Category Archives: Home Page Paper Money

Archives International Auction 84B of Stocks, Bonds, and World Banknotes

By Archives International Auctions (AIA) …… Auction 84B: Tuesday and Wednesday, May 2-3, 2023 To be sold in a timed internet public auction beginning at 11:00 am ET   ONLINE CATALOGUE HERE * * * The auction offers low opening prices with no reserves. This is an automatic timed sale with lots closing every 60 […]

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Salem Collection Serial 1 Bermuda Banknote in Heritage Auction

An extremely rare banknote from Bermuda bearing the coveted serial number 1 is among the extraordinary highlights from one of the world’s premier collections in The Ibrahim Salem Banknote Collection of World Peninsulas and Islands, which will be up for grabs May 9 at Heritage Auctions. The magnificent Serial Number 1 Bermuda Bermuda Government 5 […]

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PCGS Banknote Grades Notes From John J. Ford Colonial Currency Collection

The Significant Notes from the John J. Ford Colonial Currency Collection, Part 1 will be offered live online by Kagin’s Auctions on Saturday, May 20, 2023, at 4 p.m. PDT (7 p.m. EDT). The 145 lots constitute almost 40% of the entire 375 notes of the whole sale. The balance of the lots will be […]

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Rare ‘Watermelon’ $100 Note in Heritage CSNS Currency Sale

One of the banknotes that are among the most popular with collectors will offer a savory treat to its next owner, after it is sold in Heritage Auctions’ CSNS Currency Signature Auction May 3-5. The Fr. 377 $100 1890 Treasury Note PCGS Banknote About Unc 50 Details is known as the “Watermelon $100” because of […]

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Record Prices in Stack’s Bowers 2023 Spring Expo Auction

 Spirited bidding in the Stack’s Bowers Galleries Official Auction of the Whitman Coin & Collectibles 2023 Spring Expo resulted in dozens of new price records and a total realization of over $28.5 million USD. The top performer in the sale was a 1792 cent in copper with a silver plug pedigreed to the Cardinal […]

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Rare Hupeh 7 Mace 2 Candareens Note in Stack’s Bowers Hong Kong Auction

By Christopher Dahncke – Currency Auction Associate, Stack’s Bowers Galleries …… The spring Hong Kong sale from Stack’s Bowers Galleries is now available for viewing and bidding, and we are excited to be offering many rarities in this sale. Of note is the Chinese Private Issue section, where an impressive number of these notes can […]

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James Smillie’s $2 Bill Design is a Masterpiece

By CoinWeek …..   United States paper money has been blandly consistent for much of the past century – but this wasn’t always the case. In the 19th century, the Bureau of Engraving and Printing employed some of the best engravers in the country, and as a result, the United States issued notes that were […]

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First Canadian Note to Feature Elizabeth II Boosts Heritage World Paper Money Sale Over $2.1 Million

French version of note from Harry M. Eisenhauer Collection leads auction at $132,000   An original and Uncirculated example of the first Canadian banknote to feature a portrait of the eventual Queen, Elizabeth II, sold for $132,000 USD to lead Heritage Auctions’ March 23 World Paper Money Signature Auction to $2,140,937. A Serial Number 7 […]

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Yuan Dynasty 2 Kuan in Stack’s Bowers Spring Hong Kong Auction

    By Christopher Dahncke – Currency Auction Associate, Stack’s Bowers Galleries …… Stack’s Bowers Galleries is offering many rarities in the Spring 2023 Hong Kong Sale. Be sure to carefully browse the Chinese Private Issue section, as it includes an impressive number of these notes. One highlight from the Chinese Empire section is the […]

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Euro Banknote Counterfeiting Remained Low in 2022

By the European Central Bank (ECB) …… 376,000 counterfeit euro banknotes withdrawn from circulation in 2022, second-lowest level ever in proportion to total banknotes in circulation Around two-thirds of withdrawn counterfeits were €20 and €50 banknotes Authenticity of euro banknotes verified using “feel, look, and tilt” method * * * Some 376,000 counterfeit euro banknotes […]

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Archives International Auction 84 of Stocks, Bonds, and World Banknotes

By Archives International Auctions (AIA) …… Auction 84: Tuesday, April 4, 2023 To be sold at public auction beginning at 11:00 am ET   Auction 84 Features 783 Lots of U.S., Chinese, and World Banknotes, Scripophily, Historic Ephemera and Security Printing Ephemera ONLINE CATALOGUE HERE Please register as early as possible in case you need […]

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Ultra-Rare 1882 $1,000 Gold Certificate in Stack’s Bowers Expo Auction

By Christopher Dahncke – Currency Auction Associate, Stack’s Bowers Galleries ……   Stack’s Bowers Galleries is pleased to present lot 20355, an ultra-rare 1882 $1,000 Gold Certificate Fr. 1218e graded Very Fine 30 by PMG, in our Official Currency Auction of the Whitman Coin & Collectibles Spring Expo. Just five Rosecrans-Nebeker signed 1882 $1,000 Gold […]

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Highest-Graded Zanzibar Note at Heritage World Paper Money Auction

A rare banknote from an African nation that produced some of the most famous and desirable in the world will be the highest-graded note from the country ever offered at auction when it crosses the block in the March 23 World Paper Money Signature Auction from Heritage Auctions. The Zanzibar Government 1 Rupee 1.9.1920 Pick […]

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Important Belgian Congo Kinshasa 1000 Francs Note in Spring Masstricht Auction

By Christopher Dahncke – Currency Auction Associate, Stack’s Bowers Galleries …… In the Stack’s Bowers Galleries Spring Auction at the Maastricht Paper Money Show, we will feature an impressive collection of 50 Belgian Congo notes, with the star of the section being a P-12b 1920 1000 Francs graded Choice About Uncirculated 58 by PMG. The […]

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Numismatic Crime – Counterfeit Confederate Notes Sold Over Facebook

By Doug Davis – President, Numismatic Crime Information Center (NCIC) …… Coin Shop Burglary – Florida The Bay County Sheriff’s Deptartment is investigating the early morning burglary of PCB Coins and Cards in Panama City, Florida on February 16. The suspects gained entry by using a sledgehammer to breach the front glass door. Once inside, […]

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Dakota 1875 $5 Bank Note in Stack’s Bowers Spring Auction

By Christopher Dahncke – Currency Auction Associate, Stack’s Bowers Galleries …… Stack’s Bowers Galleries is pleased to offer our bidders lot 20699, an 1875 $5 issued by the First National Bank of Yankton, Dakota Territory CH#2068. This territorial is offered in a Very Fine 25 Details holder from PCGS Banknote. This note will be one […]

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Ottoman Coins and Currency at the End of Empire

By Tyler Rossi for CoinWeek ….. The Ottoman Empire was described as the “Sick Man of Europe” by the Russian tsar Nicholas I during a meeting with Austrian Prince Klemens von Metternich shortly after the Treaty of Hünkâr İskelesi[1] in September 1833. It was this defensive alliance that not only provoked the ire of Western […]

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Ottoman Coins and Currency at the End of Empire

By Tyler Rossi for CoinWeek ….. The Ottoman Empire was described as the “Sick Man of Europe” by the Russian tsar Nicholas I during a meeting with Austrian Prince Klemens von Metternich shortly after the Treaty of Hünkâr İskelesi[1] in September 1833. It was this defensive alliance that not only provoked the ire of Western […]

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Ottoman Coins and Currency at the End of Empire

By Tyler Rossi for CoinWeek …..   The Ottoman Empire was described as the “Sick Man of Europe” by the Russian tsar Nicholas I during a meeting with Austrian Prince Klemens von Metternich shortly after the Treaty of Hünkâr İskelesi[1] in September 1833. It was this defensive alliance that not only provoked the ire of […]

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Australia to Honor Aboriginal Culture, Replace Elizabeth II on $5 Banknote

