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PMG Certified US Note Realizes Over A Quarter Million Dollars At Stack's Bowers Sale

 
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 Posted 08/10/2020  1:24 pm Show Profile   Bookmark this topic Add CCFPress to your friends list Get a Link to this Message
PMG - 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 four, which each realized at least $80,000.



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 sought by an elite group of 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:

1918 $1,000 Federal Reserve Note (Philadelphia) graded PMG 65 Gem Uncirculated EPQ that realized $126,000
1934 $5,000 Federal Reserve Note (Richmond) graded PMG 55 About Uncirculated that realized $108,000
1922 $1,000 Gold Certificate graded PMG 58 Choice About Uncirculated that realized $84,000
1928 $500 Federal Reserve Note (Dallas) graded PMG 66 Gem Uncirculated EPQ that realized $45,600
1934 $1,000 Federal Reserve Note (Dallas) graded PMG 65 Gem Uncirculated EPQ that realized $40,800
1891 $50 Silver Certificate graded PMG 63 Choice Uncirculated EPQ that realized $36,000
Panama 1941 5 Balboas graded PMG 63 Choice Uncirculated EPQ that realized $33,600
1880 $50 Legal Tender graded PMG 40 Extremely Fine that realized $28,800
1907 $1,000 Gold Certificate graded PMG 30 Very Fine that realized $28,800
Pakistan undated (1948) 100 Rupees graded PMG 50 About Uncirculated that realized $28,800
Bahamas 1965 50 Dollars graded PMG Very Fine 30 EPQ that realized $26,400
1890 $20 Treasury Note graded PMG 64 Choice Uncirculated EPQ that realized $25,200
1934 $1,000 Federal Reserve Note (Chicago) graded PMG 66 Gem Uncirculated EPQ that realized $25,200
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 Posted 08/10/2020  2:51 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Some wonderful notes on this list!
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 Posted 08/10/2020  4:03 pm  Show Profile   Bookmark this reply Add SteveInTampa to your friends list Get a Link to this Reply
Thanks. Looking at that list of notes reminds me of looking through a magazine they furnished customers at Mercedes-Benz of Tampa called the DuPont Registry. It features cars and homes I may never afford.
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 Posted 08/10/2020  4:07 pm  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
Sadly I didn't win any of the notes.
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 Posted 08/11/2020  1:15 pm  Show Profile   Bookmark this reply Add captaincoffee to your friends list Get a Link to this Reply
Wow...maybe I need to go back an take another look at any Pakistan currency I tossed in my foreign note folder.
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 Posted 08/14/2020  03:41 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
Fantastic. Is it safe to say that's an LGS?
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