Gray Sheet News


Costa Mesa, California
– Stack’s Bowers Galleries will offer a complete set of the 1941 Panama Arias series at their upcoming Collectors Choice online auction in June. Individually, tickets have reached historic prices since the start of the pandemic, with several premium examples all bringing in five-figure sums, in many cases over $40,000. The set that will be offered at the June CCO auction includes all banknotes in the Very Fine quality range. Some show minor rust while maintaining their overall visual appeal. The culmination of the group, the 20 Balboa, bears a very small serial number of 59. strong bidder turnout as this set crosses the auction block.

This highly sought after band is likely to be among the most affordable sets offered together, given that there are no super high quality parts included. However, given the current strength of the market, they are expected to fetch significantly more than similar quality examples in the past. Aris Maragoudakis, Director of World Paper, said: “This historic set has appeared on countless customer lists since I began my tenure at Stack’s Bowers Galleries in 2015. Although we have sold a few since the start of the pandemic, I didn’t even make it. halfway through this list. The demand for these Arias shows is probably greater now than it was during the drought of the late 2010s.” The desirability of the set can be directly attributed to its very short release into circulation. duration. As more collectors enter the market and learn the history of the set, it is likely that high demand will continue.

For more information on the set, please contact Stack’s Bowers Galleries directly at [email protected]

About Stack’s Bowers Galleries

Stack’s Bowers Galleries conducts live, internet, and specialty auctions of rare U.S. and world coins, currencies, and ancient coins, as well as direct sales through retail and wholesale channels. The company’s nearly 90-year legacy includes cataloging and selling many of the most valuable U.S. coin and currency collections to ever cross an auction block – the D. Brent Pogue Collection, the John J. Ford, Jr. Collection, the Louis E. Eliasberg, Sr. Collection, The Harry W. Bass, Jr. Collection, The Joel R. Anderson Collection, The Norweb Collection, The Cardinal Collection and The Battle Born Collection – to name a few. World coin and currency collections include the Pinnacle Collection, Louis E. Eliasberg Collection, Sr. of World Gold Coins, Kroisos Collection, Alicia and Sidney Belzberg Collection, Wa She Wong Collection, and Thos Collection. Collection H. Law.

The company is headquartered in Costa Mesa, California, with offices in New York, Philadelphia, Wolfeboro, Hong Kong and Paris. Stack’s Bowers Galleries hosts an annual Global Showcase in August featuring United States Coins and Currencies, Ancient Coins, and World Coins and Currencies at its Costa Mesa Auction Gallery. They are also the official auctioneer of several major numismatic events, including the New York International Numismatic Convention, the Whitman Coin & Collectibles Spring, Summer and Winter Expos, and the Hong Kong Spring and Autumn Fairs.


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