By Reserve Bank of Australia (RBA) ……   The Reserve Bank of Australia (RBA) has decided to update the $5 AUD banknote to feature a new design that honors the culture and history of the First Australians. This new design will replace the portrait of Her Late Majesty Queen Elizabeth II. The other side of […]

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Australia to Honor Aboriginal Culture, Replace Elizabeth II on $5 Banknote

By Reserve Bank of Australia (RBA) ……   The Reserve Bank of Australia (RBA) has decided to update the $5 AUD banknote to feature a new design that honors the culture and history of the First Australians. This new design will replace the portrait of Her Late Majesty Queen Elizabeth II. The other side of […]

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Australia to Honor Aboriginal Culture, Replace Elizabeth II on $5 Banknote

By Reserve Bank of Australia (RBA) ……   The Reserve Bank of Australia (RBA) has decided to update the $5 AUD banknote to feature a new design that honors the culture and history of the First Australians. This new design will replace the portrait of Her Late Majesty Queen Elizabeth II. The other side of […]

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Ka-Ching! A Brief History of the American Cash Register

By Tyler Rossi for CoinWeek ….. For thousands of years, merchants conducted business without the aid of the once-ubiquitous, and now increasingly defunct, cash register. Over the many years, store owners have used a series of lock boxes, safes, and cash drawers to keep their money organized and secure. There was always the danger of […]

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PCGS Grades Ultra-Rare 1863 $20 Gold Certificate

Professional Coin Grading Service (PCGS) recently graded one of the rarest and most important banknotes in United States history. The note, a Civil War-era 1863 $20 Gold Certificate, was submitted by Stack’s Bowers Galleries for grading through PCGS Banknote. “We are always excited to see notes of this caliber be submitted for grading,” said PCGS […]

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German Occupation of Ukraine 5 Chervonets in January Auction

By Christopher Dahncke – Currency Auction Associate, Stack’s Bowers Galleries …… The 2023 January New York International Numismatic Convention (NYINC) auction from Stack’s Bowers Galleries is shaping up to be an exciting sale. We will be featuring the Richard Rosenman Collection of Venezuelan Banknotes; stay tuned for a future blog on that exciting offering. Among […]

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German Occupation of Ukraine 5 Chervonets in January Auction

By Christopher Dahncke – Currency Auction Associate, Stack’s Bowers Galleries ……   The 2023 January New York International Numismatic Convention (NYINC) auction from Stack’s Bowers Galleries is shaping up to be an exciting sale. We will be featuring the Richard Rosenman Collection of Venezuelan Banknotes; stay tuned for a future blog on that exciting offering. […]

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Over $23 Million Sold in Stack’s Bowers Winter 2022 Auction

Over $23 million in United States coins and currency was sold in the Stack’s Bowers Galleries Winter 2022 Showcase Auction, marking an incredibly successful close to the firm’s 2022 U.S. Showcase Auction season. Presented was an exciting array of Numismatic Americana, U.S. colonial and federal coinage, and physical bitcoins and cryptocurrency, including several significant collections […]

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CoinWeek Podcast #171: The Spiritual Bank of Seth Paine

  The CoinWeek Podcast is brought to you by PCGS. Check out PCGS’ new grading specials and take advantage of an exclusive offer to get your modern coins grading at significant savings over normal modern submission rates. Visit pcgs.com/ccspecial to learn more. CoinWeek Podcast #171: The Spiritual Bank of Seth Paine This week on the CoinWeek […]

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From Valuable to Worthless and Back Again: Pre-1950 Chinese Currency, Part VI

Collecting Rare Pre-1950 Chinese Currency by Dr. Richard S. Appel – UniqueRareCoins.com …… Part I | Part II | Part III | Part IV | Part V | Part VI * * * For decades, some Republic of China (1912-49) banknotes displaying unusual inscriptions were seldom seen or reported. From experience, only a few dedicated, […]

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Vietnam-Era 1969 Military Payment Certificate Series 681

By Philip Thomas for PCGS ……   One way to honor military veterans of the United States Armed Forces is to examine and admire a particular series of Military Payment Certificates (MPCs), that primarily features military-themed vignettes: the illustrious and illustrative Series 681. Out of the nation’s current count of 16.5 million veterans from all […]

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Laos Introduces New Banknotes Into Circulation

By the Bank of the Lao PDR …… The Bank of the Lao PDR (BOL), the central bank announced that it has printed new editions of the 10,000 and 20,000 kip banknotes, which will be put into circulation this month. With the presence of the Deputy Governor Madame Vathana Dalaloy, the Bank’s Head of Office, […]

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Choice Uncirculated Proof 1861 $5,000 Interest Bearing Note Sells at GreatCollections

On Sunday, October 30, bidding ended at GreatCollections.com on an exceptional and rare piece of classic Civil War monetary history. This Proof Aug. 19, 1861 $5,000 Interest Bearing Note, graded as 63 – Choice Uncirculated by PMG, is one of only three known extant examples. After 107 bids, the winner of the lot paid $63,250 […]

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Kazakhstan Issues New 20,000 Tenge Banknote

  On October 1, 2022, the National Bank of Kazakhstan issued into circulation a banknote of 20,000 KZT nominal value. The banknote is designed in the same style as the banknotes already in circulation. Thus, its obverse side contains mostly vertical images, while horizontal ones are represented on its reverse side. A design is made […]

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English Banknotes Featuring King Charles III to Enter Circulation in 2024

The Bank of England will reveal images of updated banknotes featuring a portrait of HM King Charles III by the end of 2022   By Bank of England …… The Bank of England will reveal images of updated banknotes featuring a portrait of HM King Charles III by the end of this year. The notes […]

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Noteworthy Notes: 1869 $1 Legal Tender Rainbow Note Error

By Philip Thomas for PCGS …… Unlike coins, the large majority of banknotes do not enjoy the anonymity that comes with not having a distinctive number indelibly marked on its surface – in most cases twice or more. These identity-defining serial numbers leave little room for confusion or misunderstanding. The hard-and-fast rule is one number […]

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Archives International Auction 80 of Stocks, Bonds, and World Banknotes

Auction 80: Tuesday, October 25, 2022 To be sold at public auction beginning at 11:00 am ET   Your participation in the auction is appreciated and can be conducted safely in the comfort of your own home. We hope you enjoy our current offering from our 80th auction. Stay safe, stay well, and Good Luck […]

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More Than €4 Million in Fake 500 Euro Bills Seized in Spain

One of the most sophisticated euro counterfeits ever detected in the EU   By Europol …… On September 21, 2022, Europol supported the Spanish National Police (Policía Nacional) and the Spanish Regional Catalan Police (Mossos d’Esquadra) to dismantle an organized crime group involved in the production and distribution of counterfeit euro banknotes. The police intervention […]

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More Than €4 Million in Fake 500 Euro Bills Seized in Spain

One of the most sophisticated euro counterfeits ever detected in the EU   By Europol ……   On September 21, 2022, Europol supported the Spanish National Police (Policía Nacional) and the Spanish Regional Catalan Police (Mossos d’Esquadra) to dismantle an organized crime group involved in the production and distribution of counterfeit euro banknotes. The police […]

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1882 $100 Gold Certificate Brings $750,000 at Heritage Long Beach Currency Auction

One of just two known examples of an extraordinary hand-signed, triple signature 1882 $100 gold certificate lived up to its billing – and then some – when it sold for $750,000 USD to lead Heritage Auctions’ October 5-7 Long Beach Expo US Currency Signature Auction to $10,682,198. The only privately-owned example of this exceptional banknote […]

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Money of Necessity: U.S. Military Payment Certificates

By Tyler Rossi for CoinWeek ….. During World War 2, the United States Military marched straight into a monetary exchange issue: What do you use to pay your soldiers and still maintain limited control over the local economy? A large influx of a high-performing hard currency (like the U.S. Dollar) into a recently liberated yet […]

