Correction: Currency Auction story

IRVINE, Calif. (AP) - In a story June 12 about the sale of an 1891 silver certificate, The Associated Press reported erroneously that the transaction was made at an auction. It was sold in a private transaction by an auction house.

A corrected version of the story is below:

1891 currency sells for $2.6M in Calif.

$1,000 silver certificate from 1891 sells for $2.6 million in California

IRVINE, Calif. (AP) _ A silver certificate worth $1,000 when it was printed in 1891 has sold in a private transaction by an auction house in Southern California for $2.6 million.

Stack's Bowers Galleries of Irvine says the certificate is one of only two of its kind still in existence. The other is on display at the Smithsonian Institution.

Silver certificates were government-issued documents that could be exchanged for silver dollar coins. They were circulated from 1878 until 1923.

Wednesday's transaction came during a closed sale of 85 pieces of paper currency from a private collection. Stack's Bowers says the sale is a record for a paper currency transaction.

The buyer wishes to remain anonymous.


(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Top Stories

  • Hopeful Sign
    710 ESPN Seattle's Danny O'Neil says the Seahawks win Sunday adds hope for rest of season

  • Week In Photos
    This week's heart-stopping photos from around the world
ATTENTION COMMENTERS: We've changed our comments, but want to keep you in the conversation.
Please login below with your Facebook, Twitter, Google+ or Disqus account. Existing MyNorthwest account holders will need to create a new Disqus account or use one of the social logins provided below. Thank you.
comments powered by Disqus
Sign up for breaking news e-mail alerts from MyNorthwest.com
In the community
Do you know an exceptional citizen who has impacted and inspired others?
KIRO Radio and WSECU would like to recognize six oustanding citizens this year. Nominate them to be recognized and to receive a $2,000 charitable grant.