Rare money sells for nearly $8 million at Baltimore auction


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BALTIMORE (AP) — Two rare $1,000 bills from the 1800s fetched $960,000 each at a Baltimore auction.

Stack's Bowers Galleries' currency director Peter Treglia (TRAY-lee-ah) says the same person who bought one of those bills also bought a rare $500 bill from the same year for $900,000. Both of those pieces were from 1863. Treglia says the buyer wants to remain anonymous.

Total sales from the Joel R. Anderson Collection at Thursday night's session topped $7.9 million — more than $800,000 above the galleries' highest predictions. Seven bills sold for more than half a million dollars each.

A second installment of rare money from the same collection will be sold in August at an auction in Philadelphia, and two other installments will be sold at future events.

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