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Category: Banknotes

Heritage’s September Long Beach Currency Signature Auction Approaching $11 Million

185l $500 1880 Legal Tender NoteDallas, TX. The Official Auctions of the September 2007 Long Beach Coin Expo were held by Heritage Auction Galleries, and included Signature Auctions of U.S. currency ($10,486,434), U.S. coins ($11,311,996), ancient and world coins ($3,210,026), and U.S. tokens and medals ($598,946). When proceeds from Final Session Auctions of U.S. currency, U.S. coins, and ancient and world coins are concluded, plus Post Auction Buys from all events are added, total prices realized are expected to approach $27 million. This was Heritage’s 61st Official Auction at Long Beach. All lot descriptions, images, and prices realized for the eleven thousand-plus lots that sold in Long Beach are currently posted at HA.com. (more…)

Spink Plans 1,336-Lot Auction in London Oct. 8

By Numismaster - Spink has announced their annual autumn world bank note auction in conjunction with the International Bank Note Society Congress. The IBNS is being held Friday and Saturday, Oct. 5-6; the 7th is reserved for final viewing at Spink, the auction on Monday, Oct. 8th.

This sale features the David Bossert collection of British Commonwealth notes. While not surprisingly the collection is strongest in George VI and Elizabeth, it features a number of earlier notes as well.

The highlight of the sale is the Malaysia 1967-68 serial No. 1 set, about which a separate article appears.

New $5 Bill Debuts During “Wi-5″ Event

 First-Ever “Digital Unveiling” of a Redesigned Bill  – Introduction Scheduled for Early 2008

New Redesigned $5 noteWASHINGTON, D.C. (September 20, 2007) – The U.S. government today digitally unveiled a new, more secure design for the $5 bill that will be issued and enter circulation in early 2008. A new $100 bill will follow. This is the first time in history that U.S. paper money has ever been unveiled entirely online.

Similar to recently redesigned $10, $20 and $50 bills, the new $5 bill incorporates improved, easy-to-use security features, making it easier for businesses and consumers to check the new $5 bills they receive and more difficult for counterfeiters to fake.

Officials from the U.S. Treasury, Federal Reserve Board, Bureau of Engraving and Printing, and U.S. Secret Service were part of today’s “Wi-5″ preview, an entirely digital event which emphasized the government’s commitment to staying ahead of counterfeiters. The live “unveiling” of the $5 bill design, which featured government officials discussing currency security efforts, took place on www.moneyfactory.gov/newmoney and also included an online Q&A for news reporters. Podcasts featuring important information about the new $5 bill are also posted on the site. (more…)

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