Heritage Currency Auctions of America to be a major event in Long Beach

DALLAS, TEXAS: Heritage Currency Auctions of America's Long Beach California auction promises to be one of the major currency events of 2005, with the event containing numerous rarities in virtually every field, including Colonial Currency, Confederate and Obsolete Currency, Military Payment Certificates, Fractional Currency, Large and Small Type Notes, and National Bank Notes.

The Heritage CAA auction is the official currency auction of the Long Beach Coin & Stamp Expo, and will take place on Thursday afternoon and evening and Friday afternoon and evening September 22-23, 2005 at the Long Beach Convention Center, 100 South Pine Ave., Long Beach, California. The Convention Center is also the site of the Long Beach Coin & Stamp Show, as well as the location for lot viewing for the Heritage CAA auction as well as other Heritage auctions. For a preview of the auction, please visit HeritageCurrency.com.

The more than 4000 lot auction features The Paul Angenend Collection of Confederate Currency, selections from the Confederate and Obsolete holdings of Arlie Slabaugh, the Gilbert I. Stuart collection of Confederate and Obsolete notes, a specialized collection of Mississippi Obsolete Notes, the Midwest Collection of Fractional Currency, the Mark Mraz Collection of High Denomination Small Size Notes, the Thomas Wolfe Collection, the High Desert Collection of California National Bank Notes, a major collection of Illinois National Bank Notes, and is anchored by the New England Changeover Collection, which offers a vast selection of rarities in many fields including the finest collection of large and small changeover pairs ever sold, as well as other important properties from over 150 individual consignors.

The Thursday afternoon session opens with over 100 lots of Colonial and Continental Currency, including several rare uncut sheets and then moves on to Fractional Currency, where over 400 lots, many certified by PMG, will be offered as part of the Midwest Collection. Highlights include a Fr. 1351, one of only about a dozen known, and a Fr. 1359 which the cataloguer describes as "possibly the finest known of this rare number." While only a few lots, the MPC section offers several seldom seen items, the highlight being a newly discovered Series 541 Replacement Note, which is one of just two known.

The Confederate and Obsolete offerings rank among the finest CAA has ever assembled, with the Angenend collection replete with high grade specimens which have been off the market for almost two decades. It is augmented by notes from the Arlie Slabaugh collection as well as the Gilbert I. Stuart collection, a vast array of both Confederate and Obsolete material salted away by the consignor's grandfather from the 1930's through the 1950s, with virtually ever item new to the numismatic marketplace.

The auction continues with perhaps the finest offering of Small Size Type Notes that CAA has ever presented at one time. Numerous rarities will cross the block, including a pair of 1928 $1 Legal stars, a trio of 1934 North Africa tens, a huge selection of low and fancy number notes including several serial number 1 examples, the finest collection of changeover pairs ever auctioned, a pair of high grade $1000 Gold Certificates, an Uncirculated $10,000 note from the Binion hoard, and over 100 1928 and 1934 series $500 and $1000 notes, including a bevy of star examples from the Mark Mraz collection.

The Large Size Type Notes comprise over 1000 lots, highlighted by several Federal Proofs and a run of rarities from the New England Changeover Collection, including an 1875 $100 Legal, a lovely 1880 $100 Silver Certificate, a pair of unique serial number 1 Type Notes, and a multitude of low and fancy number examples, including a 99999999 to 100000000 changeover pair.

Friday night is devoted to National Bank Notes with over 1400 lots scheduled to go under the hammer, anchored by major collections from California, Illinois, Iowa, and Nebraska. Collectors will be delighted by the opportunity to obtain Proof examples of the ultra-rare First Charter $500 and the unknown $1000 National Bank Notes. Worthy of special mention is the first offering of a unique large note from the Farmers & Merchants NB of Livermore, California consigned from an estate purchased in northern California by Jim Beer of the Coin Broker in Palo Alto and a Mississippi $5 Brown Back from the formerly unreported community of Port Gibson. Also worthy of note is a group consigned from a recently unearthed Midwest cash hoard consisting of large Nationals from all over the country, with notes as diverse as Morrillton, Arkansas, Ismay, Montana, and Enosburg Falls, Vermont.

Catalogues for this auction are available for $30. To purchase a catalogue, please contact Nicole Jewell at (800) US COINS (872-6467), ext. 272, 3500 Maple Ave., 17th Floor, Dallas, TX 75219. All of the lots in the auction are illustrated in full color on the Heritage web site, which may be found at HeritageCurrency.com. In addition to images and descriptions for this sale, prices realized from past Heritage-CAA auctions are available in the Permanent Auction Archives at the same web site.

For further information about this auction, or about consigning to future Heritage-CAA auctions, the next of which will take place at the Florida United Numismatists show in Orlando in January of 2006, please contact Allen Mincho at (800) 872-6467, ext. 327, or Len Glazer at (800) 872-6467, ext. 390.