PMG-certified US Note Realizes $252,000 at Stack's Bowers Sale

Posted on 8/10/2020

The high-denomination rarity was the top lot at the August 2020 auction.

A $5,000 Federal Reserve Note certified by Paper Money Guaranty (PMG) realized over a quarter-million dollars to lead the way at the August 2020 Stack's Bowers US Currency Auction on August 5, 2020. Most of the lots in the sale were PMG-certified, including the top three, which each realized at least $100,000.

1934 $5,000 Federal Reserve Note (Dallas) graded PMG 65 Gem Uncirculated EPQ. Realized: $252,000
Click image to enlarge.

The 1934 $5,000 Federal Reserve Note (Dallas) graded PMG 65 Gem Uncirculated EPQ realized $252,000. US notes with a denomination this high are extremely rare and are fervently sought by elite paper money collectors. This particular 1934 $5,000 Federal Reserve Note is even more special because it is tied with only four others across all districts for the top grade in the PMG Population Report.

Other PMG-certified highlights that were part of the US currency sale or the August 2020 Stack's Bowers World Paper Money Auction held the same day included:

Prices realized include buyer's premium and are expressed in US dollars.

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