Two PMG-certified Notes Each Realize $366,000 in Stack's Bowers Galleries Auction

Posted on 9/22/2026

A gold certificate and high-denomination Federal Reserve Note led the way in the September sale.

One of the earliest Gold Certificates and a high-denomination Federal Reserve Note, both certified by PMG®, shared top honors in a recent Stack's Bowers Galleries auction. The Summer 2026 Global Showcase Auction - Session 8 - US Currency - Rarities Night was held on September 4, 2026.

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Two notes each realized $366,000 to lead the way, including an 1863 $20 Gold Certificate graded PMG 25 Very Fine (lot 23050). Only five examples are known to exist in private hands, according to the auction house. This one has the added appeal of an engraved countersignature of Henry H. Van Dyck, the Assistant Treasurer of the United States in New York.

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The other top note was a 1928 $5,000 Federal Reserve Note (Chicago) graded PMG 64 Choice Uncirculated (lot 23095). The highest graded of five in the PMG Population Report, these high-denomination notes have an enthusiastic following within the paper money collecting community.

Additional PMG-certified highlights from the auction included:

  • a 1934 $5,000 Federal Reserve Note (St. Louis) graded PMG 64 Choice Uncirculated EPQ (lot 23097), which realized $305,000
  • an 1878 $10 Silver Certificate - New York graded PMG 30 Very Fine (lot 23031), which realized $207,400
  • an 1869 $100 Legal Tender graded PMG 45 Choice Extremely Fine (lot 23015), which realized $170,800
  • a 1928 $5,000 Federal Reserve Note (Chicago) graded PMG 50 About Uncirculated (lot 23096), which realized $146,400
  • a 1918 $500 Federal Reserve Note (San Francisco) graded PMG 64 Choice Uncirculated (lot 23048), which realized $134,200
  • an 1886 $5 Silver Certificate graded PMG 67 Superb Gem Uncirculated EPQ (lot 23025), which realized $67,100

Prices realized include buyer's premium.


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