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1882 $100 Gold Certificate Worth $700,000+ in Heritage Auction

Triple-signed note, leading Oct. 5-7 event, is one of just two known examples   A magnificent hand-signed, triple signature 1882 $100 gold certificate, one of just two known examples, will become a centerpiece of a new collection when it is sold in Heritage Auctions’ Long Beach Expo US Currency Signature Auction – Long Beach, California […]

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Suriname, Netherlands New Guinea & Curaçao Banknotes at Stack’s Bowers Maastricht Auction

By Christopher Dahncke – Currency Auction Associate, Stack’s Bowers Galleries …… The Fall 2022 Maastricht Auction from Stack’s Bowers Galleries is now available for viewing and bidding. Catalogs are shipping, so be sure to peruse the lots carefully as we are offering banknotes from a multitude of countries in this auction – including Suriname, Netherlands […]

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Rare Unusual Chinese Banknotes Offered in Stack’s Bowers Hong Kong Auction

By Christopher Dahncke – Currency Auction Associate, Stack’s Bowers Galleries …… Cloth 1933 1 Yuan – Szechuan-Shensi Provincial Soviet Workers and Farmers Bank The Stack’s Bowers Galleries Fall Hong Kong Auction should be an impressive sale. One standout note is lot 40579, a P-S3243b 1933 1 Yuan from the Szechuan-Shensi Provincial Workers & Farmers Bank […]

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Commonwealth Banks Begin to Address Currency Change in Wake of Queen’s Death

HM Queen Elizabeth II By Bank of England ….. The Bank of England’s staff wish to express their heartfelt condolences to the Royal Family, following news of the death of Her Majesty Queen Elizabeth II. Governor Andrew Bailey said: “It was with profound sadness that I learned of the death of Her Majesty The Queen. […]

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Numismatic Crime – Coin and Paper Money Thefts

By Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) …… Coin Burglary – Phoneix, Arizona The Phoenix Police Department is investigating a commercial burglary where the suspects pried open an inside office door and stole coins packaged for shipping the next day. No additional information is available at this time. Stolen Coins: […]

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Pakistan Issues New Rs. 75 Commemorative Banknote

  Dr. Murtaza Syed, Acting Governor of the State Bank of Pakistan (SBP), unveiled a new Rs. 75 commemorative banknote to mark the 75th Anniversary of Pakistan’s independence in a ceremony held at the SBP Museum, Karachi on August 14, 2022. He also inaugurated the Roshan Pension Plan to augment the lifestyle banking services available […]

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Only One Month Left to Redeem Paper £20 and £50 UK Banknotes

Paper £20 and £50 notes being replaced by new polymer notes   By Bank of England ….. If you have any paper £20 or £50 notes, we encourage you to use them or deposit them with your bank or Post Office before 30 September 2022. As paper notes are returned to the Bank of England, […]

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Archives International Auction 79 of Stocks, Bonds, and World Banknotes

Auction 79: Tuesday, September 6, 2022 To be sold at public auction beginning at 11:00 am ET   Your participation in the auction is appreciated and can be conducted safely in the comfort of your own home. We hope you enjoy our current offering from our 79th auction. Stay safe, stay well, and Good Luck […]

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2023 Edition of Early Paper Money of America Now Available From Publishers of Greysheet

CDN Publishing is announcing the publication of the 2023 Edition of Early Paper Money of America, the seminal reference book on the first circulating currencies of North America. Authored by the renowned scholar, numismatist, and collector Eric P. Newman, this is the first new edition since 2008. At 472 pages, this edition features hundreds of […]

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Noteworthy Notes: A New Discovery Receives a Freidberg Number

By Philip Thomas for PCGS …… “Friedberg” is one of the most preeminent names in all of American numismatics — one that is practically synonymous with United States banknotes. It’s what the “Red Book” is to coins, what “Scott” is to stamps, and what “Pick” is to world banknotes. Reliably referenced and undeniably universal in […]

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Rare Cuban Currency in Stack’s Bowers Fall Maastricht Auction

By Christopher Dahncke – Currency Auction Associate, Stack’s Bowers Galleries …… The upcoming Fall Maastricht auction from Stack’s Bowers Galleries promises to be an impressive sale. You can preview highlights from the sale at StacksBowers.com. The Cuban section contains three important notes: P-10 1000 Pesos, P-15 100 Pesos, and P-60 1000 Pesos. CUBA. El Banco […]

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Iran Unveils New Generation of Banknotes

The Central Bank of Iran has unveiled the new generation of 1,000 Toman, 2,000 Toman, and 5,000 Toman banknotes, and the process of issuing and supplying these banknotes will take place over the coming months. According to Amir Shokri, Head of the Banknote and Coin Production Organization, all banknotes will be distributed in a single […]

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‘God of Wealth’ Banknote Issued by Reserve Bank of Fiji

By De La Rue, plc …..   On Monday, August 8, the Reserve Bank of Fiji released a special numismatic banknote with a face value of 88 cents.   The new note is the result of a collaboration between the Reserve Bank of Fiji, De La Rue, Banknote World Limited, and China Coin Industrial Co. […]

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Important US Currency in Stack’s Bowers Showcase Auction

Stacks Bowers Galleries is thrilled to present an important offering of United States Currency in their Summer Global Showcase Auction. The firm’s first showcase currency sale since their Spring 2022 Auction, it features many rarities and advanced collections. Given the strong prices realized in their Spring 2022 Auction, another record-breaking sale is anticipated. One notable […]

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Stack’s Bowers Announces Paradise Collection of World Banknotes

Stacks Bowers Galleries is pleased to announce that they have been chosen to present the Paradise Collection to the numismatic community. This important cabinet features treasures that span the entire globe and represent hundreds of years of history, thoughtfully curated with both quality and prestige in mind. Due to its magnitude and the diversity of […]

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Popular and Rare 1882 Banknotes Feature in Stack’s Bowers US Paper Money Auction

By Christopher Dahncke – Currency Auction Associate, Stack’s Bowers Galleries …… Superb Gem 1882 $20 Gold Certificate The Summer 2022 Global Showcase Auction from Stack’s Bowers Galleries features 659 lots in our live session of U.S. paper money, which will take place on Wednesday, August 24. One impressive note from the sale is lot 20343, […]

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Uzbekistan Introduces New 200,000 Soum Banknotes

The Central Bank of the Republic of Uzbekistan announces the issuing of new banknotes with a face value of 200,000 soums from July 15, 2022. The theme of the banknotes is dedicated to the “Great Silk Road” and the ancient history of the Ferghana Valley, which is located within the territory of our state. On […]

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New Information on Nazi Counterfeiting Plot to be Unveiled at World’s Fair of Money August 18

Museum-quality book features never-before-seen accounts from numismatists, historians, descendants of Holocaust survivors, and the granddaughter of the Nazi who ran “Operation Bernhard”   A new book titled Forging Secrets: Faces and Facts Inside the Nazi Operation Bernhard Scheme will become available to the public at a special event at the Hyatt Regency Chicago O’Hare on […]

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Notable Notes: The “Lincoln Porthole” $5 Silver Certificate

By Joshua McMorrow-Hernandez for PCGS ……   This installment of “Notable Notes” highlights one of the more popular 20th-century “Horse Blankets”, so named because of the larger size of United States paper currency from before the issuance of smaller-sized notes of current dimensions beginning with Series 1928. Lincoln “Porthole” $5 1923 Silver Certificate, Gem UNC […]

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Central Bank of Egypt Begins Migration to Polymer Banknotes

  By De La Rue, plc ….. The new Egyptian 10-pound note (LE10) launched on July 5, 2022, and is the first Egyptian banknote to be printed on polymer substrate. The design of the new ten represents Egypt’s will to embrace positive change and progress toward the new republic whilst retaining the tradition of pharaonic […]

