The landmark sale of the Joel R. Anderson Collection
Part I on March 22, 2018, saw a number of previous price records fall as
several lots achieved never before seen price realizations. In all, the 64 lots
offered in Stack’s Bowers Galleries’ sale of the Joel R. Anderson Collection
Part I realized $7,912,140, with an incredible seven lots surpassing the
$500,000 mark.
A packed auction room witnessed an incredible Fr.183c
1863 $500 Legal Tender Note graded Very Choice New 64 PPQ sell for the
impressive sum of $900,000. That realization smashed the previous $621,000
record price paid for the note when it sold last in 2005.
The finest known Fr.185m 1880 $500 Legal Tender Note,
PCGS Currency graded About New 50, blew past estimates to sell for a record
$504,000. The note last crossed the block for $281,750 in 2005.
One of the auction’s top grossing lots was the only
privately held Fr.187b 1880 $1000 Legal Tender Note. The PCGS Currency graded
Choice About New 55 example set a record, selling for $960,000 after spirited
bidding. The previous record for the note was $862,500 when it was last sold in
2008.
Also approaching the
million dollar mark was the Fr.186d 1863 $1000 Legal Tender Note graded Choice
About New 58 which sold for $960,000.
So-called “Middle of the Book” notes did extremely
well, with the unique Fr.207 1861 $50 Interest Bearing Note, graded Very Fine
25 by PCGS Currency, realizing an astounding $576,000. The previous price
record for the note was set in 2005 when it was sold for $172,500.
The only publicly available Fr.209a 1861 $500 Interest
Bearing Note brought a record $660,000 when it crossed the auction block as
part of the Anderson Collection. The PCGS Currency Very Fine 25 graded note had
last sold in 2005 for $299,000.
Lastly, the Fr.1218g 1882 $1000 Gold Certificate
graded Extremely Fine 40 by PCGS Currency, sold for $576,000. This note is the
finest of two in private hands and had last sold for $264,500 in 2005.
Part II of the Joel R. Anderson Collection will be
offered this August as part of Stack’s Bowers Galleries’ Official Currency
Auction of the ANA World’s Fair of Money in Philadelphia, Pennsylvania.
For more information on the Joel R. Anderson
Collection or about Stack’s Bowers Galleries please contact Stack’s Bowers
Galleries President Christine Karstedt at 800-458-4646 or at ckarstedt@stacksbowers.com.
