PMG-certified $5,000 Federal Reserve Note Expected to Sell for Six Figures in World Banknote Auctions Sale

A $5,000 Federal Reserve Note is at center stage in an auction of more than 200 US notes certified by Paper Money Guaranty® (PMG®). Bidding is already underway for the World Banknote Auctions US Currency Sale 1, being held on February 24, 2023.

Leading the sale is a 1934 $5,000 Federal Reserve Note (Dallas) graded PMG 64 Choice Uncirculated (lot 1164), with an estimate of $200,000 to $300,000. High-denomination notes like these were typically used for transactions between financial institutions, but they are physically the same size as the paper money in Americans’ wallets today. Only 28 $5,000 notes from Dallas are known to exist, according to the auction house. The PMG Population Report lists 19 examples of this note, with only five graded higher.

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Meanwhile, the auction also features a PMG-certified group of a dozen $10 Federal Reserve Notes with Solid-9 Serial Numbers (lot 1146). Learn more about this lot, which has an estimate of $150,000 to $250,000, here.

Other PMG-certified highlights in this auction include:

• an 1869 $5 Legal Tender Note graded PMG 64 Choice Uncirculated EPQ (lot 1074) with an estimate of $6,000 to $8,000
• an 1890 $5 Treasury Note graded PMG 63 Choice Uncirculated (lot 1090) with an estimate of $4,000 to $6,000
• a 1928E $1 Silver Certificate graded PMG 25 Very Fine (lot 1109) with an estimate of $8,000 to $12,000
• a 1928 $1 Legal Tender Note graded PMG 30 Very Fine (lot 1100) with an estimate of $6,000 to $8,000
• a 1928 $500 Federal Reserve Note (Atlanta) graded PMG 58 Choice About Uncirculated (lot 1161) with an estimate of $3,000 to $5,000
• a 1934 $1,000 Federal Reserve Note (Kansas City) graded PMG 58 Choice About Uncirculated (lot 1163) with an estimate of $5,000 to $6,000
• a 1981 $1 Federal Reserve Note (St. Louis) with a Doubled Print Error graded PMG 35 Choice Very Fine (lot 1185) with an estimate of $3,000 to $5,000
• a 1977 $10 Federal Reserve Note (Chicago) with a Doubled Print Error graded PMG 58 Choice About Uncirculated EPQ (lot 1186)
• a 2009 $1 Federal Reserve Note (Atlanta) with Serial Number 1 graded PMG 50 About Uncirculated EPQ (lot 1128) with an estimate of $4,000 to $6,000
• a 2017A $100 Federal Reserve Note (New York) graded PMG 70★ Gem Uncirculated EPQ (lot 1160) with an estimate of $3,000 to $5,000

All estimates are provided by the auction house.