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Rare Chinese Coins Lead Heritage HKINF Auctions Above $14.3 Million

An exceedingly rare Chinese coin, struck in commemoration of the completion of one full lunar cycle since the start of the lunar series, sold for $576,000 to lead Heritage Auctions’ HKINF World & Ancient Coins Platinum Session and Signature Auction July 7-9. The $11,967,441 event was part of the Hong Kong International Numismatic Fair (HKINF), […]

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Chief Lynn Malerba Appointed as Treasurer of the United States

Chief Lynn Malerba will become the first Native American to serve as Treasurer of the United States and will lead the newly established Office of Tribal and Native Affairs   By the United States Department of the Treasury …… On Monday, June 27, 2022, ahead of Secretary of the Treasury Janet L. Yellen’s visit to […]

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Collectible Highlights in Sedwick’s 1st US & World Paper Money Auction

By Daniel Frank Sedwick LLC …… The first-ever US and World Paper Money Auction from Daniel Frank Sedwick, LLC is coming up this week – and we want you to be a part of it! This sale features 270 lots of rare and collectible banknotes including: Several iconic US banknote designs: the 1901 $10 “Bison” […]

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Bidding Already at $5,500 For Extremely Rare Dual Serial Number Error $5 Note

Certified by Professional Coin Grading Service, this banknote has mismatched serial numbers and is also missing some serial number digits   Bidding has reached $5,500 for a strange $5 Federal Reserve banknote that was discovered by alert collector Alex Allis who submitted the bizarre error to Professional Coin Grading Service (PCGS). Bidding on the note […]

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Ulster Bank Issues New £50 Polymer Banknote

By De La Rue, plc ….. Ulster Bank began issuing its latest polymer banknote on June 15, 2022. The new banknote focuses on Northern Ireland industry including aerospace, shipbuilding, linen mills, and the film industry. The design of the note showcases the achievements of women in Northern Ireland with astrophysicist Dame Jocelyn Bell’s discovery of […]

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US Paper Money Highlights of the Stack’s Bowers June Online Auction

By Christopher Dahncke – Currency Auction Associate, Stack’s Bowers Galleries …… 1934 $1,000 Philadelphia Federal Reserve Note The June U.S. Currency Collectors Choice Online (CCO) Auction is available for viewing and bidding, and Stack’s Bowers Galleries is pleased to offer a Fr. 2211-Clgs 1934 $1,000 Federal Reserve Note from the Philadelphia district in PMG Choice […]

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PCGS Launches Pack-Grading and New Small-Size Holders for Banknotes

PCGS begins grading full and half packs of U.S. small-size notes and unveils a new holder for smaller notes   Professional Coin Grading Service (PCGS) has officially launched pack grading for those who wish to submit their banknote packs for encapsulation. The innovative PCGS pack holders, which allow for half (50) or full (100) consecutive […]

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1941 Panama 20 Balboas in Stack’s Bowers June World Paper Money Auction

By Christopher Dahncke – Currency Auction Associate, Stack’s Bowers Galleries …… The June World Paper Money sale from Stack’s Bowers Galleries is shaping up, with the highlights of the sale being a set of four 1941 Panama notes. The star of the set is a P-25a 20 Balboas banknote in PMG Very Fine 25. The […]

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Bank of Scotland Completes Upgrade to Polymer With New £100 Note

By De La Rue, plc ….. The new £100, which entered circulation on May 9, 2022, features medical pioneer Dr. Flora Murray CBE and completes the series of polymer notes issued by the Bank of Scotland starting in 2016. The new £100 was designed and printed by De La Rue on SAFEGUARD® substrate and features […]

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From Valuable to Worthless and Back Again: Pre-1950 Chinese Currency, Part V

Collecting Rare Pre-1950 Chinese Currency by Dr. Richard S. Appel – UniqueRareCoins.com …… Part I | Part II | Part III | Part IV As I discussed in earlier articles in this series, the rise to power of the Chinese Communists in 1949 created numerous rarities among the heretofore circulating Chinese banknotes. This was due […]

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Full Set of 1941 Panama Notes Offered in Stack’s Bowers June Auction

Stack’s Bowers Galleries will offer a full set of the 1941 Panama Arias series in their upcoming June Collectors Choice Online (CCO) Auction. Individually the notes have realized historic prices since the pandemic began, with multiple higher-grade examples all bringing five-figure sums, in many cases more than $40,000 USD. The set that will be offered […]

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Numismatic Americana Offered by Early American History Auctions

Many Unique and Finest Known Historic Numismatic Rarities to be Sold at Auction Saturday, May 14, 2022   The most significant and consequential specialized Numismatic and Fiscal History auction event Early American History Auctions has offered in over two decades is on tap to close Saturday, May 14, 2022, at 9:00 AM Pacific Time / […]

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United States Series 1935A Hawaii Overprint Notes

In the wake of the Japanese air attack on Pearl Harbor on December 7, 1941, the United States command was faced with the prospect of a full-scale military invasion of the Hawaiian Islands. While it was determined after the war that in 1941 and early 1942, the Japanese armed forces had no real intention of […]

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Watch: Paper Money Stashed Away Since the 1960s

In this episode of the CoinWeek Live Stream, Editor Charles Morgan shows off nearly 50 notes from a recently discovered hoard of paper money once belonging to a Richmond, Virginia coin dealer active in the 1960s. This collection features a variety of Civil War-era, Charter Bank, National Bank, Silver Certificate, and Federal Reserve issues, spanning […]

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Renowned Ibrahim Salem Collection of U.S. Banknotes Comes to Heritage Auctions

Notes at May 6-7 Central States event reflect collector’s focus on Type rarity and fancy serial numbers   A rare and coveted $5,000 FRN from one of the world’s top collections of U.S. banknotes could bring $175,000 USD or more when it is sold in Heritage Auctions’ Central States US Currency Signature Auction May 4-7. […]

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Noteworthy Notes: Classic Colonial New Jersey 6 Shilling

By Philip Thomas for PCGS …… In the PCGS grading room, we certainly come across our fair share of the earliest types of American banknotes, namely Colonials and Continentals issued by the original 13 British colonies (both individually and collectively). These were issued during the decades leading up to the conclusion of the American Revolution […]

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Stack’s Bowers Ponterio to Offer Nearly 10,000 Lots of Asian Numismatics in May Hong Kong Auction

Stack’s Bowers and Ponterio is pleased to present a large and varied selection of Asian and Asia-related coins and paper money in their biannual Hong Kong Showcase Auction. The sale comprises eight live sessions and 10 internet sessions spanning 13 days, beginning at 10:00 AM, Tuesday, May 3 Hong Kong Time (Monday, May 2, 7:00 […]

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Solid 5: Unique Silver Certificate Sells for $7,600 at GreatCollections

On Sunday, April 17, 2021, Greatcollections.com sold a one-of-a-kind 1928A $1 Silver Certificate, notable for its solid 5s serial number for $7,593.75 (with Buyer’s Premium)- a fantastic sum for an otherwise common issue Silver Certificate. Signed by Woods and Mellon, this Choice Uncirculated 63 bill graded by the Paper Money Group (PMG), has also received […]

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Caribbean, African Banknotes Top Heritage European Paper Money Event

Netherlands World Banknote Auction Includes Elite Collection of Curaçao Notes   An extraordinary selection of notes from nations that at times have been under Dutch control will be up for grabs in Heritage Auctions’ Paper Money Fair – Netherlands World Banknote Signature Auction April 21-22. Included in the sale are two exceptional collections of notes, […]

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Special Palestine Texas $100 Date Back in Stack’s Bowers Spring Auction

