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The E-Sylum:  Volume 9, Number 46, November 12, 2006, Article 12

ABNCO PRINTING PLATE SALE PROFILED IN BALTIMORE SUN

A November 8 article in the Baltimore Sun interviews Tony Terranova
and other top dealers about the recent Stack's sale of American Bank
Note Co. printing plates:

"Tony Terranova, a professional coin collector from New York City,
will have a chance to diversify his collection when more than 100
hand-engraved steel plates go on the auction block today.

The plates belonged to the American Bank Note Co. and were used to
print stock certificates, bank notes and engravings of presidents.
Private and professional collectors began gathering at the Pier 5
Hotel at the Inner Harbor yesterday for the two-day auction."

"Usually, coins are Terranova's primary interest, but he is after
the plates this time. "They're very beautiful," he said. "It's a
beautiful example of crafting art." The pricier plates are expected
to sell for $6,000 apiece, said Bruce Hagan, an American currency
specialist who works for Stack's Rarities LLC, the company running
the auction."

"Christine Karstedt, president of Stack's, said the plates have
become popular auction items. Many of the plates, including one from
Valley Bank of Maryland, in Hagerstown, hold a great deal of regional
significance, which draws collectors of all backgrounds, she said."

"I like allegorical visages of Miss Liberty," Terranova said.
"America personifies Miss Liberty as a woman. And that's what I
like. But there is a whole section of people that want those currency
plates. ... It's a ground-floor opportunity. They're going to be
selling these things for the next five, six years.""

To read the complete article, see: Full Story

  Wayne Homren, Editor

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