Manhattan, New York – Spink Smythe (http://www.Smytheonline.com) to offer Part 14 of the Schingoethe obsolete currency collection April 9th, 2008. The auction will contain 1037 lots of obsolete notes.

When it came to coins and paper money Herb Schingoethe collected almost everything, but it was obsolete currency that his wife Martha liked to collect most of all. She fell in love with the incredible diversity of issuers, and with the artistic quality of the vignettes on the notes. She enjoyed meeting and dealing with the people who bought and and sold obsolete currency. Martha had the skills and the energy required to organize and maintain everything they acquired. Her husband Herb had the passion to collect on a grand scale. Together they created what is now known as the Schingoethe collection.

On April 9th, 2008 Spink Smythe will be offering part 14, as this incredible collection continuing the tradition of exceptional rarities and choice notes from many diverse series. This sale feature the final section of Illinois notes from Herb’s core Illinois collection that were treasured by Herb and Martha. The sale also includes many western rarities including some exceptionally rare Utah notes. This sale also contains notes from the North, South and Midwest, including many pieces from Connecticut, Maryland, Michigan, Missouri, New Jersey, New York, Ohio and Tennessee. Many well vignetted and choice proof notes that Herb and Martha prized are also featured. (more…)

The R. M. Smythe & Company spring paper money auction on March 20th 2008 will offer 890 lots of paper money at their Manhattan office. One of the more interesting lots of world banknotes will be the specimens of Siam banknotes, in particular the 20, 80, and 100 Tical denominations, are believed to be the only examples know to exist. They once resided in a Paris museum, were purchased by a dealer 15 years ago for $90,000, and recently were owned by the President of the Thailand Numismatic Association.

The spring sale will also include a wide selection of U.S. and World Notes, including; U.S. Large & Small size, 50’s and 100’s FRN’s Small Size Collection, U.S. Small Size Errors, U.S. Fractional Currency, National Banknotes, Colonial Currency, Historic Documents, Confederate Currency and Bonds, Obsolete Currency, Obsolete Sheets and miscellaneous historical items. Some of the more noteworthy lots include: (more…)

London, England - Spink, the world’s leading auctioneers of Coins, Stamps, Medals and Banknotes, Bonds and Share Certificates, based in London and established 1666, has acquired R.M. Smythe & Company, specialists in Antique Stocks and Bonds, Banknotes, Coins, and Autographs, based in New York City and established in 1880. Both Spink and Smythe are known around the globe for their illustrious histories, impeccable reputations and unparalleled expertise. The merging of these two companies is the next logical step in line with Spink’s strategy for the future and will create the first truly global, fully integrated, collectables house.

Spink is pleased to announce that John Herzog, owner of R.M. Smythe & Company since 1967, has become a shareholder in Spink. Mr. Herzog will act as Chairman Emeritus of Spink USA and will participate in the development of the combined entity which is valued in excess of $100 million by this deal.

Mr. Herzog stated, “I could not think of a better company to acquire Smythe. My wife, Diana, and I have been at Smythe’s helm for 40 years, and have tremendously enjoyed building the business and working with clients and collectors. I look ahead with great excitement to the opportunities presented by this joining of forces.”

Since their founding in 1880, R.M.. Smythe and Company has developed into one of the world’s premier auction houses, specializing in Antique Stocks and Bonds, Banknotes, Coins, Autographs and Photographs. In 2007 Smythe hosted six major auctions setting record prices for historical autographs, currency, coins, stocks, bonds and antiques. (more…)