By Christopher Dahncke – Currency Auction Associate, Stack’s Bowers Galleries …… The Stack’s Bowers Galleries Spring 2022 U.S. Currency Auction will be an impressive sale, with quite a few high-grade rarities within the catalog, including a neat CH#3694 The First NB of Palestine, Texas 1902 Date $100 in PCGS Banknote Choice Extremely Fine 45. The […]

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Archives International Auction 75 of Stocks, Bonds, and World Banknotes

Auction 75: Wednesday, March 30, 2022 To be sold at public auction beginning at 11:00 am ET   During this unprecedented time period, the team at Archives International is committed to taking every safety precaution to protect participants in our auctions: We have continued to reduce the number of team members in the office at […]

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Hyperinflation: Five Banknotes That Signaled Economic Catastrophe

By Tyler Rossi for CoinWeek ….. What is inflation? Basically, inflation is the rate, usually measured yearly, at which prices increase. When controlled by financial institutions and kept below 2% annually, inflation can actually help increase consumer demand and drive economic growth. However, if inflation starts to increase rapidly, money becomes worth significantly less. Central […]

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Euro Banknote Counterfeiting at Historically Low Level in 2021

By European Central Bank (ECB) …… 347,000 counterfeit euro banknotes withdrawn from circulation in 2021, a historically low level in proportion to banknotes in circulation About two-thirds of total withdrawn counterfeits were €20 and €50 banknotes Euro banknotes remain a trusted and safe means of payment The authenticity of euro banknotes can be verified using […]

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100-Note Series 1934A $500 Banknote Pack 1st Graded by New PCGS Service

Professional Coin Grading Service will soon debut grading of sealed banknote packs amid demand for certification of consecutive notes, low serial numbers, and other rarities   A full 100-note consecutively numbered pack of Series 1934A $500 Federal Reserve Notes is the first submission under a new banknote pack grading and encapsulation program that Professional Coin […]

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Archives International Auction 74 of Stocks, Bonds, and World Banknotes

Auction 74: Wednesday, February 23, 2022 To be sold at public auction beginning at 11:00 am ET   During this unprecedented time period, the team at Archives International is committed to taking every safety precaution to protect participants in our auctions: We have continued to reduce the number of team members in the office at […]

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South Viet Nam 1000 Dong Specimens to be Offered in February World Paper CCO

By Christopher Dahncke – Currency Auction Associate, Stack’s Bowers Galleries …… The February World Paper Money Collectors Choice Online (CCO) Auction is now available for viewing and bidding. Stack’s Bowers Galleries is offering quite an array of countries in this sale, so be sure to browse through the entire online catalog. Stack’s Bowers is proud […]

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From Valuable to Worthless and Back Again: Pre-1950 Chinese Currency, Part IV

Collecting Rare Pre-1950 Chinese Currency by Dr. Richard S. Appel – UniqueRareCoins.com …… Part I | Part II | Part III The Central Bank of China was officially established in November 1928. This was the year after Chiang Kai-shek assumed leadership of the Republic of China’s (1912-1949) government. The bank’s mandate was to set economic […]

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PMG Announces Seven Million Notes Certified

Paper Money Guaranty (PMG) is excited to announce a major milestone: seven million banknotes certified. With this achievement, PMG maintains the title of being the largest and leading third-party certification service for collectible paper money worldwide. Since 2005, PMG has continually innovated in order to safely protect and attractively display paper notes, with upgrades related […]

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World and US Paper Money Highlights in February Stack’s Bowers CCO Auctions

By Christopher Dahncke – Currency Auction Associate, Stack’s Bowers Galleries …… 1923 $5 Lincoln Porthole Silver Certificate The Stack’s Bowers Galleries February 2022 U.S. Currency Collectors Choice Online (CCO) Auction will be posted to our website soon for viewing and bidding. The sale features the Laguna Coast Collection Part 4 as well as other areas […]

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Bank of Thailand to Launch New Polymer 20 Baht Note

By De La Rue, plc ….. The Bank of Thailand will launch the new 20 Baht note on March 24, 2022. This marks a transition to polymer of the most widely used denomination in Thailand. The design of the new polymer note retains familiar themes from the previous cotton series for ease of public recognition. […]

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Stack’s Bowers to Present Over 6,000 Lots in Official 2022 NYINC Auction

Stack’s Bowers Galleries is proud to offer more than 6,000 lots of world and ancient coins, military medals and orders, and world paper money in their Official Auction of the January 2022 New York International Numismatic Convention (NYINC). Featured collections include the Mark and Lottie Salton Collection Part I, the Dr. Michael Rogers Collection of […]

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Archives International Auction 73 of Stocks, Bonds, and World Banknotes

Auction 73: Tuesday, January 18, 2022 To be sold at public auction beginning at 11:00 am ET   During this unprecedented time period, the team at Archives International is committed to taking every safety precaution to protect participants in our auctions: We have continued to reduce the number of team members in the office at […]

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Popular $10,000 Gold Certificate Among Highlights of Stack’s Bowers Currency Auction

By Christopher Dahncke – Currency Auction Associate, Stack’s Bowers Galleries …… Popular 1900 $10,000 Gold Certificate As part of the Stack’s Bowers Galleries January Collectors Choice Online (CCO) Auction of United States currency, we are offering Part III of the Laguna Coast “Gnat” Registry & Rarity Collection, along with an array of other numismatic items. […]

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Ultra-Rare 1882 $1,000 Gold Certificate Coming to Heritage Auctions

One of two known examples in private hands is among the top draws at FUN Currency Auction   One of just four examples of a rare 1882 Gold Certificate, only two of which are available to the public, could bring $500,000 USD or more when it crosses the block in Heritage Auctions’ FUN Currency Signature […]

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Stack’s Bowers December Hong Kong CCO Auction Brings $10 Million+

As the world shifts to a more digitized environment, numismatic items that had previously been reserved for live sales at major auctions are crossing the block at internet-exclusive events. The Stack’s Bowers Galleries December 2021 Hong Kong sale set the record for the largest online-exclusive numismatic auction, realizing more than $10 million in total sales. […]

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Stack’s Bowers Sells Over $100 Million in World and Ancient Coins in 2021

The Stack’s Bowers Galleries World and Ancient Coins Department is delighted to announce that their sales for 2021 have exceeded $100 million USD, far surpassing the total for any previous year. This milestone signals an uptick in market growth and demonstrates the universal trust that both sellers and buyers place in the Stack’s Bowers Galleries […]

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Heritage World Coins, Paper Money Auctions Combine to Top $13.8 Million

‘Mukden Tiger’ dollar roars past $2.1 million to pace Heritage Auctions’ biggest HKINF event   The popularity and demand for Asian numismatics has soared recently. Nowhere was that more evident than at Heritage Auctions’ HKINF World Coins Signature Auction December 11-13 and HKINF World Paper Money Signature Auction December 11, which combined $13,810,122 USD in […]

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The Coins and Currency of Modern North Macedonia

By Tyler Rossi for CoinWeek ….. Modern-day North Macedonia is a country of breathtaking natural beauty and ancient history that gained its independence in 1991 from the disintegrating Yugoslavia. A majority Slavic nation, North Macedonia has a rich monetary tradition stretching back through the socialist and royal iterations of Yugoslavia, medieval Bulgarian and Turkish empires, […]

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Over $14.7 Million in U.S. Coins, Currency Sold in Stack’s Bowers November Showcase Auction

Over $14.7 million in U.S. coins, currency, and Americana was sold by Stack’s Bowers Galleries in their official auction for the Whitman Coin & Collectibles Winter Expo. This was the first such event held since the beginning of the COVID-19 Pandemic, with lot viewing offered in-person at the Baltimore Convention Center and the auction itself […]

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Euro Banknotes to be Redesigned by 2024

By European Central Bank ….. ECB expects to select new euro banknote designs by 2024 ECB to seek the opinion of the public Multidisciplinary group to advise Governing Council on new themes The European Central Bank (ECB) plans to redesign euro banknotes, working with European citizens in a process that is expected to lead to […]

