$18.4 Million Sold At Long Beach Auction: US, World & Currency

Fr. 2221-G $5,000 1934 Federal Reserve Note. PMG Choice Uncirculated 64 EPQ.
Sold for: $126,500.

The last numismatic blast of the summer of 2009 went off with an $18.4 million flourish in Heritage Auctions' combined Long Beach U.S. Coin, Currency and World Coin events, Sept. 10-13. The successful trio of auctions further heartened erudite collectors as the world reflects on a year ago as financial markets buckled. U.S. Coins saw solid results with a total of more than $9.4 million, while U.S. Currency's strong showing amounted to more than $5.7 total, and World Coins continued its robust climb with nearly $3.3 million in prices realized.

We're very satisfied with the results across the board. As always, quality sells, and the top lots in each category certainly bore that out. Bidding was spirited, more than 9,200 bidders participated and the overall results show us that the state of the numismatic market is quite sound; perhaps on its way to a full recovery, and beyond.