COLTRANE ESTATE NORTH CAROLINA NATIONALS

A comprehensive and important offering of North Carolina National Banknotes, from early First Charters to 1929 Small Size, will be featured October 30, 2022, in an unreserved online Showcase auction by Heritage Auctions. These Nationals were collected by the late Mike Coltrane for decades and include several examples accumulated by his banker father. Many elite types, locations, serial number 1 notes, and varieties from this popularly collected genre are represented. They mirror the post-Civil War banking history from Mike's native state. He retained this collection and continued to augment it after auctioning his Federal type notes, War of 1812 examples, and other North Carolina currency in 2020 and 2021. Noteworthy from the collection are eight Original Series and eight 1875 notes—the earliest National types from the state—most of which are in superior condition. There are also plenty of rare and attractive 1882 Brown, Date, and Value Backs, as well as Red Seals, and Small Size rarities to appeal to a wide range of collectors. Some of those notes, from the Coltranes' hometown of Concord, North Carolina, are offered in this sale. Many pieces are new to the census and being auctioned for the first time. Proceeds from this currency Showcase sale and upcoming U.S. Coins Signature auction will be donated to charity, through the Foundation for the Carolinas, to assist individuals in need as well as for community betterment. We hope you will take the time to peruse this important offering exemplifying North Carolina's rich banking history.

Some highlights are listed below:

 

Charlotte, NC - $2 1875 Fr. 390 The Traders National Bank Ch. # 2314 PMG Choice Fine 15. Lot 96034.

This epic early note from North Carolina is one nine Lazy Deuces recorded from the entire state. It is also one of only three notes known from the bank.

To read the complete lot description, see:
Charlotte, NC - $2 1875 Fr. 390 The Traders National Bank Ch. # 2314 PMG Choice Fine 15.. ... (https://currency.ha.com/itm/national-bank-notes/charlotte-nc-2-1875-fr-390-the-traders-national-bank-ch-2314-pmg-choice-fine-15/a/62264-96034.s)

 

High Point, NC - $5 1882 Brown Back Fr. 469 The National Bank of High Point Ch. # 3490 PMG Extremely Fine 40. Lot 96131.

A rare and beautiful quality 1882 Brown Back $5 with the interesting serial number of 1000.

To read the complete lot description, see:
High Point, NC - $5 1882 Brown Back Fr. 469 The National Bank of High Point Ch. # 3490 PMG Extremely Fine 40.. ... (https://currency.ha.com/itm/national-bank-notes/high-point-nc-5-1882-brown-back-fr-469-the-national-bank-of-high-point-ch-3490-pmg-extremely-fine-40/a/62264-96131.s)

 

Monroe, NC - $10 1902 Red Seal Fr. 615 The First National Bank Ch. # (S)8712 PMG Choice Fine 15. Lot 96169.

All North Carolina 1902 Red Seals are uncommon, but this is a significant rarity. It is one of two recorded and was last sold in 1989. The other example known auctioned for $46,000 in 2007.

To read the complete lot description, see:
Monroe, NC - $10 1902 Red Seal Fr. 615 The First National Bank Ch. # (S)8712 PMG Choice Fine 15.. ... (https://currency.ha.com/itm/national-bank-notes/monroe-nc-10-1902-red-seal-fr-615-the-first-national-bank-ch-s-8712-pmg-choice-fine-15/a/62264-96169.s)

 

Raleigh, NC - $10 Original Fr. 413 The State National Bank Ch. # 1682 PMG Very Fine 20. Lot 96192.

This note is one of a kind, making it an extremely important early North Carolina National. It is also a unique Friedberg number type and essential for a comprehensive set of Large Size currency types.

To read the complete lot description, see:
Raleigh, NC - $10 Original Fr. 413 The State National Bank Ch. # 1682 PMG Very Fine 20.. ... (https://currency.ha.com/itm/national-bank-notes/raleigh-nc-10-original-fr-413-the-state-national-bank-ch-1682-pmg-very-fine-20/a/62264-96192.s)

 

Serial Number 1 - Rocky Mount, NC - $20 1929 Ty. 1 The Planters National Bank Ch. # 10608 PMG Gem Uncirculated 65 EPQ. Lot 96203.

All notes from this short-lived title are rare, but this serial number 1 is a Gem and one of the most desirable Small Size notes from the state.

To read the complete lot description, see:
Serial Number 1 Rocky Mount, NC - $20 1929 Ty. 1 The Planters National Bank Ch. # 10608 PMG Gem Uncirculated 65 EPQ. (https://currency.ha.com/itm/national-bank-notes/serial-number-1-rocky-mount-nc-20-1929-ty-1-the-planters-national-bank-ch-10608-pmg-gem-uncirculated-65-epq/a/62264-96203.s)

This important collection, featuring 259 lots, will be auctioned online on Sunday, October 30, 2022, commencing at 6:00 PM Central Time (7:00 P.M. Eastern). For further sale information contact Susan Bremer at SusanB@HA.com. Lot viewing is available by appointment at Heritage's Office in Dallas. There will also be special viewing of all lots at the Tampa Paper Money Expo from October 20 to 22, 2022. Contact Jose Berumen at JBerumen@ha.com or 214- 409-1299. All lots are currently on view and open for bidding now at ha.com/62264.

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