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1934A $500 Pack Of 100 Federal Reserve Notes, PCGS Choince Uncirculated 64

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CCFPress's Avatar
United States
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 Posted Yesterday   09:12 am Show Profile   Bookmark this topic Add CCFPress to your friends list Get a Link to this Message Number of Subscribers
PCGS - Printed during the Great Depression era, this pack of 100 $500 notes had a purchasing power of about $1 million during its production. Yet, it stayed intact for nearly a century, achieving PCGS Choice UNC 64 and making history as the first pack graded by PCGS Banknote. Got any packs yourself?

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1934A-$500-Pack-Of-100-Federal-Reserve-Notes,-PCGS-Choince-Uncirculated-64


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HondoB's Avatar
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 Posted Yesterday   09:14 am  Show Profile   Bookmark this reply Add HondoB to your friends list Get a Link to this Reply
Whoa!

Inordinately fascinated by bits of metal with strange markings and figures
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GMS5's Avatar
Canada
1539 Posts
 Posted Yesterday   11:09 am  Show Profile   Bookmark this reply Add GMS5 to your friends list Get a Link to this Reply
I would guess you had to be massively rich to put that pack aside back in the day.

For the equivalent buying power of that 50k back then, you would need $1,227,477.27 in todays money.
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jbuck's Avatar
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 Posted Yesterday   11:44 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I would guess you had to be massively rich to put that pack aside back in the day.
Indeed.


Quote:
For the equivalent buying power of that 50k back then, you would need $1,227,477.27 in todays money.
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oriole's Avatar
Canada
5274 Posts
 Posted Yesterday   8:36 pm  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
Just think what you could have bought for $50,000 then and what it would be worth today! Does anybody know if it was originally from a private individual or just something lost in a bank vault?
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Dearborn's Avatar
United States
100913 Posts
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wow, that must have been a hard decision to have that much money graded and encapsulated. (unless the owner was independently wealthy.
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