MORE COLTRANE COLLECTION PART 2 SELECTIONS

Mike Coltrane enjoyed the interesting challenges presented by large size Federal Reserve Bank Notes. Just as when he began pursuing them decades ago, there are discoveries to be made and rarities to be found. Of the 138 examples cataloged in The Mike Coltrane Collection Part 2 sale, many are from rare districts, are finest known notes, or unpublished variants. They will be sold unreserved by Heritage Auctions on June 24-25, 2021.

Federal Reserve Bank Notes (abbreviated FRBN) and Federal Reserve Notes (FRN) were authorized under the same 1913 enactments. The FRBNs were intended as temporary currency to supersede National Bank Notes during the transition to nationwide usage of FRNs, but there was little demand for the first 1915 series. However, notes from the 1918 series filled in for the Silver Certificates during World War I (the backing silver had been sold to Great Britain). Since the vast majority of Silver Certificates printed (such as the Black Eagles and other 1899 series notes) were $1, $2, and $5 denominations, so were the FRBNs. Presidential portraits were featured on the faces, and the green backs were printed with intricate designs. The $1 and $2 Series of 1918 notes were issued for each of the 12 Federal Reserve Bank districts. All notes have four signatures: a pair of U.S. Federal signatures and a pair of local Federal Reserve Bank officials, generally creating signature combinations within the banks. As a rule, Federal Reserve Bank Notes are much scarcer than Federal Reserve Notes.

Collectors will find an extensive selection whether seeking a popular $2 Battleship type note, a rare $20 denomination (only five of the 12 districts emitted them), or a very rare variety.

Some highlights include:

Fr. 757 $2 1918 Federal Reserve Bank Note PMG Choice Uncirculated 64 EPQ. - One of the extremely sought-after $2 Battleship notes, this is a nearly Gem three-digit serial numbered example. Lot 20156.

To read the complete lot description, see:
Fr. 757 $2 1918 Federal Reserve Bank Note PMG Choice Uncirculated 64 EPQ.. ... (https://currency.ha.com/itm/federal-reserve-bank-notes/fr-757-2-1918-federal-reserve-bank-note-pmg-choice-uncirculated-64-epq/a/3583-20156.s)

Fr. 809a $5 1918 Federal Reserve Bank Note PMG Very Fine 30. – All $5 FRBNs are scarce. This San Francisco example has an unusual face plate compared with other denominations and $5 notes from other districts. Lot 20169.

To read the complete lot description, see:
Fr. 809a $5 1918 Federal Reserve Bank Note PMG Very Fine 30.. .. (https://currency.ha.com/itm/federal-reserve-bank-notes/fr-809a-5-1918-federal-reserve-bank-note-pmg-very-fine-30/a/3583-20169.s)

Fr. 818 $10 1915 Federal Reserve Bank Note PMG Choice About Uncirculated 58 EPQ. – With great rarity and the finest known example. Only five are in collector’s hands, and this note was last publicly sold in 1991. Lot 20174.

To read the complete lot description, see:
Fr. 818 $10 1915 Federal Reserve Bank Note PMG Choice About Unc 58 EPQ.. ... (https://currency.ha.com/itm/federal-reserve-bank-notes/fr-818-10-1915-federal-reserve-bank-note-pmg-choice-about-unc-58-epq/a/3583-20174.s)

Fr. 830 $20 1915 Federal Reserve Bank Note PMG Very Fine 20. – All $20 FRBNs are rare, but this Fr. 830 Dallas district is one of the keys in the entire series and one of four known. Lot 20183.

To read the complete lot description, see:
Fr. 830 $20 1915 Federal Reserve Bank Note PMG Very Fine 20.. ... (https://currency.ha.com/itm/federal-reserve-bank-notes/fr-830-20-1915-federal-reserve-bank-note-pmg-very-fine-20/a/3583-20183.s)

Fr. 831 $50 1918 Federal Reserve Bank Note PMG Choice Extremely Fine 45.

– $50 FRBNs were issued only from St. Louis making this a significant single-Friedberg number type and essential for large size type sets. Lot 20184.

To read the complete lot description, see:
Fr. 831 $50 1918 Federal Reserve Bank Note PMG Choice Extremely Fine 45.. ... (https://currency.ha.com/itm/federal-reserve-bank-notes/fr-831-50-1918-federal-reserve-bank-note-pmg-choice-extremely-fine-45/a/3583-20184.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.

To read the earlier E-Sylum article, see:
COLTRANE COLLECTION PART 2 SELECTIONS (https://www.coinbooks.org/v24/esylum_v24n23a15.html)

	NBS (coinbooks.org) Web