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On behalf of the entire Archives International Auctions team, I would like to personally

welcome you to the 31st auction we have held over the last nine years. We are privileged

to offer another large and varied selection of U.S. & Worldwide Banknotes, Scripophily

and Security Printing Ephemera including hundreds of rare and exciting items that seldom

come up for auction. There will be items of interest for every level

of collector, specialist or dealer.

Included in the auction are over 1350 lots of U.S. & Worldwide Banknotes, Scripophily

and Security Printing Ephemera that will be offered in two sessions. There will be over

370 lots of scripophily, the collecting of stocks and bonds, between both sessions. We

are proud to offer additional selections from the John E. Herzog Collection of scripophily

rarities including a Daniel Drew autographed Buffalo & State Line Rail Road Co. stock

certificate as well as many other interesting, historic and rare bonds and shares with topics

including railroads, mining, automobiles and numerous other topics.

We will also be offering additional items from the Arthur C. Matz collection of modern

world banknotes as well as items from the Hamtramck Collection. One of the many

banknote highlights includes a new estate find of early Mexico Banco issues as well as

rare scrip notes, ca.1870-1890’s, that have never been offered previously at auction and

are sure to attract considerable attention.

We are finishing up our 7th Chinese, Asian and Russian Banknote, Scripophily and Coin

auction to be offered April 12th and 13th including the third portion of the

“Alexander I. Pogrebetsky Family Archives”. We will also be offering U.S. & Worldwide

Banknotes, Scripophily, Coins and Security Printing Ephemera on April 11th. If you have

suitable material, we are still seeking consignments for our upcoming 2016 auctions

including our April dates. I would like to thank everyone who has participated in our

previous auctions and has helped make this auction series a resounding success.

We are looking forward to another exciting auction

and hope you enjoy our current offerings.

WELCOME TO THE SALE

Best of luck,

Bob Schwartz