The dollar is relatively cheap compared to its historical purchasing power. Savvy buyers are taking advantage of this fact and putting money into collectibles sold in the U.S. It is interesting to note that currency auctions held right now have probably never had more international buyers of U.S. currency, or more domestic buyers of foreign currency. "This is kind of a case of the grass is always greener. Collectors have become jaded towards rarities from their own countries and they are now branching out into new areas," says Manning Garrett, president of Manifest Auctions. "You would be surprised at some of the locations we end up shipping to. If you have internet access and a credit card, then you can pretty much collect anything and everything you want."
The highest pre-auction estimate belongs to a two dollar bank note from Charlotte that was issued around 1875. It is expected to bring $20,000 to $40,000. Another note from the same time period issued in Salt Lake City while Utah was still a territory is estimated at $15,000 to $25,000. Many other banknotes and antiques are estimated between $500 and $10,000. Plenty of gold and silver coins are also being offered at no reserve. If the strong results from the July auction are repeated in this sale, then the pre-auction estimates could prove to be very conservative.
Got Questions About Bidding Or Consigning?You can contact Manifest Auctions at Info@ManifestAuctions.com
| < Prev | Next > |
|---|
