EPQ ★ (Session 6, lot 21090), with an estimate of $80,000 to $120,000
- an 1875 $50 Legal Tender from the Porter Collection graded PMG 20 Very Fine (Session 6, lot 21100), with an estimate of $80,000 to $120,000
- an 1863 $20 Interest Bearing Note from the Porter Collection graded PMG 35 Choice Very Fine (Session 6, lot 21116), with an estimate of $80,000 to $120,000
- an 1863 $50 Interest Bearing Note from the Porter Collection graded PMG 25 Very Fine (Session 6, lot 21117), with an estimate of $80,000 to $120,000
- a 50 Cents Third Issue Fractional Currency Uncut Pair graded PMG 58 Choice About Uncirculated EPQ (Session 4, lot 20103), with an estimate of $50,000 to $75,000
- a 1918 $500 Federal Reserve Note Kansas City graded PMG 58 Choice About Uncirculated (Session 6, lot 21312), with an estimate of $50,000 to $75,000
- an 1891 $100 Silver Certificate graded PMG 35 Choice Very Fine (Session 6, lot 21213), with an estimate of $50,000 to $60,000
Estimates are provided by the auction house.
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