U. S. National Bank Note dated March 1, 1864, for $1,000, one of two known, will be sold May 29th An exceedingly rare proof of an original series $1,000 face proof charter #290 U.S. National Bank Note will come up for bid in an auction planned for Thursday, May 29th, at Philip Weiss Auctions.
Even they don’t own an example. That leaves the note in the Weiss sale all alone, which could spark a fierce bidding war.
It’s worth pointing out that there is another piece of fractional currency in the upcoming auction (albeit not as rare). It’s a fourth issue 25-cent U.S. face proof fractional, showing a portrait bust of George Washington. It is estimated to sell for $8,000-$12,000. Between the two proofs and the complete set of Morgan dollars, collectors of coins and currency will have much to bid on.
“I don’t like to gloat, but once again we – not a traditional stamp and coin auction house – scooped the big boys who I know would have loved to secure these items,” Mr. Weiss said. “We’ve set multiple records in these categories in the past, with inverts for example, but now, with the $1,000 note, we have what could be the highlight finds of paper currency in decades.”
The single-owner postcard collection (to be offered “en bloc” as one unit), contains thousands of cards. It is especially strong with complete sets from renowned British publisher Raphael Tuck. Also in the vast collection are artist-signed cards, expositions and fairs cards, Halloween cards and more. “This is absolutely the finest postcard collection we’ve ever offered,” Mr. Weiss said.
Stamps in the auction will pique the interest of philatelists, both seasoned and novice. The many estate collections and better country collections will feature Canadian high-value Jubilee, RW#4, RW#10, RW#11, plate blocks of six, early covers, U.S.#6 on cover with certificate, Zeppelin covers and more. Coins will include antique coins, gold and silver coins, proof sets and more.
For those buyers unable to attend the auction in person, internet bidding will be facilitated by Proxibid.com. Phone and absentee bids will also be accepted. Previews will be held on Monday, May 26, from noon to 5 p.m.; Tuesday and Wednesday, May 27-28, from noon to 8 p.m.; and Thursday, May 29, the date of sale, from 10:30 a.m. until the first gavel falls at 1:30 p.m. (EDT).
Philip Weiss Auctions is always accepting quality consignments for future auctions. To consign a single item, an estate or a collection, you may call them at (516) 594-0731; or, you can send an e-mail to Philip Weiss at Phil@WeissAuctions.com. For more information about Philip Weiss Auctions and the upcoming Thursday, May 29th auction, log on to www.WeissAuctions.com.