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#papermoney #numismatics #currency
Charles Morgan discusses several lots from the Brent Pogue's currency collection and takes his camera behind-the-scenes to see PMG's expert graders evaluate them in the raw.
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hey everybody this is Queen week editor
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Charles Morgan we'll try something a
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little bit new today hopefully it works
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out I don't know until I do it I want to
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go over some video footage I shot at
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Orlando in January when the paper money
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guarantee was processing selections from
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the paper money collection of D Brent
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Polk of course we've covered and a few
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of these streams recently the coin
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collection of print Polk and his
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collection has been covered exhaustively
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by the numismatic press he was a major
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collector one of the most significant
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collectors of the 20th century and early
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21st century had a coin collection worth
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well over a hundred and thirty 140
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million dollars
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also I'm gonna notice a lot of people
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until after his passing Brent Polk was
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Brent Polk was majorly interested in
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paper money and some modern points the
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major facet of the brig family
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collection we sold by stacks a few years
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ago was 1792 to 1838 but this month
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stacks Bowers has sold some work
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components of what Brent had in his
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holdings including a great collection of
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Barbour quarters some Franklin half
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dollars some Washington quarters amazing
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Washington quarter collection is our
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dollars etc well very covered that but I
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have some footage that you maybe I've
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never seen of the paper money grading
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process and that is conducted at shows
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on occasion by PMG I'm sure PCGS has a
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similar process that they follow and so
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you're gonna get to see how paper money
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is actually graded and we're gonna talk
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about how those Lots did once they were
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graded and they were per fraction we're
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going to talk about it not very long
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video today folks it took me a little
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bit of time to put this together for you
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I have audio on this file and what I'm
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gonna do as I play it I'm gonna look at
2:01
your comments if you could kindly let me
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know if you cannot hear the music in the
2:08
background I'm gonna do a voiceover as
2:11
we talk but I have a little
2:13
interviews segments at the end of the
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prepared footage from a PNG finalizar
2:20
and it won't do us much good to play it
2:23
all the way through if you can't hear
2:24
the audio so I know we have about seven
2:26
or eight people concurrently viewing
2:28
this if you could kindly say hi in the
2:31
chat to let me know you're up for the
2:33
responsibility of letting me know that
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you can hear the video I would much
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appreciate it so as soon as I get that
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first hi we will begin anybody they are
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you able to chat put my first chat there
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anyway it is Wednesday March 25th 2020 I
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hope you guys are having you know some
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time to yourself to enjoy your coin
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collection your paper money collection
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and I hope that you find the content
3:06
that we're providing in this stream very
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helpful so we'll see how it goes so here
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we go this is the Britt Pogue collection
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that's created by Paige
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now you see this note right here is a
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$10 note that's sold for $168,000 the
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sale had a 259,000 pretty awesome
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pedigree to see H Dalton and then
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Thailand for his question was sold by
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status on item 33 and this is rare what
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are the for the inscriptions for the
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system for mr. th Dalton they were hand
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citing these notes at the time and as
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you can see like it got cumbersome so
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the actual secretary of the treasury
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people we're not there signing
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everybody's notes I had staffers do it
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and they're beginning David right before
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so anyway this is a PM j-pop one note
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with finer nice up here
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this is lot six seven five nine I was
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sold this is the finest graded 18 at 74
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$50 labor code the series of 18 674
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featured new motifs you have Ben
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Franklin there
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left side face and the right and have an
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allegorical representation of Columbia
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you know I don't know every time I see
4:33
that that portrait I think Queen
4:36
Isabella you know from the Queen
4:38
Isabella Porter and I love that federal
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eagle and the shield it's such a great
4:44
design detail in any way this notes sold
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for seventy eight thousand dollars right
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now so next up at either grading that
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one of two people one of two pieces that
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was from a lot this was a proof plate
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this is the face the eighteen eighty
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five hundred dollar legal tender note
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features General Joseph K Mansfield
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right and Mansfield was killed in the
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battle Antietam he suffered a bullet
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wound to the chest
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September 17 1862 he died the next miss
