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Stack’s To Offer Coins and Currency from the Eliasberg & Krause Collections in Baltimore

On March 2nd and 3rd, Stack’s will present items from The Eliasberg & Krause Collections, along with many other important numismatics properties at the Sheraton Inner Harbor Hotel in Baltimore, Maryland.

The sale includes items from over 80 consignors and offers over 2,500 lots of coins, tokens, medals, and currency.

In addition to the pieces offered from the Eliasberg & Krause Collections, Stack’s will proudly feature the Peter Scherff Collection of Colonial Coins, the Alan Bleviss Collection of Civil War Tokens Part IV, and selections from the Collection of Jerry Byrne, Sr.

Session One: U.S. Tokens, Medals, and Americana; U.S. Coins

Lot 40 – Ohio, Ashland. (1861-65) Ella Buchanan. Watchmaker. Fuld Rarity-9. MS-62 (NGC).

A modest selection of Hard Times tokens leads us into Part IV of the Alan Bleviss Collection of Civil War Tokens. This particular offering from this immense collection features nearly 300 lots of Ohio store cards. One interesting piece is a rare brass Ella Buchanan token from Ashland that was struck over a McClellan for President token! Cleveland issues include a rare A. & H. token, a Rarity-9 copper piece that is graded MS-63 BN by NGC. Following this piece is a somewhat cryptic Brattin token in copper-nickel; these were probably issued by the watchmaker as repair receipts and not intended as a currency substitute. Urbana tokens feature a copper C. McCarty token in MS-63 (NGC) and an MS-64 RB (NGC) example of the rare Walker’s Ale Depot issue in copper.

Lot 505 – 1855 large cent. N-10. Rarity-5. Slanted 55.
Proof-66 BN (PCGS).

The second half of Session One is comprised of U.S. coins from half cents through quarters, silver and gold commemoratives, sets and errors. Half cents feature a wonderfully appealing and desirable 1794 C-2a example in AU-55 (PGS) from the Pittman Collection and large cents provide a startling high grade Proof 1855 N-10 example. This Slanted 55 variety is graded Proof-66 BN by PCGS, and no Proof of this date has been certified finer in any color designation by PCGS.

Lot 609 – 1796/5 half dime. LM-2. Rarity-6. MS-63 (PCGS).

The famous 1792 half disme makes an appearance in this sale; this particular example exhibits the sharpness of Very Fine and though it was probably cleaned decades ago, the coin displays pleasing surfaces and excellent eye appeal. Half dimes continue with an impressive 1796/5 LM-2 issue, one of the finest seen by PCGS in MS-63 (PCGS). Other early half dimes are highlighted by a lovely 1805 LM-1, the Pittman specimen, graded AU-53 by PCGS. It is significant to note that no coins of this date have been certified at the Mint State level by PCGS, and the highest grade that has been conferred is AU-58.

Session Two: U.S. Coins (Half Dollars-Double Eagles); Patterns, Territorials, California Fractional Gold

Lot 1009 – 1796 half dollar. O-101. Rarity-5. 15 Stars. AU-58 (PCGS).

First to cross the block is a condition census 1795 O-102 Flowing Hair half dollar in the impressive grade of EF-45 (PCGS), a wholesome coin free of adjustment marks or other detractions that so often plague these issues. Draped Bust half dollars offer an exciting 1796 15 Stars O-101, one of the most prized rarities of American numismatics. This example is in excellent condition, graded AU-58 by PCGS, one of the five finest seen by that firm.

Lot 1111 – 1795 silver dollar. BB-52, B-15. Rarity-2.
Centered Draped Bust. MS-63 (PCGS).

Silver dollars provide over 30 examples of early types and include headliners like a world-class 1795 Draped Bust example in MS-63 (PCGS). This B-15, Centered Draped Bust example is a beautiful, boldly struck coin with satiny surfaces. Heraldic Eagle types showcase an intensely lustrous 1799/8 13 Stars Reverse $10 in the amazing grade of MS-63 (PCGS)—one of just two examples of the variety called MS-63 or finer by PCGS. Other significant properties include what is likely the finest known 1799 B-18a dollar in MS-63 (PCGS) and a lovely 1800 B-14 Dotted Date example in MS-63 (NGC).

Lot 1279 – 1838 Gobrecht dollar. J-84, P-93. Rarity-5. Restrike.
Proof-64 (PCGS).

U.S. dollars are followed by pattern coins, headed up by three rare Gobrecht silver dollars. The first is an 1836 J-58 Restrike in Proof-58 (PCGS) (CAC), the second an 1838 J-84 in Proof-64 (PCGS), and the third another J-84 example graded Proof-64 by NGC. Other pattern coins present a majestic 1871 J-1133 silver pattern dollar depicting James B. Longacre’s famous Indian Princess on the obverse. This Rarity-6+ pattern is graded Proof-66 by NGC and exhibits rich toning and delightfully clean surfaces.

Lot 1761 – 1929 double eagle. MS-65 (PCGS).