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January NYINC Auction to Feature Coveted Iraq P-14 1/2 Dinar – Extremely Rare India Print Note

By Christopher Dahncke – Currency Auction Associate, Stack’s Bowers Galleries …… The Stack’s Bowers Galleries January 2022 auction of the New York International Numismatic Convention (NYINC) will be posted to our website for viewing and bidding in the next week. In this sale we are pleased to offer an Iraq P-14 1931 (1941) ½ Dinar […]

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Stack’s Bowers Official Auctioneer of MIF Paper Money Fair in Valkenburg, Netherlands

Stack’s Bowers Galleries, known for selling at auction the most valuable paper money and coin collections worldwide, is thrilled to announce their sponsorship of the MIF Paper Money Fair in Valkenburg, Netherlands. Their sponsorship will include hosting an auction in conjunction with the show. The inaugural MIF Paper Money Fair will take place in the […]

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Curiosities of the United States Paper Money Cabinet, Part II

By John Thomassen for American Numismatic Society (ANS) …… Link to Part I As we continue our exploration of miscellaneous paper issues from the United States, we trek further into the world of the odd, the strange, the comical, and the confusing. Let’s dive straight in with two examples of one of the most well-known […]

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Late Finished Back Plate 1934 Cleveland District $5 Offered in November Stack’s Bowers Auction

By Christopher Dahncke – Currency Auction Associate, Stack’s Bowers Galleries …… The Stack’s Bowers Galleries November 2021 Official Auction of the Whitman Coin & Collectibles Winter Expo will feature notes from the “Gnat” Laguna Coast Registry and Rarity Collection. As many small size specialists are aware, this collection includes the best group of San Francisco […]

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Important U.S. Coins, Currency and Americana in Stack’s Bowers Nov. Showcase Auction

Stack’s Bowers Galleries is excited to announce their official auction for the Whitman Coin & Collectibles Winter Expo, the first such event since the beginning of the COVID-19 Pandemic. Lot viewing will be held from November 16-19 at the Baltimore Convention Center, while the live sessions of the sale will be held November 21-23 at […]

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Paper Banknotes From the Papal States

By Tyler Rossi for CoinWeek ….. In 1796 the French army of Italy invaded the Italian peninsula. With General Napoleon in command, the army swept through northern Italy, overthrowing various Austrian and Italian rulers before instituting the so-called “sister republics”. This did not, however, guarantee peace and tranquility. Italian nationalism was on the rise in […]

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Archives International Auction 71 of Stocks, Bonds, and World Banknotes

Auction 71: Tuesday, November 23, 2021 To be sold at public auction beginning at 11:00 am ET   During this unprecedented time period, the team at Archives International is committed to taking every safety precaution to protect participants in our auctions: We have continued to reduce the number of team members in the office at […]

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Stack’s Bowers Offering Newly Discovered Minneapolis 1918 $500 Federal Reserve Note

By Christopher Dahncke – Currency Auction Associate, Stack’s Bowers Galleries …… The November 2021 United States Currency Auction from Stack’s Bowers Galleries is now available for viewing and bidding. One notable offering is lot 20067, a Fr. 1132-I 1918 $500 Federal Reserve Note from the Minneapolis district graded About Uncirculated 50 by PCGS Banknote. It […]

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Central Bank of the Bahamas Releases New $100 Banknote

By Central Bank of the Bahamas ……   The Central Bank of The Bahamas released its new $100 banknote on October 6, 2021, completing the phased-in approach of the CRISP Evolution family of Bahamian banknotes that began in 2016 with the introduction of its CRISP Evolution $10 banknote. Under its strategy to issue modern and […]

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Paper Money Profile: United States Series 1976 $2 Federal Reserve Note

Introduction In the mid-1970s, the United States of America prepared to mark the bicentennial of its independence from Great Britain. Celebrations were planned across the country beginning early in the decade, and numerous numismatic or exonumic items were released – one of the most significant of which was a new series of $2 Federal Reserve […]

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Curiosities of the United States Paper Money Cabinet, Part I

By John Thomassen for American Numismatic Society (ANS) …… For numismatists and collectors alike, there’s nothing quite like exploring an area of numismatics that one knows little about, or hardly knew existed at all until being exposed to it. After changing my mind several times regarding the topic for this week’s Pocket Change blog post, […]

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Choice Uncirculated 1928D Atlanta $5 Featured in Stack’s Bowers Nov. 2021 Whitman Auction

By Christopher Dahncke – Currency Auction Associate, Stack’s Bowers Galleries …… The November 2021 Official Auction of the Whitman Coin & Collectibles Expo will feature notes from the “Gnat” Laguna Coast Registry and Rarity Collection. As many small size specialists are aware, this collection includes the best group of San Francisco District small size notes […]

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Printing Plates for Mid-1800s Banknotes Featured in Upcoming GreatCollections Sale

Six sheet printing plates linked to banks around the country offer a fascinating glimpse into American history   Printing plates produced for six American banks in the mid-19th century and certified as genuine by Paper Money Guaranty (PMG) are being offered by GreatCollections. Each is offered as its own lot, with bidding ending on October […]

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Rare Obsolete Texas Banknote Highlights From Stack’s Bowers September CCO Auction

By Christopher Dahncke – Currency Auction Associate, Stack’s Bowers Galleries …… Austin, Republic of Texas $500 The September CCO Auction from Stack’s Bowers Galleries will feature the Republic of Texas Collection, consisting of 55 obsolete notes from the Lone Star State. This is one of the most extensive collections we have had the pleasure of […]

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Tubman, Jackson, and Boggs: How Art Predicted the Future of US Paper Money

By Robert Cavalier and Wayne Homren ….. J.S.G. Boggs The proposed Harriet Tubman $20 bill would not be the first time the famed abolitionist and women’s suffragist “appeared’ on a United States banknote. The fascinating tale begins in the early 1990s, when the “Money Artist” J.S.G. Boggs came to Pittsburgh, invited by Carnegie Mellon’s Center […]

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Noteworthy Notes: New 1902 $10 Palo Alto Banknote Discovered

By Philip Thomas for PCGS …… There’s an old saying that still readily applies in the real estate market: “Three things matter when determining the value of a property: location, location, location.” Within the realm of collecting United States National Bank Notes, where thousands of private banking institutions across all 50 states and territories issued […]

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Over $4.7 Million in U.S. Currency Sold in Stack’s Bowers Galleries August ANA Auction

  Over $4.7 million USD in United States Currency was sold in the Stack’s Bowers Galleries August 2021 ANA Auction, contributing to over $50 million in prices realized across all product categories. Hosted from Griffin Studios, Stack’s Bowers Galleries’ state-of-the-art auction venue in Costa Mesa, California, this sale set a record as the most valuable […]

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Historic Hong Kong Banknote Certified by PMG Realizes Over $200,000

A historic Hong Kong banknote that was certified by Paper Money Guaranty (PMG) raced past its pre-auction estimate to realize an astounding £161,200, or about $220,000 USD. The earliest known fully issued banknote of Hong Kong was the centerpiece of a sale presented by Dix Noonan Webb on August 26, 2021. Graded PMG 12 Fine, the Hong […]

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Rare Legal Tender, Federal Reserve Notes Highlight Stack’s Bowers US Currency, Collectors Choice Auctions

By Christopher Dahncke – Currency Auction Associate, Stack’s Bowers Galleries …… Scarce Fr. 172 1880 $100 Legal Tender Note The official Stack’s Bowers Galleries United States Currency auction for the ANA World’s Fair of Money will feature lot 20170, a Fr. 172 1880 $100 Legal Tender Note graded Choice Uncirculated 63 by PMG. The 1880 […]

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PMG Certifies Phenomenal Canadian Banknote Rarity

