High-denomination Vintage US Banknotes Certified by PMG in Stack's Bowers Sale
Posted on 10/19/2023
Two high-denomination notes, including one pedigreed to a renowned poker player, are among over 200 vintage US banknotes certified by Paper Money Guaranty® (PMG®) being offered in an upcoming auction. Bidding is already underway for the Stack’s Bowers November Auction, with Session 8 - US Currency scheduled for November 17, 2023.
One of the rarest notes in this auction is a 1934 $5,000 Federal Reserve Note (Chicago) graded PMG 45 Choice Extremely Fine (lot 20293), which has an estimate of $175,000 to $275,000. PMG has certified just 42 examples of the 1934 series $5,000 denomination from the Chicago Federal Reserve District, and only 124 $5,000 Small-Size Federal Reserve Notes in all.
Another rarity being offered is a 1934 $10,000 Federal Reserve Note (Philadelphia) graded PMG 45 Choice Extremely Fine (lot 20294), also with an estimate of $175,000 to $275,000. Only three examples of this catalog number appear in the PMG Population Report, and it is among only 117 total $10,000 Small Size Federal Reserve Notes certified by PMG. The note is pedigreed to Johnny Chan, a professional poker player who has won 10 World Series of Poker bracelets, the earliest in 1985 and the most recent in 2005.
Other PMG-certified notes in this auction include:
- a 1918 $500 Federal Reserve Note (San Francisco) graded PMG 64 Choice Uncirculated (lot 20209) with an estimate of $150,000 to $250,000
- an 1882 $1,000 Gold Certificate graded PMG 25 Very Fine (lot 20236) with an estimate of $150,000 to $250,000
- a 1775 Continental Currency $20 graded PMG 58 Choice About Uncirculated EPQ★ (lot 20008) with an estimate of $60,000 to $90,000
- an 1880 $100 Silver Certificate pedigreed to the Mike Coltrane Collection graded PMG 30 Very Fine (lot 20178) with an estimate of $60,000 to $80,000
- a Carmen, Oklahoma 1902 Red Seal $10 National Bank Note graded PMG 50 About Uncirculated (lot 20340) with an estimate of $40,000 to $60,000
- a 1918 $500 Federal Reserve Note (Kansas City) graded PMG 30 Very Fine (lot 20208) with an estimate of $30,000 to $50,000
- a group of four 1934 $1,000 Federal Reserve Notes (Boston) with consecutive serial numbers graded PMG 63 Choice Uncirculated EPQ to PMG 64 Choice Uncirculated EPQ (lot 20286) with an estimate of $30,000 to $50,000
- a group of five 1934 $1,000 Federal Reserve Notes (Boston) with consecutive serial numbers graded PMG Choice Uncirculated 63 EPQ to PMG 64 Choice Uncirculated EPQ (lot 20285) with an estimate of $35,000 to $45,000
- a Pennsylvania Colonial Note 1739 20 Shillings graded PMG 35 Choice Very Fine (lot 20006) with an estimate of $25,000 to $35,000
- a 1934 $1,000 Federal Reserve Note (Chicago) graded PMG 65 Gem Uncirculated EPQ (lot 20283) with an estimate of $25,000 to $35,000
Estimates are provided by the auction house.
Want news like this delivered to your inbox once a month? Subscribe to the free PMG eNewsletter today!