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Last Chance to Bid in the July 2015 Baltimore Internet-Only Session!

Last chance to bid on the fabulous Stack’s Bowers Galleries Official Auction of the Whitman Coin & Collectibles Baltimore Expo! The Internet Session is presented in the same format as our live Showcase and Rarities Night Auctions.

Each lot in the Internet-only session is offered in lot order, one by one. Participants are able to bid online through our iBid Live platform — the same online bidding platform used in our Showcase and Rarities Night Auctions.

Session 8

U.S. Coins Part II – Internet Only

Tuesday, July 21 – Live internet bidding starts at 10:00 AM PT
StacksBowers.com
Lots 32001-33142

Small Size Type Notes Highlighted in the Stack’s Bowers Galleries 
July Baltimore Currency Auction 

Stack’s Bowers Galleries upcoming Official Auction of the Whitman Coin and Collectible Summer Expo will feature a number of important United States small size currency offerings. Among the more than 1,200 lots of currency offered in the auction is an impressive Fr. 1700 1933 $10 Silver Certificate graded Gem Uncirculated 66 EPQ by PMG and pedigreed to The Collection of Doug Kaselitz. The small size rarity, one of just over 50 known, is estimated to bring $25,000 to $35,000.

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Numismatic Businesses Defeat Attempted Repeal of Hobby’s Tax Exemption in Maryland

For the third time, the Maryland General Assembly rejected legislation that would have repealed the Maryland tax exemption for coins and bullion. “We have once again defeated an effort to repeal the tax exemption and have assured that Baltimore will continue to host some of the nation’s premier coin and precious-metal conventions for the foreseeable future,” said Mary Burleson, president of Whitman Coin & Collectibles Expo.

HB903: Sales and Use Tax – Exemption for Precious Metal Bullion and Coins – Repeal was introduced during the 2015 session of the General Assembly. Following the hearing, no further legislative action was taken on HB903, and therefore the bill was defeated.

Whitman Coin & Collectibles Expo engaged The Rasmussen Group, an Annapolis lobbying group who has represented Whitman in the past and assisted in defeating similar legislation in previous years.

At the public hearing before the House Ways and Means Committee, Whitman, along with representatives from the Industry Council for Tangible Assets, detailed to the Committee that the Whitman Coin & Collectibles Expo, held three times a year in the Baltimore Convention Center, attracts thousands of attendees at each show, generating an estimated $4 million in economic impact annually.

The passage of HB903 would have prompted Whitman to seek other venues in a different state to host its shows; this resonated with the membership of the Committee. Whitman’s testimony was bolstered by support from Visit Baltimore as well as Kathy McFadden, executive director of the Industry Council for Tangible Assets, who also provided testimony at the hearing.

Whitman hosts three conventions in Baltimore, one in the winter, one in the spring, and another in the summer. This summer’s Coin & Collectibles Expo will be held July 16–19, 2015. Baltimore’s inner-harbor area offers a wide variety of lodging options with excellent and unique food offerings and is an ideal location for conventions. “Whitman has a developed a strong relationship with Baltimore and its business community and we look forward to the years to come,” said Burleson.

The Henry P. Kendall Foundation and Holecek Family Foundation Collections Lead the Stack’s Bowers Galleries March 2015 Baltimore Auction

Thousands of coins, medals, and banknotes crossed the block during the Official Auction of the Whitman Coin & Collectibles Expo in Baltimore, March 26 and 27. The offering, presented in three catalogs, featured some of the most noteworthy colonial era numismatic items ever offered and one of the most extensive offerings of small-sized, large denomination notes to cross the block. Bidding participation came from all sources, including from the floor, where sometimes there was a standing-room-only crowd. When all was said and done, nearly $18.7 million crossed the auction block, one of the largest Whitman Coin and Collectibles Baltimore Expo auctions to date!

After garnering international press coverage before selling, the Bushnell-Parmelee-Jenks-Green-Kendall Foundation example of the 1792 Birch Cent pattern realized the top bid of the sale at $1,175,000. Another 1792 pattern, the historically important Silver Center cent, graded AU-53 by PCGS, brought nearly a half million dollars at $499,375, the fourth highest realization for the Baltimore sale. “Participation was strong during the Kendall Collection session, with multiple bidders competing for rarities that have been long off the market,” said Lawrence R. Stack. “The wide range of quality colonial and early American issues will long be remembered, and our expertly composed catalog will join the Garrett, Taylor, Roper, Picker, Norweb, and Ford sales as a standard reference to the colonial series.”

