By Bank Note Reporter

Bowers and Merena Auctions‘ June 4-7 auction at the Baltimore Coin and Currency Convention includes more than 500 lots of U.S. paper money, featured among them a high-grade “Porthole” $5 Silver Certificate star note and a serial No. 1 $10 “Bison” Legal Tender Note.

The No. 1 Bison note is Friedberg 114, the first of the nine Friedberg varieties of the type. PCGS Currency graded it Very Fine-30 PPQ.

Sale catalogers wrote that “this example is absolutely free of any problems and its light circulation actually gives the note a bit more character behind its historical significance. The colors are bright, the paper is fully original and the eye appeal is extremely pleasing. Because the top and bottom margins are incredibly uneven but remain full, we feel this note might have been hand cut and presented possibly to dignitaries.” B&M has assigned a pre-sale estimate of $75,000-$125,000.

The “Porthole” Series 1923 $5 Silver Certificate star note, Fr. 282, is graded PCGS Currency Superb Gem New-67 PPQ. “With huge boardwalk margins, superb inks and paper quality and enough embossing to please even the pickiest of collectors, we actually question whether or not this note would qualify for a slightly higher grade,” catalogers wrote, estimating it to bring $30,000-$50,000.

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