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Photo: Courtney Columbus, AP
A depiction of Declaration of Independence signer Robert Morris is seen on the front of an 1863 $1,000 bill, Wednesday, March 21, 2018, in Baltimore. The rare bill is expected to sell for around $1 million when it goes up for auction in Baltimore Thursday.
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A depiction of Declaration of Independence signer Robert Morris is seen on the front of an 1863 $1,000 bill, Wednesday, March 21, 2018, in Baltimore. The rare bill is expected to sell for around $1 million when
... more
Photo: Courtney Columbus, AP
A $1,000 bill printed in 1863 is seen on display Wednesday, March 21, 2018, in Baltimore. The rare bill, which features Declaration of Independence signer Robert Morris, is expected to sell for around $1 million when it goes up for auction in Baltimore Thursday.
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A $1,000 bill printed in 1863 is seen on display Wednesday, March 21, 2018, in Baltimore. The rare bill, which features Declaration of Independence signer Robert Morris, is expected to sell for around $1
... more
Photo: Courtney Columbus, AP
Rare money sells for nearly $8 million at Baltimore auction
BALTIMORE (AP) — Two rare $1,000 bills from the 1800s fetched $960,000 each at a Baltimore auction.
Stack's Bowers Galleries' currency director Peter Treglia (TRAY-lee-ah) says the same person who bought one of those bills also bought a rare $500 bill from the same year for $900,000. Both of those pieces were from 1863. Treglia says the buyer wants to remain anonymous.
Total sales from the Joel R. Anderson Collection at Thursday night's session topped $7.9 million — more than $800,000 above the galleries' highest predictions. Seven bills sold for more than half a million dollars each.
A second installment of rare money from the same collection will be sold in August at an auction in Philadelphia, and two other installments will be sold at future events.