U.S. coins from the Q. David Bowers, Highland, Dr. Gutfreund, Desh Family, and other important collections were well received. A lovely 1884-S Morgan dollar, a classic condition rarity, offered in a PCGS MS-63+ holder and bearing the coveted CAC sticker, realized $99,875. A gem 1795 half dime in a green-label MS-65 PCGS holder, also verified by CAC, realized $58,750. A popular 1851 Humbert $50 “slug,” graded AU-50 by NGC and CAC stickered, sold for a robust $55,812.50.

Brian Kendrella, president of Stack’s Bowers, commented: “The market seems to be healthy coming into the spring, and we anticipate that it will continue to strengthen as we enter into the second quarter of 2015.” “Fresh coins, quality examples of rarities, and other important collector coins sold well here,” Brian continued. “This has been the trend, and we will continue to see interest in coins that have been long off the market, especially high quality examples.”

The paper money sessions were anchored by the Peter Mayer Collection and the Holecek Family Foundation Collection, and prices did not disappoint. Top price in the paper money sale was $258,500 for a PMG Choice New-64 EPQ 1934 $5,000 note. Close behind was a 1934 $10,000 note in like grade that sold for a strong $223,250. “The notes in this sale, the largest by lot count we have offered, brought in many serious bidders – whether they bid in person, on the phone, or over the web – and the prices realized reflect this,” said Peter Treglia, director of currency for Stack’s Bowers. “A robust overall market and high quality material led to a successful sale for all parties involved.”

“With the current state of the market for coins and banknotes, we are excited for the next Stack’s Bowers sale, D. Brent Pogue Collection Part I, being held in conjunction with Sotheby’s. Coins are receiving worldwide press coverage with our sale of the Birch Cent from the Kendall Foundation Collection, as well as pre-sale coverage of the Pogue Collection,” said Christine Karstedt, executive vice president.

Stack’s Bowers Galleries is now accepting consignments for our next Baltimore sale, being held in conjunction with the Whitman Coin & Collectibles Expo in July, and for our official auction of the American Numismatic Association’s World’s Fair of Money convention in August. Both sales are exciting venues, and we invite you to contact one of our consignment specialists to discuss your cabinet of rare coins or banknotes.

Additional highlights from the March 2015 Baltimore Auction include:

  • Lot 2307. Undated (1652) NE Sixpence. Noe 1-A, Salmon 1-A. Rarity-7. EF-40 (PCGS). Secure Holder. CAC. From the Henry P. Kendall Foundation Collection. Realized: $411,250.
  • Lot 2314. 1652 Willow Tree Threepence. Noe 1-A, Salmon 1-A. Rarity-8. AU-50 (PCGS). Secure Holder. CAC. From the Henry P. Kendall Foundation Collection. Realized: $587,500.
  • Lot 2583. 1861 Confederate Half Dollar. Original. Breen-8000. Proof-40 (NGC). From the Henry P. Kendall Foundation Collection. Realized: $646,250.
  • Lot 4446. Fr. 2221-E. 1934 $5000 Federal Reserve Note. Richmond. PMG Choice Uncirculated 63. From the Holecek Family Foundation Collection. Realized: $176,250.
  • Lot 4489. Fr. 1890-G*. 1929 $100 Federal Reserve Bank Note Star. Chicago. PMG Gem Uncirculated 65 EPQ. Realized: $58,750.
  • Lot 5055. 1904 Louisiana Purchase Exposition Commemorative Medal. Gold. 57.2 mm. 159.1 grams (5.1157 Troy ounces). By Adolph Alexander Weinman. Baxter-108. Choice Mint State. Realized: $28,200.
  • Lot 6096. 1929 Indian Half Eagle. MS-64 (PCGS). Realized: $49,937.50.
  • Lot 6099. 1877 Liberty Eagle. MS-61 (PCGS). CAC. Realized: $64,625.
  • Lot 6109. 1885-CC Liberty Double Eagle. MS-62 (PCGS). Realized: $61,687.50.
  • Lot 7205. 1889-CC Morgan Silver Dollar. Unc Details–Cleaning (PCGS). From the Donald Gutfreund Collection. Realized: $44,062.50.
  • For a complete list of prices realized, please visit www.stacksbowers.com.

