Spectrum Numismatics Buys $1000 “Grand Watermelon” for $1.527 Million in Heritage Sale. VIDEO: 4:36

grad_watermellonMichael Sadler, Auctioneer, Heritage Auctions, Peter Treglia, Currency Director, Spectrum Numismatics

Another auction record was set with the million dollar sale of one of the most celebrated bank notes in the United States.

The "Grand Watermelon" is a $1000 bill with zeroes on the back side that remind people of water melons. The front side has a portrait of Civil War General George Meade. Only five examples are known and this is one of the finest.

See the auction sale and hear Peter Treglia of Spectrum Numismatics talk about why he purchased this note and what million dollar prices mean for the paper money market.

Copyright © CoinWeek LLC. April, 2013
April 24-27, 2013 Schaumburg, IL

The Central States Numismatic Society 74th Anniversary Convention

The Central States Numismatic Society, founded in 1939, is one of the larger numismatic organizations in the United States with membership fluctuating around 2,000. CSNS, as it is known informally, operates in a 13 state Midwestern region but membership is open to residents of all states and foreign countries.

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