A total just over $7 million was realized by Lyn Knight Currency Auctions’ Aug. 30-Sept. 1 U.S. paper money sale, the first auction to be held in Knight’s new facility in Lenexa, Kan.
A “Watermelon” $100 Treasury Note of 1890, graded extremely fine by Knight catalogers, sold for $143,750. Prior to the sale the firm had estimated that it would bring $125,00-$175,000.
“It is not necessarily the highest grade (example) known, but the overall quality is as fresh, bright and pleasing as any of the others I have seen or handled,” Knight commented in the auction catalog.
A Series 1880 $50 Legal Tender Note depicting Benjamin Franklin on the face was bid past its high estimate to $86,250.
“There are only six notes known in private collections, and of those all but one are AU or CU,” Knight wrote.
The estimate was $45,000-$75,000 for this example graded gem crisp uncirculated.
Leading National Bank Notes was a small-size Type 2 1929 $20 from the McGill National Bank, McGill, Nev., graded gem CU by the firm. It brought $37,950, topping the pre-sale estimate of $10,000-$20,000.
An 1882 $100 Gold Certificate in very fine-extremely fine condition realized $63,250. About it Knight wrote:
Further results can be see at www.lynknight.com. For more information about this sale or Knight’s upcoming October or November auctions, write to Lyn Knight Currency Auctions at: P.O. Box 7364, Overland Park, KS 66207. Or call (800) 243-5211 or (913) 338-3779 or send an e-mail to support@lynknight.com.
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