Our Hometown
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$5 bill from Lyons Bank fetches $800 Sentimental value for a piece of hometown nostalgia may have set a record for the sale of a five dollar bill issued in 1929 by the Lyons National Bank. The winning bid came in at $800. The Pittsford buyer was a 'stand-in bidder' for his brother in California, who had inspected the paper money earlier that week. The buyer won the bid against stiff local competition. The back-up buyer, who had sentimental ties to the note, was from Lyons and had worked for one of the men whose signature appeared on the National Currency bank note. Auctioneer Greg LeGrand of the Great American Auction House, Route 31 in Lyons, commented on how an item starts off as a desirable for sentimental reasons, then becomes a collectible because of age. 'Then at auction, the free enterprise system kicks in and turns it into a rare collector's piece,' he said, 'insuring the seller realized fair market value, which proves once again, the auction method works for both seller and buyer alike.' This was the first of what will be an annual numismatics auction Thanksgiving weekend. 'We will still have Christmas items, antiques, and consignments,' LeGrand said, 'making sure there is something for everyone at the auctions.' Copyright
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