CoinWeek: Million Dollar Currency Collection of Joel Anderson Highlights

[Music] welcome to the Joel Anderson collection of united states paper money Joel Anderson a principal of Anderson press and Lipton publishing and a number of other things and the Anderson companies has been a friend of mine for many many years he is not a newcomer to numismatics he and his brother Charles in the 1960s when they were a little bit younger than they are now went down to Washington DC and bought silver dollars from the Treasury Department building and so they're very numismatic alia where some years ago Joel decided to try to have the creme de la creme the ultra collection of paper money a little bit later toward the end of this nice feature I'll show a few favorite notes a handful one of them would be the first million dollar notes that ever crossed the auction block now a million dollar note crossing the auction block isn't necessarily unique today but at that time it was there never been such a thing so welcome to the Joel Anderson collection and welcome to some of the experts talking about the highlights of it so two of my favorite notes in the Joel Anderson collection the first note is actually in 1890 $1000 difficut which is completely unique by design no other no shares this design at all unlike most United States type notes they change usually some kind of seal variation or colors added or removed and that's what I just absolutely love about this no and it just happens to be completely unique in private hands there's one other one known and government institution what happens to be the serial number one but as we know the United States government's tutions do not allow the public to ever own it so this is completely unique and only one person can fortunately own it the no features William Marcy who's the portrait of right at the banknote and there's an allegorical female figure on the left the virus features a very intricate design which features thousand and numerical order with a very vivid green printing which is again completely unique no other Bank no shears this design on the reverse or uppers the second note I have here on the jaw are innocent collection is my personal favorite it's in 1878 $100 silver certificate triple signature it's an incredibly rare note from an incredibly rare series it features three signatures I will have your Treasury Secretary Treasury and will actually have an assistant treasurer of the United States being the third signature there's five of these known but only two in private hands three permanently impounded in government institution collections the note is greater very fine 25 stunning and I appeal and it's just a beauty it does sheer design with the 1880 series the 1891 series but it is arguably one of the prettiest series of all United States currency ever issued this note would most certainly be a top highlight at any United States large size currency collection this is a Friedberg 183 C is an 1863 $500 legal tender note the notes been graded by PCGS is choice new 64 ppq and it's always been one of my favorite federal type notes for the appearance it's a very impressive note it's very over-the-top in terms of design and layout it's very federal and appearance and it's just something that that's eye catching and it's been one of my favorite design types from the time I was a young kid you know flipping through my dad's old Friedberg catalogs this note has always stood out to me and this particular note is the the Friedberg plate note it's one of four known for the design type and one of perhaps two in private hands and this is the finest example known obviously in eighteen to sixty three five hundred dollars was a great amount of money and this note symbolizes that that great wealth and and to me this note is remarkable itself for the state of preservation you know for as much money as it as it was then the fact that it survives today is a miracle the fact that it survives in choice new 64 ppq is just nearly impossible that that were privileged enough to have something like this still in existence the vignette is Albert Gallatin he was a longtime statesman and was secretary of the Treasury the the back design is a very ornate Lee printed greenback it's got the obligation in the center of the note inside an ornate oval it has large $500 counters inside ornate dies to the left and right and just you know further gives that a imposing feel of this this very important note that like we said before was an awful lot of money in 1863 this motor is a Friedberg 184 1869 five hundred dollar legal tender note it's part of the rainbow series of notes that the United States government issued in denominations from one dollar all the way up to the thousand dollar denomination the higher denominations are all very rare the five hundred and thousand dollar denominations are excessively rare this five hundred dollar note is one of three notes known it's the only one in private hands the other two being in the Smithsonian collection this note has been graded a choice about new 55 ppq by PCGS is the finest known note of the type and this is also the plate note and the Friedberg catalog for this particular note this is a one series design type the $500 legal tender note was only used with this design for the 1869 series and and this is a just a really interesting note basically unique and private hands for the design type if you're a collector of high in federal tight notes this is basically your only option to get this design here are some favorite notes as I mentioned earlier picking out a favorite would be like going to the Smithsonian Institution or visiting the Elias Britt collection and saying pick out three coins you really wouldn't know what to do but here's some that have stories this is the grand watermelon note it's called watermelon because on the back the zeros look like watermelons and you can get $100 watermelon note with the width 100 you can't get a $10 and you can get the thousand they're very few thousand watermelon notes known this is a beautiful one this was across the auction block Tom Demming representing Joel Anderson across the million dollar mark and caused a sensation so this is a not only a rare note but it's also a landmark piece of American Numismatic history here's another favorite note it's a called a Technicolor note it's a twenty dollar note this is not a great rarity there are a fair number of them around except and this is a big except this is serial number one so this is unique also it's it's uncirculated 65 gem condition it's called the Technicolor note this is a nickname but this note was that was issued years before Technicolor was invented in California Technicolor was invented I was a film process of color invented in nineteen nineteen thirties by which time this noted but an old type note was no longer in circulation but nicknamed stick like we have in 1844 Liberty seated dime that's called the Orphan Annie dime because originally it's all by itself it's rare it isn't that rare so this is the Technicolor note and if you ask a paper money collector to named one of the top say top dozen most popular notes our most famous notes this would be it a few years ago I and David Simon put together a book for Whitman publishing called the 100 greatest American notes which you can find on the Whitman website and we took a survey that wasn't only our idea but it was a survey of collectors dealers and-and-and students and if I remember correctly this is some years ago the grand watermelon note was which I just mentioned was number one but this is high on the list too and it's a very inspirational book and I get no royalties by the way I'm a member of Woodman staff but but if you want to read about any of these notes like technicolor we went into detail telling the stories of them the joe anderson collection part one will be sold at the whitman claim and collectibles expo in baltimore in march i will be there and the whole staff will be there and you're welcome to come and look at the notes you can look at the notes like you could look at Rembrandt's and the Metropolitan Museum of Art or you can bid on the notes you're allowed to do that and it would be nice to see you there and thank you for watching this [Music]

Channel: coinweek

Views: 50,368

Rating: 4.8877006 out of 5

Keywords: Joel R. Anderson, Stack's Bowers, Q. David Bowers, Paper Money, Technicolor Note, Grand Watermelon Note, Banknote, Currency, Million Dollar Collectibles, Numismatics

Id: Gth6De5PJOQ

Length: 10min 11sec (611 seconds)

Published: Wed Feb 07 2018