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HCAA hits $6.2 million

HCAAa0606.jpgHeritage-Currency Auctions of America conducted a $6.2 million paper money sale April 27-28 during the Central States Numismatic Society convention in Columbus, Ohio.

Top lot was an 1882 $50 Gold Certificate, the only known example of its signature/seal variety. Graded Very Fine-35 by Currency Grading and Authentication, the note realized $299,000. The note is assigned reference numbers Krause-Lemke 697a, Friedberg 1192a.

All prices reported here, including the sale total, include 15-percent buyer fees.
Second-highest price was $184,000 paid for an 1863 $100 Legal Tender Note, KL-786, Fr. 167a, graded Choice New-63 by PCGS Currency.
?The market is roaring for large type notes, which are clearly setting new records at every offering,? commented HCAA director Allen Mincho.

Mincho noted that the 1882 $50 previously sold at auction in August 2005 for $57,500, and the 1863 $100 was auctioned in May 2005 for $115,000.
Coming in third in HCAA?s Columbus sale was a Series 1914 $5 Federal Reserve Note, KL-299, Fr. 871a, graded PCGS Very Choice New-64 PPQ, that realized $115,000. The note was previously part of HCAA?s Malcolm Trask collection sale in

For more information about HCAA sales, contact Heritage Numismatic Auctions, Inc., 3500 Maple Ave., 17th Floor, Dallas, TX 75219. For catalog availability, call (800) 872-6467, ext. 272.
Full sale results are available online at www.heritagecoin.com.

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