Double eagles provide a nice selection of both types, and include pleasing coins like a lustrous 1873-CC in AU-50 (PCGS), a coin from the Eliasberg Collection, and an MS-61 (PCGS) example of the key date 1885-CC. Late date Saint-Gaudens double eagles include two beautiful 1924-S examples, the first in MS-65 (NGC) and the second in MS-64 (NGC). The last coin of this session is a lovely example of the celebrated 1929 issue. This coin is graded MS-65 by PCGS, and only five coins have been certified as finer by that service.

Session Three: Colonial and Early American Coins

Session Three contains over 600 lots of Colonial and Early American coinage and offers wonderful items from the Peter Scherff Collection, a vast collection spanning all areas of colonial coinage. One of the first significant events will be the sale of a Sommer Islands twopence, an extremely rare coin of which there are fewer than eight in private hands. This coin is housed in a Genuine (PCGS) holder and exhibits the sharpness of Fine on the obverse, while the reverse is a bit more corroded and is around the Good level.

Lot 2077 – 1773 Virginia “penny.” Newman 1-A, Breen-179.
Proof-65 BN (PCGS).

Massachusetts silver coinage provides a nice selection of coins punctuated by a splendid Pine Tree sixpence. This Noe-33 example is graded MS-63 (PCGS) and served as the Noe Plate coin as well as formerly being a part of the Proskey, Boyd, and Ford collections. Virginia coinage leads off with a gorgeous 1773 Proof “penny” from the Eliasberg Collection. This beautiful, boldly struck Proof coin, one of the most famous rarities of the early American series, is certified as Proof-65 BN by PCGS, though significant mint color is found around the central reverse devices. With the collectible population hovering somewhere around 15 pieces, this is an important chance to add a significant rarity to your cabinet!

Lot 2562 – 1796 Myddelton token. Breen-1074. Copper.
Proof-64 BN (PCGS).

Other important and rare items from this portion of Early American coinage include an extremely rare 1787 New York Excelsior Standing Indian copper. This all-time classic rarity is one of just ten known specimens and, at the lower range of the grading scale, is a great chance for a serious collector to own one. Certified as Genuine by PCGS, the coin displays the sharpness of Very Fine. Also offered here is a gorgeous 1796 Myddelton token in copper graded Proof-64 BN by PCGS from the Eliasberg Collection. From an estimated surviving number of just eight to 10 specimens, the copper token is approximately twice as rare as the silver!
Session Four: United States Paper Currency
Wednesday, March 3rd – Immediately following Session Three

Lot 3042 – The State Bank of New Jersey, Branch Written, New Jersey. Copper Printing Plate for $3-$3-$3-$3 Notes. 1810s. Extremely Fine.
Session Four is composed of United States Paper Currency, featuring Part II of the Chester L. Krause Collection of Wisconsin Obsolete Banknotes, Private Scrip, Territorial Issues, and Related Fiscal Paper. A modestly sized selection of Continental and Colonial Currency opens the session, and a tiny section of non-Krause obsolete currency features a superb quartet of New Jersey copper printing plates. The first is a unique Maverick $3-$3-$3-$3 State Bank of New Jersey plate and the second is a recut Maverick plate that is a slight variant on the former. The third plate is a Harrison engraved State Bank of New Jersey plate for $5-$5-$5-$5 notes, and the fourth is a plate for a $500 note on the State Bank of Elizabeth. A copper face plate for a four-subject sheet on the Bank of Mount Pleasant in Ohio concludes our offering of printing plates.

Lot 3219 – Jos. Schlitz per Second Ward Bank, Milwaukee, Wisconsin. Fifty Cents in Current Funds. No Date (Ca. 1862).
Proof. Choice Uncirculated.

Scrip notes are well represented throughout this offering, and many interesting pieces turn up in the Milwaukee section. Avid carnivores and brewing enthusiasts will delight in the Jacob Nunnemacher’s Distillery and Meat Market 50¢ Proof note. This Gem Uncirculated proof scrip is quite beautiful and unlisted in Krause. Continuing in the same vein, a few lots later is a fabulous trio of Joseph Schlitz proof scrip notes that includes a 10¢, a 25¢, and a 50¢ note. Each note is in Choice Uncirculated condition, and will surely see strong bidding as a result of their exceptional quality and popular theme.

Lot 3383 – California, Santa Barbara. The First National Gold Bank of Santa Barbara. $100. 1873. Very Good.
Federal currency rounds out Session Four of this incredible sale, and notables here include a Gem 1862 $5 Legal Tender in Gem Uncirculated-66 PPQ (PCGS) and an extremely rare Double Denomination $2/$1 Federal Reserve Bank Note in Net VG-10 (PMG). National Bank Notes showcase the unique Santa Barbara $100 Gold note, a highly important rarity that is the key to any advanced type set. This example is in Very Good condition and was once part of some of the truly great United States Currency collections, including that of Albert Grinnell and Robert Schermerhorn.

If you cannot attend in person, be sure to send Stack’s your bids by U.S. mail or fax, or place your bids on their website, either before the sale or by bidding online during the sessions. Stacks is located  at 123 West 57th Street, New York, NY 10019 or at Box 1804, Wolfeboro, NH 03894. To contact Stacks by phone, call toll free at 800-566-2580.

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