1891 currency sells for $2.6M at Calif. auction
IRVINE, Calif. — A silver certificate worth $1,000 when it was printed in 1891 has sold at auction in Southern California for $2.6 million.
Stack’s Bowers Galleries of Irvine says the certificate is one of only two of its kind still in existence. The other is on display at the Smithsonian Institution.
Silver certificates were government-issued documents that could be exchanged for silver dollar coins. They were circulated from 1878 until 1923.
Wednesday’s sale came during the auction of 85 pieces of paper currency from a private collection. Stack’s Bowers says the sale is a record for a paper currency transaction.
The buyer wishes to remain anonymous.
Article Comments
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked.
If a comment violates these standards or our terms of service, click the "flag" link in the lower-right corner of the comment box. To find our more, read our FAQ.