Stu Levine, Bruce Hagen, and Maureen Levine submitted this preview of paper money lots in the upcoming Heritage sale of the Mike Coltrane Collection
Intricate Federal Back Designs Abound in
The Mike Coltrane Collection Part 1 Sale
Currency collectors will find many fascinating notes in The Mike Coltrane Collection Part 1,
to be sold unreserved by Heritage Auctions on November 4–5, 2020. Many of these United
States currency notes, most of which have been off the market for decades and offered
certified for the first time, have interesting and often overlooked features.
The Federal currency faces often spawn commonly used nicknames such as “Chiefs” and
“Bisons.” Back design intricacies merit appreciation and study; some have nicknames such
as “Poker Chip” and “Diamond Back.” The famous “Grand Watermelon” derives its nickname
from its distinctively engraved “0” elements on the back. The Mike Coltrane Collection is
laden with notes with well-engraved backs that are richly engraved, colorful, and historical.
Fr. 197 $ $20 Act of March 3, 1863 One-Year 5% Interest Bearing Note Hessler X137B.
PMG Choice Very Fine 35
An early “Diamond Back” motif dominates the center of this back. Later, the well-known
horizontal diamond structure appeared on 1886 $20 Silver Certificates. Lot 25109.
Fr. 341 $100 1880 Silver Certificate PMG Very Fine 30
This high denomination Silver Certificate back is printed in a distinctive brownish ink and
featuring a linear “SILVER” across. Lot 25159.
Danville, IL - $50 1875 Fr. 451 The Second National Bank Ch. # 2584 PMG Very Fine 30
The First Charter National Bank Notes arguably have the greatest backs used on American
currency. The art was adapted from historical painting from the United States Capitol
building. The Embarkation of the Pilgrims is based on Robert Weir's painting. Lot 25191.
San Francisco, CA - $5 1870 Original Fr. 1136 The First National Gold Bank of San
Francisco Ch. # 1741 PMG Choice Very Fine 35
National Gold Bank Notes were printed on distinctive golden paper . The back of this “In
Gold Coin” payable series featured a uniquely styled array of various United State gold coins
(with an 1871 obverse on an 1870 dated note) engraved and printed with a "trompe l'oeil"
effect. Lot 25244.
Fr. 1219e $1000 1907 Gold Certificate PMG Very Fine 30
Gold Certificates have eye-catching and often intensely orange back like this. Virtually all
“Gold Notes” have these colorful backs and most are quite affordable. Lot 25273.
All lots are currently on Heritage Auctions preview at
HA.com/3575. The sale will be held in
Dallas with Session 1 (floor) on November 4 and Session 2 (online only) on November 5. Lot
viewing will be available by appointment only at Heritage's Office in Dallas (October 26-
November 4); contact Jose Berumen at
JBerumen@ha.com or 214-409-1299.
To read the earlier E-Sylum article, see:
COLTRANE COLLECTION SELECTIONS PART 1
Wayne Homren, Editor
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