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Anderson Collection to cross block

“The largest, finest, and most complete collection of Large Size United States paper money types in existence today … rivaled only by great collections of generations ago that have long since been dispersed,” is how Stack’s Bowers Galleries has described the Joel R. Anderson Collection of U.S. paper money.

Among the offerings for sale from the Joel R. Anderson Collection is this 1863 $500 legal tender note, Fr. 183c. Graded PCGS Very Choice New 64PPQ, it is the finest of four known.

The firm is placing the collection on the auction block, the first of its sales to be held during its official auction of the Whitman Coin & Collectibles Expo in Baltimore, Md., from March 21-23.

The collection of approximately 240 large-size (pre-1928) currency notes certified by PCGS Currency consists of Demand Notes, Legal Tender Notes, Compound Interest Notes, Interest Bearing Notes, Refunding Certificates, Silver Certificates, Treasury Notes, National Bank Notes, National Gold Bank Notes, Federal Reserve Bank Notes, Federal Reserve Notes and Gold Certificates.

Highlights of the collection include:

• The only complete 1869 Legal Tender “Rainbow” series, $5, $10, $20, $50, $100, $500 and $1,000. Fr. 184, the $500, is unique by design as no other type shares the front and back. It is graded PCGS About New 55PPQ. The $100 is graded PCGS Gem New 66PPQ and is atop the population report with no equals. The $1,000 Fr. 186f, graded PCGS About New 53, is unique in private hands and is the finest known. The only other example is housed in the Federal Reserve Bank of Chicago and is reported to grade Choice Very Fine. Both notes are ex. Amon Carter.

• Fr. 346e 1891 $1,000 Silver Certificate. “The Marcy Note,” graded PCGS Very Fine 25, is unique in private hands. The other is housed at the Smithsonian Institution.

For full details of the collection and its sale, visit www.stacksbowers.com.


This article was originally printed in Bank Note Reporter. >> Subscribe today.


More Collecting Resources

• The Standard Catalog of United States Paper Money is the only annual guide that provides complete coverage of U.S. currency with today’s market prices.

• Order the Standard Catalog of World Paper Money, General Issues to learn about circulating paper money from 14th century China to the mid 20th century.

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