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gallantry is marked by this note of
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course in the opposite side you have a
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bare-breasted effigy Liberty standing
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sight acute cannibal they really like
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their they're naked liberties back in
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the late 18th century early 20th century
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here is a 1914 five dollar breath seal
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with a large post production autograph
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by Treasury secretary bill Gibbs McAdoo
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if you like the Federal Reserve System
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think McAdoo is he ever saw it and also
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imitation developer facts very hasn't
5:54
shown ministration where Wilson so this
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is a complex curative American monetary
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history certainly worthy of study and
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appreciation and this note brought
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$6,600 it's pretty neat note to have if
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you just want a momento so folks this is
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gonna be the part I'm gonna take a
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little second off hopefully you can hear
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what they're I'm gonna say if you can
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well these notes it's they tell a big
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story through the history of numismatics
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and the people who've owned them so
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every note that is a true rarity in the
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Hobby will have passed through the hands
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of great collectors you know that are
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just namesakes in the entire industry
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and it's it's a true pleasure to be able
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to you know go through these notes and
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put them in our holder to keep them
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preserved for future generations of
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collectors these notes you know are
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invaluable they're what you would call
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museum worthy pieces and they are
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museums the Smithsonian has examples of
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this very note along with other high
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denomination notes which is just a you
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know an amazing amount of money back
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when they circulated it's the kind of
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bill that you would never see in public
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unless you were extremely wealthy and
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you know it's just a true miracle
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survival that these were not redeemed
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back then because no one really cared
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about collecting currency it was all
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collecting coins and currency took a
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back seat and it's become a much more
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exciting hobby in recent years with with
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third-party grading helping out
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collectors buy things sight unseen being
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able to put their faith and in our
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company to help them be assured that
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note is real and appropriately graded so
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there's no product two hundred sixteen
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thousand dollars
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and it features the portrait of a New
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York Governor to a Clinton and it's
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totally bringing his a-game and that
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pose you know all I know is you know
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when I get my name a dealer badge on my
7:51
next one I'm going to my head to
7:53
the right and do my little thoughtful
7:55
pose because that's just straight-up
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like ogee on that actually it's
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interesting science powers had the good
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fortune of auctioning the paper money
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collection of Joel Anderson he's like a
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media mogul you know it's
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books-a-million
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one of the largest fire works I guess
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retailers in America and several other
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publishing businesses and they Anderson
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actually used to have that note that a
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poke at I think he replaced the upgraded
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it and the one that he ended up with
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sold for over a million dollars but two
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hundred and sixteen grand it's a ton of
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money and what a great piece of a
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American Numismatic history so anyway
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that wraps up you know the poke
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collection of paper money and some
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footage we we were able to capture you
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know all told you know that the auction
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brought big dollars I think two hundred
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and thirty lots they average about
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$40,000 each twenty-seven of the notes
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brought six figures realizing a total of
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nine point two million dollars over the
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course of the sale so anyway we're going
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to be back tomorrow with another great
9:04
stream I'm currently pegging out like
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some lists of things I think would be
9:08
cool to talk about and I think I'm gonna
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go over I got two things scheduled for
9:12
you for this week I'm going to cover
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what I think that ten completely
9:17
underrated designs of the US
9:20
commemorative coin period of 20th
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century commemoratives and I'm gonna go
9:25
show off some swag the kinds of stuff
9:28
that you end up with whether you want it
9:30
or not when you're in a position of
9:33
being a numismatic journalist traveling
9:34
the world and covering the Hobby
9:36
I got interesting metals and sample
9:39
things and all sorts of swag from some
9:42
of the big events in the past few years
9:44
and maybe you've never seen before so
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I'll share some of those with you and
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give you some
9:48
anecdotes about what my experiences were
9:50
and then we'll take some questions and
9:53
answers after that a little brief
9:54
program I'll try to bring my a-game and
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make sure I'm able to intelligently
10:01
answer your thoughtful queries I said
10:05
anyway for Queen week 4 the staff stop
10:08
purpose and humor Walker like to thank
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you for tuning in and we'll see you
10:12
tomorrow guys take care