Gorgeous U.S. and worldwide banknotes will be sold at Archives International Auctions' two-session sale, Oct. 24 & 29

  • FORT LEE, New Jersey
  • /
  • October 08, 2015

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British American Bank Note Company advertising sheet, circa 1860s (est. $3,000-$6,000).
Archives International Auctons

FORT LEE, N.J. – More than 1,200 lots of U.S. and worldwide banknotes, coins, scripophily, Liberty Loans, Federal bonds, Confederate bonds and banknotes and security printing ephemera will be sold at public auction on two non-consecutive days – Oct. 24th in New York City and Oct. 29th in New Jersey – by Archives International Auctions, based in Fort Lee.

Session I is slated for Saturday, Oct. 24th, at the Museum of American Finance located at 48 Wall Street in lower Manhattan. It will be held in conjunction with the Fifth Annual Wall Street Coin, Currency & Collectibles Show, scheduled Thursday through Saturday, Oct. 22-24. Session II takes place on Thursday, Oct. 29, at Archives International Auctions' offices, at 1580 Lemoine Avenue (Suite 7) in Fort Lee, N.J.

“We are excited to offer the first portion of the John E. Herzog Collection of rare and exciting scripophily (the collecting of stocks and bonds) as well as many outstanding collections that include U.S. railroad bonds, Confederate bonds, U.S. and worldwide banknotes, Confederate banknotes, coins, autographs and security printing ephemera,” said Dr. Robert Schwartz, President of Archives International Auctions.

Dr. Schwartz added, “We anticipate another exciting auction and have the privilege of holding the first session at the historic and beautiful main gallery of the Museum of American Finance located at 48 Wall Street, which used to be the old Bank of New York Building. Even with the numerous rarities in the auction, collectors of every level and budget are certain to find that elusive treasure for their collections.”

Start times for both sessions will be 10:30 a.m. Eastern time. For those unable to attend in person, there will be live online bidding on the website at www.ArchivesInternational.com, as well as live gallery, absentee and telephone bidding.

Session I, on Saturday, October 24th, will begin with “The First Hour” of artwork, works on paper, ephemera, autographs and historic artifacts, including a genuine Western Union stock ticker, circa 1867 (est. $6,000-8,000); an outstanding 1858 Honolulu (Hawaii) Sandwich Islands Thomas Spencer bill of exchange with spectacular whaling scene (est. $1,000-2,000); an Andrew Johnson presidentially signed ship certificate from 1832 (est.$2,000-$2,500); a Franklin D. Roosevelt signed Yalta Conference (February, 1945) “Short Snorter” conservatively estimated at $1,000-$2,000; and numerous rare objects, documents and artwork, including a circa 1870-1890s Mechanical Bank “Bad Accident” found in a 200-year-old, family-owned estate in New Jersey.

“The First Hour” is followed by more than 390 lots of U.S. and worldwide scripophily, including over 50 Confederate states and Southern states bonds. Highlights of the Confederate bonds section will include a $5,000 (Cr. 145, B-337, est. $500-$1,000); and a $10,000 (Cr. 146, B-339 est. $600-$1,200), with no more than 10 to 20 known to exist.

The first offering of the John E. Herzog Collection of rare scripophily will be offered, with many highlights including an amazing Accelerating Steam Navigation Company 1841 10 shares stock certificate with unique vignette of early blimp or balloon on a ship (est. $900-1,250); an 1837 James' Port Whaling Company (est. $500-1000); and an 1892 Gatling Ordnance Company stock certificate (est. $900-1,250).

U.S. and worldwide scripophily is represented by hundreds of desirable bonds, shares and certificates, including an incredible early collection of proof and specimen banking stock certificates dating from the 1820s to the 1870s, as well as from topics including railroads, mining, banking and numerous other subjects.

Also included are over 30 lots of Chinese bonds, including a trio of Chinese Government 5% Reorganization Gold Loan of 1913, Deutsche-Asiatische Bank (est. $700-$1,400). The first session will end with 10 different Liberty Loan and Federal bonds that will include a First Liberty Loan converted 4 ¼% gold bond of 1932-1947, issued May 1918 (est. $5,000 to $7,000).