Paper Money Guaranty (PMG) has certified an incredibly rare Canadian banknote that recently sold for more than $400,000 USD. Upon acquiring the note, the new owner promptly submitted it to PMG for expert authentication, grading, and encapsulation. The note, one of just four privately owned examples, realized CA$528,750 (about $430,000 USD) when it was offered […]

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Cook Islands Issues New $3 Polymer Note on Safeguard

By De La Rue, plc ….. The South Pacific nation of the Cook Islands launched their new $3 banknote on August 3, 2021, during Constitution Week celebrations. This replaces the previous design that was first issued in 1987. The $3 is the only note issued by the Ministry of Finance and Economic Management (MFEM), which […]

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Solid Serial Number 9 $10 BEP Premium Set Featured in Stack’s Bowers August ANA Auction

  By Christopher Dahncke – Currency Auction Associate, Stack’s Bowers Galleries …… Lot 20391 of the official United States Currency auction for the ANA World’s Fair of Money will feature a group of 12 Fr. 2031-A to 2031-L 1995 $10 Federal Reserve Notes that are all in Uncirculated condition. This is a district set and […]

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Extremely Rare PMG-Certified Silver Certificate Offered in August ANA Auction

An extremely rare Silver Certificate certified by Paper Money Guaranty (PMG) is the top lot in the Stack’s Bowers American Numismatic Association (ANA) Auction of US Currency. Online bidding is already underway for the sale, which will be held on August 18, 2021. The 1880 $500 Silver Certificate graded PMG 15 Choice Fine (lot 20264) has […]

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Heritage Showcase Auctions Feature Dutton Collection of US Coins, Colonial Valley Collection of Colonial Notes

The Bruce M. Dutton Collection Showcase Auction Preliminary bidding has already begun in the latest Showcase auction from Heritage featuring selections from the collection of Bruce M. Dutton. Bidding will culminate in a live session scheduled for 6 PM CT on Thursday, July 29. All bidding will take place exclusively through Coins.HA.com. This auction features […]

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Stack’s Bowers Galleries Announces ANA World Paper Money Sale

Stack’s Bowers Galleries has announced that their August ANA World Paper Money Sale has been finalized and is posted on their website StacksBowers.com. With the bidding now open, collectors have the opportunity to add treasures to their collections as many critical and heavily collected areas of World Paper are represented in the offering. The sale […]

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Russian and Soviet Banknotes on Offer at Stack’s Bowers August ANA World Currency Auction

By Christopher Dahncke – Currency Auction Associate, Stack’s Bowers Galleries …… North Caucasian Soviet Socialist Republic 1918 10 Rubles Specimen The official World Paper Money auction from Stack’s Bowers Galleries for the ANA World’s Fair of Money will feature an incredibly rare Russia North Caucasus note as lot 30438, a P-S447as North Caucasian S.S.R. 1918 […]

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Exceptional Macon Georgia Red Seal Serial Number 1 Sheet in Stack’s Bowers ANA Auction

By Manning Garrett – Paper Money Consultant, Stack’s Bowers …… The Stack’s Bowers Galleries official United States Currency auction for the ANA World’s Fair of Money will feature an uncut sheet of (4) Fr. 588 $5 1902 Red Seal Serial Number 1 Notes from the Citizens National Bank (Charter #8990) of Macon, Georgia, graded Choice […]

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Heritage Summer Hong Kong World Coin, Currency Auctions Exceed $10.5 Million

Rare Chinese dollar coins were the focus as Heritage’s June 23-25 auctions of World and Ancient Coins and rare World Paper Money raised over $10.5 million for their consignors. These auctions were held in conjunction with the biannual Hong Kong International Numismatic Fair (HKINF). All prices include a 20% Buyer’s Premium. A magnificent “Standard Pattern” […]

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Uncirculated 1863 $20 Legal Tender Note Presented in Stack’s Bowers ANA Currency Auction

By Peter Treglia – Director of Currency, Stack’s Bowers …… The official Stack’s Bowers Galleries United States Currency auction for the ANA World’s Fair of Money will feature an Uncirculated Fr. 126b 1863 $20 Legal Tender Note. Continuing the general design used on the $20 Demand Notes, the face displays Liberty standing at center with […]

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Mules and Blocks on Bucks: PCGS Certified Paper Money

By Philip Thomas for PCGS ……   It isn’t every day that a United States banknote variety that is currently unlisted in the foremost reference catalog enters the PCGS grading room. That is why our banknote team was more than a little bit surprised after encountering a note previously unknown to researchers and collectors active […]

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Heritage Opens Colonial Showcase, Hong Kong Auctions of US and World Currency

The Colonial Valley Part II Showcase Auction The latest Showcase auction of currency from Heritage Auctions features Part II of The Colonial Valley Collection, and it is open for bidding at Currency.HA.com. As might be expected from the name of the collection, virtually the entire offering consists of Colonial notes. This auction is scheduled to […]

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Stack’s Bowers Offers 1880 $1,000 Legal Tender Note, Rare Mexican Currency at August ANA Auction

1880 $1000 Legal Tender Note from the Tarzan Collection By Brad Ciociola – Currency Specialist, Stack’s Bowers Galleries …… One of the highlights of the Stack’s Bowers Galleries August Official United States Currency Auction of the ANA World’s Fair of Money is a Fr.187j 1880 $1000 Legal Tender Note from the Tarzan Collection. Just 14 […]

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New Handbook on Swedish Coins and Banknotes Now Available

By Coin & Currency Institute …… A new book on all the coins of Sweden from 995 to 2021 is now available in a compact, 512-page, full color, 8.25×5.75 inch format, and at a price of just $9.95 USD (plus $5.75 postage & handling). Myntårsboken 995-2021 (or Coin Yearbook 995-2021), is by the Swedish numismatist […]

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Part II of Mike Coltrane Collection of US Paper Money From Heritage Auctions Open for Bidding

The first installment of The Mike Coltrane Collection in November 2020 was enthusiastically received, which came as no surprise to us here at Heritage Auctions. Mike collected for four decades, with many of his notes never having appeared before at public sale. Furthermore, he has been universally well-liked and respected within the hobby, both as […]

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From Valuable to Worthless and Back Again: Pre-1950 Chinese Currency, Part III

Collecting Rare Pre-1950 Chinese Currency by Dr. Richard S. Appel – UniqueRareCoins.com …… Links to Part I | Part II Many factors converge to create the attraction and desirability of pre-1950 Chinese currency to worldwide collectors, investors, and history enthusiasts. This is especially true of the notes issued by the Bank of Communications (BofComm). One […]

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Banknote Book of World Paper Money Acquired by CDN Publishing

In a major industry announcement, CDN Publishing has agreed to acquire the collection of world paper money catalogs edited by Owen Linzmayer and published under the name of The Banknote Book (BNB). The Banknote Book consists of nearly 300 different chapters of world banknotes, based on the issuing country. Linzmayer has been working on the […]

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Ootje Oxenaar – The Art and Application of Banknote Design

By Phil Arnold for PCGS …… On a dreary April morning in 1998, I was blearily wandering through the Van Gogh Museum in Amsterdam. I was just 17 years old at the time, and I was fortunate enough to be part of a high school music trip to Holland. Despite my interest in visual arts […]

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Choice 1901 $10 Bison Legal Tender Note, World Paper Money in May CCO Currency Auctions

Choice About New 1901 $10 Bison in May CCO Currency Auction By Brad Ciociola – Currency Specialist, Stack’s Bowers Galleries …… The upcoming May 2021 United States Currency Collectors Choice Auction from Stack’s Bowers Galleries features a nearly uncirculated Fr.121m 1901 $10 Legal Tender Note. Graded Choice About New 58 by PCGS Currency, the note […]

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The Grand Watermelon Note Returns on a Replica Silver Bar

