Beautiful U.S. and worldwide banknotes, stocks and bonds will be sold at public auction Oct. 22 and 25

  • FORT LEE, New Jersey
  • /
  • October 06, 2016

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Bank of New York, 1860 proof obsolete banknote.
Archives International Auctions

FORT LEE, N.J. – Over 1,380 lots of rare and highly collectible worldwide banknotes, scripophily (stock and bond certificates) and security printing ephemera will be sold at a two-session public auction on Saturday, October 22nd at the Museum of American Finance, located at 48 Wall Street in New York City, and Tuesday, October 25th, in the offices of Archives International Auctions.

Saturday’s session will be held in conjunction with the 6th annual Wall Street Bourse. Archives International Auctions’ offices, for the Tuesday session, are located at 1580 Lemoine Avenue (Suite 7) in Fort Lee. Start times both days are 10:30 am Eastern time. For those unable to attend in person, online bidding will be available through the website www.ArchivesInternational.com.

The sale will offer a variety of rare banknotes, scripophily, autographs, historic documents and ephemera, with many desirable items rarely seen at auction. “Many of these banknotes and certificates haven't seen the light of day for 20 to 50 years, and will be sure to attract serious attention from collectors and dealers,” said Dr. Robert Schwartz, president of Archives International Auctions.

Dr. Schwartz added, “We are thrilled to be holding our 6th annual Wall Street Bourse auction at the Museum of American Finance in this impressive and historic venue. We will be offering an outstanding selection of bonds, shares, banknotes and security printing ephemera over the course of the two selling days. Telephone and absentee bids, or left bids, will be accepted on both days.”

Session 1, the Saturday session (372 lots), will include 183 lots of United States and worldwide scripophily, featuring selections from the John E. Herzog collection of mining, railroads and other topics, highlighted by a 1938 reprint bond “Roulette de Monte Carlo” by Marcel Duchamp; a set of five different 1866 issued Irish Republic bonds; and an 1883 Government of Canada 4% proof bond.

Also sold will be a new find of Michigan and Ohio mining and oil stock certificates; modern classic rarities, such as Apple and Microsoft specimen stock certificates; 22 lots of U.S. Federal Bonds and Liberty Loan Bonds, including a $50 Second Liberty Loan converted 4.25% Gold Bond of 1927-1942 from the Chet Krause Collection, as well as numerous other desirable bonds.

Confederate banknotes will be highlighted by an 1861 Error Date $2, T-38, graded PMG Very Fine 20; an 1864 Treasury of the Confederate States issued warrant rarity; and other examples.

The Saturday session will also include a collection of 60 lots of rare security printing ephemera, featuring early coated stock security printer business cards from ABNC, Continental BNC and others; sample notes by Bradbury, Waterlow and other companies, dating from the 1840s to the 1980s; and Western checks, exchanges and fiscal documents, including early Wells Fargo items.

Session 2, being held at Archives International Auctions’ offices in Fort Lee, New Jersey on Tuesday, October 25th will include more than 1,000 lots of United States and worldwide banknotes and scripophily, with over 180 lots of worldwide banknotes; 260 lots of U.S. obsolete and type notes; and ending with more than 340 lots of United States and worldwide scripophily.

The world banknotes will include 69 lots of Chinese banknotes and scripophily, highlighted by a 10 Mexican Dollars, 1909 Russo-Chinese Bank color trial specimen by Bradbury Wilkenson; a 1902 “Harbin” Branch Issue 1 Yuan note from the Chinese Eastern Railway, Kui Sheng Co.; an issued 1920 Chinese-American Bank of Commerce, $10, P-S232b note; and other Chinese notes.

Additional highlights will include two lots of rare Peru notes, Banco De Reserva Del Peru, 1926 “Unissued” series specimens, ½ Libra, P-52s and 1 Libra, P-53s, which are only officially known as specimens and rarely seen at auction; and a lovely set of five specimen United Arab Emirates Currency Board, 1973-1976 ND issues, all five in uncirculated to Gem Uncirculated condition.

Session 2 will continue with 200 lots of United States obsolete banknotes, including a Bank of Germantown of the City of Philadelphia, 1862 issued obsolete note with a dramatic polar bear fight vignette. Delaware will be well represented by a Bank of Wilmington and Brandywine and an issued $1 Diamond State Bank obsolete note.

Connecticut will feature a circa1830s Mechanics Bank proof from the Silver City Collection; a Quinnipiack Bank proof; and a specimen Reed, Stiles, Pelton Co., ca. 1824. Maryland will weigh in with a Franklin Bank of Baltimore, $10 proof and a Merchants Bank, Baltimore proof, both from the Silver City Collection; New Jersey obsoletes include an uncut partial sheet of 2 notes, $1 and $2, from Orange Bank in the County of Essex that were previously unlisted in Haxby.

New York notes will include numerous proof and issued notes, highlighted by a $1 and $2 Bank of New York proof pair; a beautiful Highland Bank $50 proof with the very rare “Washington’s Headquarters, Newburgh” vignette; a proof $1 Seventh Ward Bank obsolete; and numerous other highlights, including numerous “Silver City Collection” examples and additional scarce notes.

Fractional and type notes will feature a $10, serial number “1”, 1902 date back Yonkers National Banknote; a $5 1902 Plain Back, Martha’s Vineyard National Bank of Tisbury; a 1896, $1 educational silver certificate in PMG 64; an uncut sheet of six, $10, Live Stock National Bank of Sioux City, Type 2 nationals; and two different 1929 Type 1, Reno, Nevada $20 National notes.

The sale will end with over 340 lots of U.S. and world scripophily, highlighted by 170 lots of railroad issued and specimen stocks and bonds; the first offering of 19 lots from an outstanding Pennsylvania turnpike collection, formed over 30 years with many certificates rarely if ever seen at auction; and numerous additional topics, including banking, mining, aviation and many others.

The auction will feature hundreds of additional rare and desirable bonds, shares and banknotes in every price range, for the beginner to the advanced collector. The highlights are too numerous to mention. Previews will be held at the Archives International Auctions offices in Fort Lee, on Monday, Oct. 17; Tuesday, Oct. 18; and Monday, Oct. 24; from 10 am to 5 pm Eastern time all three days.

Previews will also be held at the Museum of American Finance in New York City on Friday, Oct. 21, from 10:30-5; and by appointment, day of sale, Oct. 22nd. For an appointment call (201) 944-4800 or email info@archivesinternational.com. Check the AIA website for additional info.

The online catalogs for the October 22nd and 25th sale are on Archives International Auctions’ website and can be viewed via the Archives International Live bidding platform. It can also be viewed as a virtual catalog or downloadable .pdf. To pre-register for live event internet bidding, you may log on to the Archives International Auctions website, at www.ArchivesInternational.com.

More information about the Wall Street Collectors Bourse, can be found on the Bourse website, at www.wallstreetbourse.com. The event will feature coins, currency and scripophily and is being held at the Museum of American Finance, located at 48 Wall Street in New York City.

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

You may also write to Archives International Auctions, at 1580 Lemoine Ave., Suite #7, Fort Lee, NJ 07024 U.S.A. To learn more about Archives International Auctions and the auctions planned for October 22nd and 25th and in December, log on to www.ArchivesInternational.com.

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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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