ATTENTION! Brand New Weekly Auction with Shanny! The MASSIVE Key Date Coin Special!
What is The Key Date Coin Special?
Well, when you ask, we will always listen. We have been getting a lot of complaints from people that with our most recent updates to our weekly high end coin auction with Corey, there’s too many high value coins there and not enough things for people to actually bid on, get a bargain they can afford, and come away with the same feeling and thrill that they used to have at our auction. So, we listened and we did a complete 180. We launched The Key Date Coin Special. An additional auction, 2 more nights a week, at the same 7:30pm start time, with all of the types of coins you wanted.
A complete new catalog of lots from us, each week! Every Single Friday and Saturday! This auction will run Friday, 10/11 - Saturday, 10/12 with Shanny at 7:30pm. But don’t worry! We will still be running every Sunday and Monday with Corey!
Get ready for this, this is the best part! This catalog will be ONLINE every TUESDAY or WEDNESDAY for prebidding. You will get 2-3 days to prebid with $1 starts on every single lot. No reserves.
Yes, EVERY SINGLE LOT.
Gold? $1 Start, No Reserve
Morgan Dollar Rolls? $1 Start, No Reserve
Rare Currency? $1 Start, No Reserve
We are very excited to kick this off and can’t wait to see you at the auction!
Please Note, this auction needs to be paid within 72 hours of Invoicing. We accept credit card or wire on invoices below $5000 and only check or wire on invoices $5000+
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LOT 8658:
1929 $5 National Currency The Federal Reserve Bank OF Cleveland, OH Grades Select AU. Series of 1929 national bank ...
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Sold for: $80
Start price:
$
5
Estimated price :
$82 - $164
Buyer's Premium: 18%
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1929 $5 National Currency The Federal Reserve Bank OF Cleveland, OH Grades Select AU. Series of 1929 national bank notes come in two varieties. Collectors call these type 1 and type 2 varieties. Type 1 1929 $5 national bank notes have a serial number that ends with the letter A. Type 2 1929 $5 national bank notes have a serial number that ends with a number. The charter number is also printed in brown ink twice on type 2 1929 $5 bills. Backed by bonds deposited with the Federal Government, this kind of money says “National Currency” at the top center of the note. These notes were issued by banks who received a Charter from the United States government allowing them to issue money. The Government Printing Office printed these notes with the same design except for the name of the banks, signatures of the bank officers and the Charter number. National Currency notes were made from 1863 to 1929. These notes were a way of creating confidence in an always shaky banking system. Member banks were required to deposit bonds with the government. The bank could then issue currency equal to 90% of the amount of the bonds. The financial panic of 1929 destroyed many of the National Banks and put an end to this system.There were more than 14,000 banks that issued National Currency and there are large numbers of avid collectors. The 1929 issue was the only “small size” issue, that is to distinguish from the “horse blanket” size notes of years previous to 1929.
