January Auction to Feature PMG-Graded Notes From the Eldorado Collection

The Eldorado Collection of Colombian Paper Money to be offered by Stack’s Bowers Galleries at the 46th Annual New York International Numismatic Convention at the Grand Hyatt on January 11, 2018, features countless rarities never before cataloged for public sale or certified.

All of the notes have been certified by Paper Money Guaranty (PMG). Many are the first certified or finest graded by the service. These include many superb Proofs and Specimens originally from the Archives of the American Banknote Company sold in November 1990. The Colombian lots in that sale were of such rarity and importance that nearly all of them were obtained for the Eldorado Collection.

A significant number of those key acquisitions are cataloged individually for the first time in this sale. Many of these have been graded PMG Gem Uncirculated 65 EPQ or finer, with numerous types receiving a PMG Superb Gem New 67 EPQ designation.

Lot 10001 – Colombia, República de Colombia, Pick# 1r, ND (ca. 1819), 6 ¼ Centavos/Medio Real, Remainder, Graded PMG Very Fine 20, front Click image to enlarge.

Lot 10025 – Colombia, Banco Nacional, Pick# 241, 1895, 1000 Pesos, Graded PMG Very Fine 25, front Click image to enlarge.

Lot 10126 – Colombia, Banco Nacional, Pick# S655, 1899, 50 Pesos, Graded PMG Choice Very Fine 35, front Click image to enlarge.

Lot 10126 – Colombia, Banco Nacional, Pick# S655, 1899, 50 Pesos, Graded PMG Choice Very Fine 35, back Click image to enlarge.

The Eldorado Collection is sweeping in scope and includes a wide range of types from the earliest 1819 Peter Maverick, New York printed series, 6-1/4 Centavos Pick 1, to modern era Republic of Colombia Proofs from the 1950s. In between are countless different types and issuers. The selection of different private “bancos” from the late 19th century is the broadest ever cataloged individually in any sale. The majority of these private banco notes were printed by the American Banknote Company and are colorful and exquisitely engraved. Included are note types that were reissued during the 1899-1902 “1000 Days War” period; this was a historic event that shaped Colombian history and its paper money issues. Over 600 PMG-certified examples are featured in this auction sale.

Lot 10429 – Colombia, Banco de Rio Hacha, Pick# S819p, 1883, 5 Pesos, "PROOF", Graded PMG Gem Uncirculated 65 EPQ, front Click image to enlarge.

Lot 10429 – Colombia, Banco de Rio Hacha, Pick# S819p, 1883, 5 Pesos, "PROOF", Graded PMG Gem Uncirculated 65 EPQ, back Click image to enlarge.

Lot 10494 – Colombia, Banco Nacional, Pick# 237s, 1895, 25 Pesos, "SPECIMEN", Graded PMG Gem Uncirculated 66 EPQ, front Click image to enlarge.

Lot 10494 – Colombia, Banco Nacional, Pick# 237s, 1895, 25 Pesos, "SPECIMEN", Graded PMG Gem Uncirculated 66 EPQ, back Click image to enlarge.

The full catalog is posted on StacksBowers.com for viewing of the lots, pre-sale bidding and live participation during the sale. Lot viewing will be available at the Stack's Bowers Galleries Santa Ana office before the sale, in New York City in their offices at 123 West 57th Street and on site at the Grand Hyatt Hotel immediately prior to the sale itself. Check StacksBowers.com for specific dates and times.

This is a guest article. The thoughts and opinions in the piece are those of their author and are not necessarily the thoughts of the Certified Collectibles Group.