Heritage Auctions’ Orlando FUN Currency event realizes $8.4+ million as part of $75+ million week of numismatic auctions

Finest of three known $20 Nevada Red Seal notes leads the way, Jan. 5-10, with $66,125 price realized; $10,000 note from famous Binion’s Horseshoe display brings $63,250

DALLAS, TX – The finest of three known $20 Nevada Red Seal notes, a $20 1902 Red Seal Fr. 641 The Nixon NB Ch. # (P)8424, by far the greatest note to emerge from The Platte River Cash Hoard, brought $66,125 as the top note in Heritage Auctions Jan. 5-10 Signature® Orlando FUN Currency Auction, which realized an impressive $8.4+ million total. All prices include 15% Buyer’s Premium.

HeritageFUN Heritage Auctions’ Orlando FUN Currency event realizes $8.4+ million as part of $75+ million week of numismatic auctionsThe Platte River Hoard is without a doubt a great currency find,” said Allen Mincho, Director of Currency Auctions at Heritage, “and this $20 Red Seal is easily the best of that significant bunch and a reminder that significant rarities are still awaiting discovery even a century after their issue. A mere 14 Red Seals have been reported from all the banks in Nevada combined, and – obviously – collectors put a premium on them.”

The Currency section of the FUN auction saw more than 3,340 bidders vying for 3,717 lots – translating into a 94.5% sell-through rate by value. The US Coins section realized approximately $64 million, with a 93.7% sell-through by value. World Coins brought in another $10.7 million at the New York International Convention, lifting Heritage’s New Year’s Week’s total to well above $75 million.

A very attractive Binion $10000, a Fr. 2231-B $10000 1934 Federal Reserve Note, PCGS Apparent Choice About New 55 – one of 100 $10,000 notes that appeared in the Binion’s Hotel $1 Million display in Las Vegas’s classic Glitter Gulch area – proved very popular with collectors on its way to realizing $63,250.

A $1,000,000 U.S. Treasury Bond of 1963, PCGS New 61, the second bond issued to the First National Bank of Boston that was repatriated from Cuba represented a significant piece of U.S. numismatic history, as well as of 20th century political history, as it realized $54,625. A rare and lovely Winston, NC $10 1882 Brown Back, Fr. 490, from The Wachovia NB Ch. # 2425 was the subject of collector interest to the tune of $48,875, while a Serial Number A999999A to A000001B unique rollover pair of $5 bills – New York, NY – $5 1929 Ty. 1 The Chase NB Ch. # 2370 – realized $44,563.

Further highlights include, but are not limited to:

$1,000,000 U.S. Treasury Bond of 1963 PCGS Choice About New 55: Issued on December 15, 1954 to the First National Bank of Boston, one of the bonds issued in 1954 to keep U.S. assets out of Castro’s hands. Realized: $43,125.

Serial Number N99999999A to N100000000A Rollover Pair, Four Consecutive Fr. 236 $1 1899 Mule Silver Certificates PMG Choice About Unc 58 EPQ, Gem Uncirculated 65 EPQ, and (2) Gem Uncirculated 66 EPQ: Realized: $40,250.

Guirot Endorsed Montgomery $1000 T1 1861 PF-1 Cr. 1: From The Honorable William H. Kelly Collection. Realized: $37,375.

Fr. 1219e $1000 1907 Gold Certificate PCGS Very Fine 30: Realized: $35,938.

Unique Santa Claus Note with this design and overprint, New York, NY- Saint Nicholas Bank $5 Feb. 24, 1864 G8c: From The Roger H. Durand Santa Claus Notes Collection. Realized: $34,500.

Heritage Auctions, headed by Steve Ivy, Jim Halperin and Greg Rohan, is the world’s third largest auction house, with annual sales more than $800 million, and 700,000+ online bidder members. For more information about Heritage Auctions, and to join and gain access to a complete record of prices realized, along with full-color, enlargeable photos of each lot, please visit HA.com.

About the Author:

Heritage Auction Galleries is the world's largest collectibles auctioneer. Our 329,383 members are a testament to our reputation for professional business practices and unprecedented knowledge in the field of collectibles. Our mission is to provide the Internet's most indispensable trading platform and source of information for serious collectors, investors and dealers.

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