One man says goodbye to million dollar money collectionFargo, ND (WDAY TV) - A million dollars worth of North Dakota's rich banking history went up for auction tonight.
By: Becky Parker, WDAY Staff Reports, WDAY
Fargo, ND (WDAY TV) - A million dollars worth of North Dakota's rich banking history went up for auction tonight.
An area collector auctioned off nearly 400 bills. One went for a staggering $85,000.
Fives, tens, and twenties going for hundreds, thousands, even tens of thousands. No one ever said owning a piece of history was cheap.
Devils Lake collector Glen Jorde sold his impressive collection of antique bank notes bearing the names of North Dakota towns.
Glen Jorde, Owner of Collection: "I've collected for almost 50 years. I started when I was 15 and the market is good right now, and a lot of people are looking for these items. So, it's time to spread them around."
The room was filled to the brim, with bidders spilling into the hallway. Others joined online, all trying to get their hands on these treasures.
Bryan Nelson, Bidder: "It's a part of history that we'll never see again. They're personalized with town names on them and personal signatures of bankers."
And the richer the history, the higher the price. This Dakota Territory five dollar brownback was expected to go for up to $70,000 dollars. It actually went for much more.
"Let's sell it for $85,000 to bidder number 330."
Jorde: "I think there's a few things that have gone really high and a few things that have been really good bargains. So, it's a 50/50 mixture, but overall, it's good."
And in a matter of hours, a collection 50 years in the making finds new homes.
Before the auction the items were on display at the Doublewood Inn this weekend.