This year both Heritage Auctions and Stack’s Bowers Galleries will be
hosting official auctions throughout the American Numismatic
Association World Fair of Money in Rosemont, Ill., which runs from
Aug. 5 to 9.
On Aug. 6 Stack’s Bowers will hold its Rarities Night auction and
Heritage has its Platinum Night paper money auction.
One Aug. 7 Heritage hosts its U.S. coins Platinum Night sale, and on
Aug. 8 Heritage has a third Platinum Night auction, featuring ancient
and world coins. Beyond these big auctions, many more auction sessions
will be spread out during the convention.
Although the two firms are offering around 10,000 lots during the
ANA show — including multiple seven-figure rarities — here are a few
lots that our editors selected to represent the range of diverse world
coins and paper money selections the official ANA auctions offer.
Circa 14th to 16th century Russian Leather Money, Choice Very Fine
Stack’s Bowers, Aug. 7
Hard times make some people stretch a dollar in the figurative
sense, but at one time in Russia, money really could be stretched.
The practice of using leather as a currency dates back at least to
the 14th century, and an undated 1-ruble piece of leather money from
somewhere in the 14th to 16th centuries is part of the Demarete
Collection being offered by Stack’s Bowers.
The commercial trade of furs and leather, where each article had a
fixed value, was affected by inflation, and soon animal hides were
being traded in portions, according to the auction firm, eventually
resulting in small squares of embossed leather that circulated as currency.
The example offered by Stack’s Bowers is graded Choice Very Fine,
according to the firm, and has “minor cracking” of its dark glossy
It is estimated to realize between $500 and $1,000.
Visit Stack's Bowers Galleries online.
Part 2: Taiwanese military ration dollar
Part 3: Counterstamped
gold Central American Republic coin