Stack's Bowers Galleries

August 2021 US CCO Auction  –  31 August 2021

Stack's Bowers Galleries, August 2021 US CCO Auction

US Coins and Currency

Part 1: Tu, 31.08.2021, from 6:00 PM CEST
Part 2: Tu, 31.08.2021, from 8:00 PM CEST
The auction is closed.

Description

Fr. 1860-K*. 1929 $10 Federal Reserve Bank Star Note. Dallas. PMG Very Fine 20.

A historically important small-size offering as this replacement is just one of just four known for the Friedberg number according to Track and Price's census. Replacement notes have always been sought after by small size collectors, especially so from the Dallas district. According to the " Standard Guide to U.S. Small Size Paper Money " by John Schwarz and Scott Lindquist, Dallas is tied with just one other district (Chicago) as being the lowest issuer of replacement notes for the 1929 $10 FRBN series. Dallas issued just 12,000 replacements, and as of 2021 four are reported to have surfaced for the collecting community. This example offers dark brown overprints while the primary design displays still attractive black ink. The design of the Treasury Building on the reverse still faces up well in forest green ink. Mostly even wear and circulation are noticed. The last time we have offered a $10 Dallas Star was in our November 2017 Baltimore auction, and that example realized a staggering $14,400. PMG Pop 1/1 Finer.

The Gary Burhop Collection of 1929 Federal Reserve Bank Notes.

Estimate: USD 10000 - 15000

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Bidding

Price realized 6'500 USD
Starting price 6'000 USD
The auction is closed.
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