1870 $100 National Gold Note Highlights Currency in Official ANA Auction Rare paper money will be offered in the Official Auction of the 2009 American Numismatic Association World's Fair of Money in Los Angeles conducted by Bowers and Merena Auctions.
News-Antique.com - Jun 29,2009 - (Irvine, California) -- More than 500 U.S. and world bank notes will be offered in the Official Auction of the American Numismatic Association World's Fair of Moneyฎ conducted by Bowers and Merena Auctions at the Los Angeles Convention Center and online, August 2 - 8, 2009. One of the many highlights is an 1870 $100 Gold National Bank Note, San Francisco Charter #1741, The First National Gold Bank (Fr. 1162), graded PMG Fine 12 Net (restorations).
"This classic rarity is one of only eight notes of this type in private hands, and one of three of this Friedberg number. Those others are in strong hands and not likely to become available in the foreseeable future. In fact, only three examples have been offered for public sale in the last decade and the latest example, nearly identical to this one, sold for $258,700 in 2007," said Steve Deeds, President of Bowers and Merena (www.BowersandMerena.com).
"With collectors holding tightly to the others, we're not sure when there will be another opportunity to acquire such a rare and elusive note."
Three other 1870 National Gold Bank Charter #1741 notes are also being offered, $5 (Fr. 1136) PMG VF 30, $10 (Fr. 1142) PCGS Apparent VF 30, and $20 (Fr. 1172) PMG Very Good 10 Net.
Other U.S. currency highlights in the auction include:
Among the many highlights of world currency offered by Ponterio & Associates in the Bowers and Merena Auction are two gem condition $1,000 Canada notes, a 1935 (Pick 56, BC-19) graded PMG Gem Uncirculated-65 EPQ, and a low-numbered, 1937 (Pick 65, BC-28) graded PCGS Gem New-65 PPQ.
"The 1937 $1,000 is a tremendously scarce note with a terrific low serial number of A/K0000100. This example shows nice original paper along with stunning color which illuminates the design. The reverse allegorical scene is breathtaking showing a woman with a sword and sheltering a young child," said Rick Ponterio, Executive Vice President of Bowers and Merena.
Other world currency highlights include:
Angola, January 1, 1921 1 to 100 Angolares (Pick 55s to 61s), Uncirculated;
China, Japanese Imperial Government lot of five notes (Pick M1 - M5), Year 12 (1937) 10 Sen to 10 Yen, PMG Extremely Fine to Uncirculated;
China, Russo-Asiatic Bank 1914 10 Dollars (Pick S487), Fine;
New Zealand, ND (1956-1957) 50 Pounds (Pick 162), Uncirculated;