 

About Stack’s Bowers Galleries

Stack’s Bowers Galleries conducts live, Internet and specialized auctions of rare U.S. and world coins and currency and ancient coins, as well as direct sales through retail and wholesale channels. The company’s 80-year legacy includes the cataloging and sale of many of the most valuable United States coin and currency collections to ever cross an auction block — The John J. Ford, Jr. Collection, The Louis E. Eliasberg, Sr. Collection, The Harry W. Bass, Jr. Collection, The Norweb Collection, The Cardinal Collection and The Battle Born Collection — to name just a few. World coin and currency collections include The Louis E. Eliasberg, Sr. Collection of World Gold Coins, The Kroisos Collection, The Alicia and Sidney Belzberg Collection, The Wa She Wong Collection, The Guia Collection, The Thos. H. Law Collection, and The Robert O. Ebert Collection.

Topping off this amazing numismatic history is the inclusion of the world record for the highest price ever realized at auction for a rare coin, the 1794 Flowing Hair Silver Dollar graded Specimen-66 (PCGS) that realized over $10 million, part of their sale of the famed Cardinal Collection. The company is headquartered in Santa Ana, California, with offices in New York, Wolfeboro, Hong Kong, and Paris. Stack’s Bowers Galleries is an Official Auctioneer for several important numismatic conventions, including American Numismatic Association events, the New York International Numismatic Convention, the Professional Numismatists Guild New York Invitational, the Whitman Coin & Collectibles Spring, Summer and Winter Expos, and its April and August Hong Kong Auctions.

Bureau of Engraving and Printing and United States Mint Participating in the Whitman Baltimore Expo

WASHINGTON, DC – The United States Mint (Mint) and the Bureau of Engraving and Printing (BEP) will share booths #1409/1415 at the Whitman Coin and Collectibles Expo March 26 – 29, 2015, at the Baltimore Convention Center in Baltimore, Maryland. 
 
As the Nation’s producers of currency and coins, BEP and the Mint have made history by connecting Americans through coins and currency. The bureaus are highlighting their distinguished histories, product excellence, and dedicated employees.

The BEP is showcasing its Billion Dollar Exhibit, which features more than $1 billion worth of rare antique currency, including sheets of $100,000 currency notes, Treasury Bonds, and Gold and Silver Certificates. Additional BEP exhibits include a multi-note display “Standardization and Change,” a $100 display “The Changing Look of America’s $100 Notes,” and an exhibit featuring the 1896 Educational Series currency notes.

The BEP is also showcasing and offering other unique currency-related products, including uncut sheets of currency ranging in subject size and denomination. For additional information about BEP or to purchase products, please visit our Web site, www.bep.gov. You may also order BEP products by telephone (1-800-456-3408), fax (1-888-891-7585) or mail (Bureau of Engraving & Printing, Mail Order Sales, Room 515M, 14th and C Streets SW, Washington, DC 20228).

The Mint will have these and other products available for sale:

  • New 2015 products including American Eagle Gold and Silver Coins; the Happy Birthday, Congratulations, and Birth Set; America the Beautiful Quarters® Program coin sets, rolls, and bags; and other popular annual sets to include the 2014 Limited Edition Silver Proof Set.
  • Products from the 2015 U.S. Marshals Commemorative Coins and the 2015 March of Dimes Silver Coin which include coins in proof and uncirculated qualities.
  • A display featuring some of its upcoming new products including the 2015 March of Dimes Special Set and the 2015 American Buffalo One Ounce Gold Proof Coin.

These Mint offerings and other products are also available for purchase at http://www.usmint.gov/catalog or by calling 1-800-USA-MINT (872-6468). Hearing- and speech-impaired customers with TTY equipment may order by calling 1-888-321-MINT (6468). For additional information, please visit http://www.usmint.gov.