Stack's Bowers Galleries

Spring 2024 Auction  –  25 - 28 March 2024

Stack's Bowers Galleries, Spring 2024 Auction

Live Sessions: U.S. Coins and Currency, Physical Cryptocurrency

Part 1: Mo, 25.03.2024, from 4:00 PM CET
Part 2: Mo, 25.03.2024, from 11:00 PM CET
Part 3: Tu, 26.03.2024, from 5:00 PM CET
Part 4: Tu, 26.03.2024, from 9:00 PM CET
Part 5: We, 27.03.2024, from 4:00 PM CET
Part 6: We, 27.03.2024, from 8:00 PM CET
Part 7: We, 27.03.2024, from 10:00 PM CET
Part 8: Th, 28.03.2024, from 5:00 PM CET
Part 9: Th, 28.03.2024, from 6:00 PM CET
Part 10: Th, 28.03.2024, from 8:00 PM CET
The auction is closed.

Description

Fr. 2221-G. 1934 $5000 Federal Reserve Note. Chicago. PMG Choice Very Fine 35.

Bearing exceptional eye appeal on account of moderate circulation, this ever desirable note stands atop many of its peers as one of the rarest notes ever issued by the United States. Comparable to its $10,000 counterpart in terms of rarity, the $5000 is one of the most avidly pursued denominations by collectors today with high demand that outstrips the available supply. At center, a stately portrait of President James Madison assumes a prominent position and is flanked by four distinct "5000" counters that stand in each corner. A bright and boldly overprinted light green Treasury Seal stands as a marked contrast against the bright paper and finely engraved design elements that distinguish this example in the eyes of the beholder. A singular comment regarding a "Minor Restoration" has been applied to the holder by PMG, a restoration that is nonetheless well executed and exceedingly difficult to detect. Overall, a premium example of the denomination that will undoubtedly attract fierce and spirted bidding from top-tier collectors seeking to add an ultra-high denomination note to their holdings. PMG comments "Minor Restoration."

Estimate: $125000.00- $175000.00

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Bidding

Price realized 120'000 USD
Starting price 75'000 USD
The auction is closed.
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