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The E-Sylum: Volume 24, Number 23, June 6, 2021, Article 15

COLTRANE COLLECTION PART 2 SELECTIONS

Bruce Hagen and Maureen Levine cataloged the Mike Coltrane Collection Part 2 for Heritage, with assistance from Bob Moon and Frank Clark. They submitted this selection of highlights. Thanks! More next week... -Editor

Significant Opportunities in
The Mike Coltrane Collection Part 2 Sale

Heritage Coltrane Part 2 catalog cover Last fall's Mike Coltrane Part 1 sale was enthusiastically received by the numismatic community. A new auction record for a War of 1812 Treasury Note was achieved when the 1815 $3 triple-signature issued note realized $168,000. Hundreds of other notes in all value windows were also won by eager bidders. Currency collectors will not want to miss The Mike Coltrane Collection Part 2, to be sold unreserved by Heritage Auctions on June 24-25, 2021. This event offers outstanding opportunities for bidders to obtain many choice and interesting United States and related currency notes, most of which have been off the market for decades and are offered certified for the first time.

Mike Coltrane's continuing and engaging narrative of American currency issues unfolds within this presentation ranging from Colonial issues to the small size currency we currently use. Two assemblages within this sale are notable: the second and final group of Mike Coltrane's War of 1812 Treasury Notes — the most comprehensive ever assembled and cataloged for sale — and the most extensive selection of large size Federal Reserve Bank Notes to appear in a single auction. Numerous Federal currency rarities from all series are featured alongside hundreds of other large, fractional, and small size type notes in attractive, collector-quality grades. There is something to suit every budget, whether large or small, in this sale.

Some highlights include:

1815 $10 Treasury Note

Act of February 24, 1815 $10 Treasury Note. Hessler X83C, Fr. TN-14b. Triple-Signature Fully Issued. PMG Choice Very Fine 35. – Unique, and cataloged with further historical background research and insights. Perhaps the first Federal currency note issued. Lot 20015.

To read the complete lot description, see:
United States - Act of February 24, 1815 $10 Treasury Note. Hessler X83C, Fr. TN-14b. Triple-Signature Fully Issued. PMG Choi... (https://currency.ha.com/itm/large-size/war-of-1812/united-states-act-of-february-24-1815-10-treasury-note-hessler-x83c-fr-tn-14b-triple-signature-fully-issued-pmg-choi/a/3583-20015.s?ic=Home-FeaturedItems-071515)

1863 Legal Tender $50

Fr. 150 $50 1863 Legal Tender PMG Very Fine 20. – Extremely rare and one of a dozen known. The only mid-grade range note in collector's hands. Lot 20075.

To read the complete lot description, see:
Fr. 150 $50 1863 Legal Tender PMG Very Fine 20.. ... (https://currency.ha.com/itm/large-size/legal-tender-notes/fr-150-50-1863-legal-tender-pmg-very-fine-20/a/3583-20075.s)

1864 Three-Year 6% Compound Interest Treasury Note $100

Fr. 193b $100 Act of June 30, 1864 Three-Year 6% Compound Interest Treasury Note. Hessler X140D. PMG Very Fine 20. – One of a dozen known and without auction records over the past half century. Lot 20084.

To read the complete lot description, see:
Fr. 193b $100 Act of June 30, 1864 Three-Year 6% Compound Interest Treasury Note. Hessler X140D. PMG Very Fine 20. (https://currency.ha.com/itm/large-size/compound-interest-treasury-notes/fr-193b-100-act-of-june-30-1864-three-year-6-compound-interest-treasury-note-hessler-x140d-pmg-very-fine-20/a/3583-20084.s)

1861 Two-Year 6% Interest Bearing Note $50

Fr. 202as $50 Act of March 2, 1861 Two-Year 6% Interest Bearing Note Hessler X126F (old 945b). Specimen. PMG Choice About Uncirculated 58. – This important specimen note rarity originated in the Vattemare Albums and was later part of the O'Neal and Anderson Collections. Lot 20086.

To read the complete lot description, see:
Fr. 202as $50 Act of March 2, 1861 Two-Year 6% Interest Bearing Note Hessler X126F (old 945b). Specimen. PMG Choice About Unc... (https://currency.ha.com/itm/large-size/interest-bearing-notes/fr-202as-50-act-of-march-2-1861-two-year-6-interest-bearing-note-hessler-x126f-old-945b-specimen-pmg-choice-about-uncirc/a/3583-20086.s)

First National Gold Bank of Petaluma $20

Petaluma, CA - $20 1875 Fr. 1157 The First National Gold Bank of Petaluma Ch. # 2193 PMG Choice Extremely Fine 45. – Not only the finest of the two known, but also the finest known of the design type. Lot 20190.

To read the complete lot description, see:
Petaluma, CA - $20 1875 Fr. 1157 The First National Gold Bank of Petaluma Ch. # 2193 PMG Choice Extreme... (https://currency.ha.com/itm/national-bank-notes/california/petaluma-ca-20-1875-fr-1157-the-first-national-gold-bank-of-petaluma-ch-2193-pmg-choice-extreme/a/3583-20190.s)

All lots are currently on Heritage Auctions preview at HA.com/3583. The sale will be held in Dallas with Session 1 (floor) on June 24 and Session 2 (HERITAGELive, Internet, Fax, and Mail only) on June 25. Lot viewing will be available by appointment only at Heritage's Office in Dallas (June 21-25, 2021); contact Jose Berumen at JBerumen@ha.com or 214-409-1299.

Lugdunum Auction 21 cover



Wayne Homren, Editor

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