Stu Levine, Bruce Hagen, and Maureen Levine submitted this preview of additional U.S. paper money lots in the upcoming Heritage sale of the Mike Coltrane Collection, Part 1. Thanks!
The Mike Coltrane Collection Part 1
U. S. Currency Preview
In the past few issues we previewed many of the great rarities in The Mike Coltrane Collection
Part 1. It's a fascinating grouping, with notes spanning virtually all genres of U.S. currency:
Colonial notes, Continental Currency, War of 1812 Treasury Notes (the first portion of the finest
collection ever assembled) as well as Federal large and small size issues. Many of these pieces
have been off the market for decades and are all offered completely unreserved. An eclectic
sampling is below:
Continental Currency February 17, 1776 $3 Fr. CC-25 PMG Choice Uncirculated 64 EPQ
This top-grade Continental shows Benjamin Franklin's emblem of the eagle and heron fighting
on the face and an excellently detailed Franklin nature print back. Lot 25012.
United States - Act of July 21, 1841 $50,000 "United States Loan of 1841" Registered Bond.
Hessler X104I. Proof. PMG Choice Uncirculated 63
One of the highest-denomination Federal bond proofs we have seen. It was the equivalent of
5,000 gold eagles—an immense sum. Ex: Vattemare Collection and unique. Lot 25036.
Fr. 64 $5 1869 Legal Tender PMG Choice Uncirculated 64 EPQ
Mike bought his 1869 $5 “Rainbow” legal tender note in 1984; off the market for decades, it is
certified for the first time. Lot 25075.
Paris, IL - $20 1875 Fr. 431 The First National Bank Ch. # 1555 PMG Choice Uncirculated
One of the most beautiful National Bank note types. Strongly printed on both sides, especially
the intense green back with the Baptism of Pocahontas. Lot 25189 .
Fr. 1186 $20 1906 Gold Certificate PMG Gem Uncirculated 65 EPQ
Mike enjoys gold notes with dazzling orange backs. He bought this in 1989 from the very
discerning Frank Nowak. Lot 25258.
We hope you will take the time to peruse this important offering. All lots are currently on view at
HA.com/3575. Session 1 (floor) of Mike's important collection, featuring 282 lots, will take
place on Wednesday, November 4, 2020, at 5:00 PM Central Time in Dallas. The Heritage Live
(online only) Session 2, with an additional 202 Federal currency lots, will commence at 10:00
AM Central Time on Thursday, November 5, 2020. Lot viewing is available by appointment
only at Heritage's Office in Dallas; contact Jose Berumen at JBerumen@ha.com or 214-409-
To read the earlier E-Sylum articles, see:
COLTRANE COLLECTION SELECTIONS PART 1
COLTRANE COLLECTION SELECTIONS: BACK DESIGNS
COLTRANE WAR OF 1812 TREASURY NOTES
Wayne Homren, Editor
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