Stack's Bowers Galleries

August 2023 Global Showcase Auction  –  14 - 21 August 2023

Stack's Bowers Galleries, August 2023 Global Showcase Auction

Live Sessions: Ancient and World Coins, Currency

Part A: Mo, 14.08.2023, from 6:00 PM CEST
Part B: Tu, 15.08.2023, from 6:00 PM CEST
Part D: Tu, 15.08.2023, from 6:00 PM CEST
Part 2: Tu, 15.08.2023, from 9:00 PM CEST
Part C: Tu, 15.08.2023, from 10:00 PM CEST
Part 3: We, 16.08.2023, from 5:00 PM CEST
Part 4: We, 16.08.2023, from 7:00 PM CEST
Part 5: We, 16.08.2023, from 10:00 PM CEST
Part 6: Th, 17.08.2023, from 12:00 AM CEST
Part E: Th, 17.08.2023, from 6:00 PM CEST
Part 7: Th, 17.08.2023, from 8:00 PM CEST
Part 8: Fr, 18.08.2023, from 5:00 PM CEST
Part 9: Sa, 19.08.2023, from 1:00 AM CEST
Part 10: Sa, 19.08.2023, from 5:00 PM CEST
Part F: Mo, 21.08.2023, from 4:00 PM CEST
The auction is closed.

Description

Fr. 2221-G. 1934 $5000 Federal Reserve Note. Chicago. PMG Choice Uncirculated 64 EPQ.
When compared to the lesser denominations of their respective series, these ultra-high denomination notes did not differ drastically from a stylistic stand point. The face exhibits a central portrait of James Madison, our nation's fourth President and often regarded as the "Father of the Constitution." A treasury seal and district seal are observed at right and left respectively, along with adjacent serial numbers. Seen arched at top center is "THE UNITED STATES OF AMERICA", with "WILL PAY TO THE, BEARER ON DEMAND", in smaller text directly below. Large "5000" counters adorn each of the corners and "FIVE THOUSAND DOLLARS", is centered in the lower border. The back received a more business oriented styling in favor of the appealing vignettes found on the backs of lesser denominated bills. Three large "5000" protectors at left, center and right, with heavy geometric styling at the borders. Ample white space surrounds the central counter, which was implemented to highlight details of the design for counterfeit identification. Although seldom seen, notes of the $5000 denomination are typically in circulated grades. This particular example is seen with a vivid green seal and serial numbers which contrast nicely against its original frosty white paper. Out of 40 notes graded by PMG for this Friedberg variety, this note is tied with a single other for the position of Top Pop. A wonderful opportunity and a note that should see some spirited bidding as the demand for ultra high denomination notes has increased as of late. PMG Pop 2/None Finer.

Estimate: $250000.00- $350000.00

Question about this lot?

Bidding

Price realized 260'000 USD
Starting price 150'000 USD
The auction is closed.
Feedback / Support