Session II will include over 270 lots of worldwide banknotes, with highlights including a pair of Banco Internacional de Costa Rica, Unique Banknote Printing Plates (circa 1918-1921) of a 50 Centavos note from the ABN Archives (est. $3500-7000); Part 1 of the Arthur Matz Collection of modern worldwide banknotes and hundreds of other desirable banknotes; a Fijian Government Debenture, 1872 Issue rarity and the finest known for this issue (est. $1,500-$3,000) found in an old English estate sale; an attractive Mexico collection, including a Bono De Caja, El Banco Comercial Refaccionario De Chihuahua ND (1902) specimen (est. $1,200-2,000); and numerous other rare and desirable banknotes.

The will auction will feature over 80 lots of U.S. & world scripophily; over 20 lots of checks, drafts exchanges and fiscal paper; 33 lots of security printing ephemera, highlighted by a rare and desirable British American Bank Note Company advertising sheet, circa 1860s (est.$3,000-6,000); over 50 lots of Colonial banknotes from the Harry Rinker Collection; and many multiple lots from New Jersey and Pennsylvania.

Colonial highlights will include a New Jersey 1786 banknote pair of 3 Shillings and 30 Shillings (SCWPM S1855, S1859, est. $750-$1,500). Following the colonial notes will be an exceptional offering of over 170 lots of U.S. and Southern states obsolete banknotes, highlighted by a very attractive Louisiana, 1863, Parish of Avoyelles, $5 banknote rarity; a Bank of America, 1879 Specimen $10,000 Clearing House Certificate, (est. $4000-8000); and a Stock Security Bank (N.D., circa 1850s) uncut proof sheet of four obsolete banknotes (est. $800-$1,200).


Following the obsolete section will be over 50 Confederate and Southern states obsolete banknotes, featuring a Confederate States of America 1861 T-22 issued $10 banknote (est. $1,250-$1,800); a Confederate states, $5, 1861, T12 graded PCGS VF 30 (est. $3,000-$4,000); and numerous additional banknotes. U.S. type notes (including nationals) will feature a Legal Tender Note, 1863 Series, 5 Dollar PMG graded CU 64 as well as numerous type notes; an 1885 Hackettstown National Bank of N.J. Ch# 1259, Second Charter $10 Brown Back, Fr. 481; followed by 14 desirable New Jersey nationals.

The sale will conclude with a small selection of U.S. coins, tokens and medals, including Seated Liberty silver dollars, half dollars and Civil War patriotic and hard times tokens.

Previews are scheduled for Monday and Tuesday, Oct. 19-20, and Oct. 26-27, at AIA’s offices in Fort Lee, N.J., and on Thursday and Friday, Oct. 22-23, at the Museum of American Finance, located at 48 Wall Street in New York City, or by appointment. For an appointment, call (201) 944-4800. Check the website for viewing times at www.ArchivesInternational.com.

The catalog is online at the Archives International Auctions website and can be viewed via Archives International’s live bidding platform or as a virtual catalog or downloadable .pdf. Hard copies are available for $25 for each session. To pre-register for live event internet bidding, you may log on to www.ArchivesInternational.com.

Archives International Auctions is always looking for U.S. and worldwide banknotes, coins, stocks, bonds, stamps, postal history, autographs and historic ephemera and documents for future auctions, or to buy outright. To sell or consign one piece or an entire collection, you may call AIA at (201) 944-4800; or you can send them an e-mail, to info@archivesinternational.com.

You may also write to Archives International Auctions, at 1580 Lemoine Ave., Suite #7, Fort Lee, NJ 07024. To learn more about Archives International Auctions and the upcoming auctions planned for Oct. 24 and November and December 2015 as well as their early 2016 winter auctions, please visit www.ArchivesInternational.com. Updates are posted often.

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Contact:
Dr. Robert Schwartz
Archives International Auctions
(201) 944-4800
info@archivesinternational.com

Archives International Auctions
1580 Lemoine Avenue
Suite 7
Fort Lee, New Jersey
info@archivesinternational.com
(201) 944-4800
http://www.archivesinternational.com

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