Collectors and numismatists all over the world are going online to get involved in Heritage Auction Galleries' Memphis Signature Currency Auction, which begins today. (You can see an in-depth video about the sale, here.)
Among the sale's star lots is the Piedmont Collection of North Carolina National Bank Notes - one of the finest collections of North Carolina national banknotes ever assembled.
The exceptional assortment comprises a total of 107 large-size - and one small size - note, in addition to unique notes, serial number one examples, type notes and high-grade rarities.
Many of the collection's highlights are from the First National Bank of Asheboro - focusing almost primarily on large-size notes from this 'very scarce state.'
The bank first opened its doors in Randolph County in 1907. Rare notes from the bank going under the hammer will include this $10 1902 Plain Back Fr. 626 (pictured below).
 The Piedmont Collection includes many scarce large-size notes from the First National Bank of Asheboro |
According to Heritage, this is only the fourth large size note from the Bank of Asheboro to make an auction appearance and the first in nearly half a decade - and also one of the finest known.
Graded as "Very Fine 25", the note boast attractive and problem free paper adorned with deep and dark signatures. It will auction with a black and white postcard of the Bank in its PMG holder.
Also appearing is one of just three known $50 Plan Back notes from North Carolina - a sold, mild grade example with full stamped signatures.
Described as "very fine", Heritage most recently sold a PCGS Choice New 63 $50 Plain Back in January, 2009. It realised a staggering $30,000 - definitely making this example one to watch.
Incredibly, the entire Piedmont Collection is being offered as a single lot including, among other things, a number of extremely rare postcards and other ephemera.
The collection is being auctioned with a reserve amount of $1.8m (that's $2.07m including Buyer's Premium). At the time of writing, bidding closes in one day and 18 hours...
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