In the pantheon of American paper currency, the Treasury Note Series of 1890-1891 is not particularly memorable for its breathtaking designs and impressive artistry. Many collectors seek out the designs of the historic Silver Certificate and United States Note Series, such as the imagery from the 1901 Bison Note and the Educational Series. However, there […]

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United States $10,000 Federal Reserve Note Realizes Record Price of $456,000

An extremely rare banknote certified by Paper Money Guaranty (PMG) realized a record-setting $456,000 in a sale presented by Heritage Auctions. Three other PMG-graded notes also realized prices over $100,000 at the Central States Currency Signature Auction, held April 21-23, 2021. The 1928 $10,000 Federal Reserve Note (Kansas City) graded PMG 30 Very Fine (lot 22175) […]

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Stack’s Bowers May World Paper Money Auction to Feature Syria 100 Livres Color Trial Specimen

By Christopher Dahncke – Currency Auction Associate, Stack’s Bowers Galleries …… Stack’s Bowers Galleries upcoming May World Paper Money Collectors Choice Online (CCO) Auction offers a wide variety of currency from many countries. One important note we are pleased to present is lot 70868: Syria P-85cts 1958 100 Livres Color Trial Specimen in PMG Choice […]

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Central States Auctions Surpass $47 Million at Heritage

Fresh-to-market coins and historical rarities pushed Heritage Auctions’ Central States Numismatic Society (CSNS) event to $47,783,690 (USD) across several sales of U.S. coins and currency, a 42 percent increase from the auctioneer’s 2020 CSNS auctions and the highest total sold in the last five years. The sales offered more than 15,800 lots April 22-25 in […]

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New World Banknotes in SAFEGUARD Polymer From Libya, IBNS Award Winner Trinidad & Tobago

By De La Rue, plc ….. Central Bank of Libya Issues a New 5 Dinar Banknote Featuring SAFEGUARD ARGENTUM The Central Bank of Libya has issued its new 5 Dinar denomination on SAFEGUARD® polymer substrate, marking the 10th anniversary of the Libyan Revolution. This is the second banknote on SAFEGUARD, following on from the 1 […]

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Yuri Solovey Collections of Iberia and Brazil & East Africa Featured in World Paper Money Fair Auction

The April 30 World Paper Money Fair Signature Auction from Heritage Auctions features two different offerings from noted collector Yuri Solovey, an investor, and businessman with a passion for traveling and culture who is drawn to paper money because of its artistry and history. His penchant for banknotes began as he encountered the varied circulating […]

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PMG-Certified Rare British Banknotes From Dauer Collection Offered in Spink

Rare British banknotes that Paper Money Guaranty (PMG) certified from the world-renowned collection of Drs. Joanne and Edward Dauer are being offered in an upcoming Spink auction. Bidding is already underway for the sale, scheduled for April 28, 2021. The top lot is a Great Britain, Bank of England 1934-43 £1,000 issued in London graded PMG […]

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Stack’s Bowers Ponterio Hammers Highest-Grossing Auction Hosted Outside United States

Stack’s Bowers and Ponterio’s biannual Hong Kong-based auctions continue to attract tremendous enthusiasm and participation, as illustrated by their April 2021 event. Featuring over 5,100 lots of coins, tokens, medals, and currency, this monumental sale broke numerous records on its way to realizing a total of over $35.55 million, with 96% of the lots selling. […]

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PCGS Banknote Grades Rare Series of 1880 “Black Back” $100 Silver Certificate

By Cory Williams for PCGS …… Series 1880 “Black Back” $100 Silver Certificate, PCGS Choice Very Fine 35 PCGS recently graded an exemplary specimen of the rare 1880 “Black Back” $100 Silver Certificate, a relic from a time when the United States silver dollar was about to enter a new and colorful chapter of existence. […]

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Collect Historic Paper Money Designs in New Release From JM Bullion

There was a time and place in American history when American paper notes were small works of art carried around by average people in their pockets. In the 1890s and the first decade of the 1900s, the United States sought to create paper currency designs that were worthy of attention and awe. While most of […]

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Archives International Auction 66 of Stocks, Bonds, and World Banknotes

Auction 66: Friday, April 23, 2021 To be sold at public auction beginning at 11:00 am ET   During this unprecedented time period, the team at Archives International is committed to taking every safety precaution to protect participants in our auctions: We have continued to reduce the number of team members in the office at […]

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Extremely Rare Pakistan Haj Pilgrim 100 Rupees Specimen in Stack’s Bowers Hong Kong Paper Money Auction

By Christopher Dahncke – Currency Auction Associate, Stack’s Bowers Galleries …… Stack’s Bowers and Ponterio is pleased to offer in their April 2021 Hong Kong auction lot 40456, a P-R1s Government of Pakistan 100 Rupees Specimen in PMG About Uncirculated 55. This incredibly rare specimen variety is from the coveted 1950 Haj Issue. The note […]

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Unparalleled Solid Serial Numbers 9 to 1 Block Rollover Pack Pair in Stack’s Bowers Las Vegas Currency Auction

Las Vegas Auction Paper Money Highlights by Brad Ciociola – Currency Specialist, Stack’s Bowers Galleries …… Stack’s Bowers Galleries March United States currency auction will feature an incredible solid serial number 9 to serial number 1 block rollover pack pairing. The two packs of Fr.1908-E Series of 1974 $1 Federal Reserve Notes are the first […]

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Stack’s Bowers Ponterio to Offer 5,000+ Lots in Most Valuable Hong Kong Auction to Date

The rare coin market remains incredibly robust, with Chinese numismatics among the clear trend-setters. Within this environment of intense interest, venerable auction house Stack’s Bowers and Ponterio has assembled their largest—and sure-to-be their most valuable—Hong Kong auction to date, offering over 5,000 lots of coins, medals, tokens, and currency, with higher-end estimates surpassing $16.5 million. […]

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Important Collections of U.S. Coins, Paper Money Featured in Stack’s Bowers March 2021 Las Vegas Auction

Stack’s Bowers Galleries is proud to announce their March 2021 Las Vegas Auction, the firm’s first Showcase event for Americana and United States coins and paper money of the year. The primary highlight of this auction is the magnificent 1822 Capped Head Left half eagle from the D. Brent Pogue Collection. It is the only specimen in private hands […]

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Sensational Pennsylvania First Charter $50 National Banknote in Stack’s Bowers March Auction

By Christopher Dahncke – Currency Auction Associate, Stack’s Bowers Galleries …… The Stack’s Bowers Galleries March 2021 Las Vegas sale features an exciting array of United States currency, from marbled edge Continental notes to high-denomination Federal Reserve Notes. One of my personal favorites in the sale is lot 3527 from the Tarzan Collection, an 1875 […]

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Collecting $2 Bills Dated From 1862 to the Present

The $2 bill has never been very widely accepted by the American public, nor as widely collected as other denominations   By Bullion Shark LLC …… When the Continental Congress was considering the first federally issued money, initially it authorized bills of credit in many denominations, including $2. But only a relatively small number of […]

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Scarce “Triple Sig” Series 1882 $50 Gold Certificate Found in Old Book

1882 $50 Gold Certificate, PCGS Very Fine 30   By Cory Williams for PCGS …… Recently, PCGS Banknote had this beautiful Gold Certificate come through the grading room. Interestingly, the submitter had no idea of the value, and when we had to move the submission to a more valuable tier, she explained that she had […]

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From Valuable to Worthless and Back Again: Pre-1950 Chinese Currency, Part II

Collecting Rare Pre-1950 Chinese Currency by Dr. Richard S. Appel – UniqueRareCoins.com …… Link to Part I After the Qing dynasty was overthrown in the 1911-12 Chinese Revolution, the Bank of China (BOC) was formed. It took the role of the first central bank of the newly named Republic of China and replaced the dynasty’s […]

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