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Consecutive Pair Of $5,000 Dollar Bills Leads Lots In ANA Auction

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CCFPress's Avatar
United States
1420 Posts
 Posted 08/22/2016  3:48 pm Show Profile   Bookmark this topic Add CCFPress to your friends list Get a Link to this Message Number of Subscribers
Numismatic News - A consecutive pair of 1934 $5,000 Federal Reserve Notes, Fr. 2221-E, were the stars of the Stack's Bowers Galleries sale held Aug. 10 at the American Numismatic Association's World's Fair of Money in Anaheim, Calif.

Bringing $258,500, the auction lot description noted of the pair, "This consecutive pair of 1934 $5000's from the Richmond district could very well be one of the most important High Denomination notes this hobby has ever seen. Not because of the sequential order, but because we believe that the second note of this pair is a replacement." Unlike other denominations, where replacement notes have stars added to the serial number, "it was more cost effective to reissue the same exact serial number of the damaged note at a later time period when the blueish/green seals were being issued."

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amrys's Avatar
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 Posted 08/22/2016  4:12 pm  Show Profile   Bookmark this reply Add amrys to your friends list Get a Link to this Reply
The color of the seal of the so called replacement note is much too strange...
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SteveInTampa's Avatar
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 Posted 08/22/2016  6:59 pm  Show Profile   Bookmark this reply Add SteveInTampa to your friends list Get a Link to this Reply
It never fails to amaze me.......the money realized on paper currency.
Over 99% of the population then and now have never seen this note in person.
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CelticKnot's Avatar
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 Posted 08/22/2016  8:08 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
Amazing notes indeed!

Being a currency grader has got to be pretty thrilling when something like that crosses your desk.
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ckrakowski's Avatar
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 Posted 08/22/2016  8:12 pm  Show Profile   Bookmark this reply Add ckrakowski to your friends list Get a Link to this Reply
I have a hard time believing these are consecutive because you can not see the serial number on the second bill.
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bobby131313's Avatar
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 Posted 08/23/2016  08:36 am  Show Profile   Bookmark this reply Add bobby131313 to your friends list Get a Link to this Reply

Quote:
I have a hard time believing these are consecutive because you can not see the serial number on the second bill.


This is Stacks-Bowers, you can bet your house they are exactly as they say.
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