PMG-graded Rarities Featured in Heritage Currency Auctions

PMG-graded notes in high-dollar US denominations are expected to realize high-dollar amounts in a Heritage Auctions sale being held in late April. Meanwhile, PMG-certified rarities from Canada and India are among the highlights in a related world currency auction. Both sales are being held in the Chicago area amid the Central States Numismatic Society show.

1934 $5,000 Federal Reserve Note (Richmond), graded PMG 55 About Uncirculated. Click imaged to enlarge.

A scarce 1934 $5,000 Federal Reserve Note (Richmond), graded PMG 55 About Uncirculated, has an estimate from the auction house of $120,000 to $150,000. Meanwhile, a 1934 $10,000 Federal Reserve Note (Chicago), also graded PMG 55 About Uncirculated, has an estimate of $100,000 to $120,000.

The $5,000 and $10,000 were the largest denominations of Federal Reserve Notes ever printed. They feature President James Madison and Civil War Treasury Secretary Salmon P. Chase, respectively. None were printed after 1945, and only a few hundred of each denomination survive today, making them highly coveted by collectors.

Other PMG highlights in the Central States Currency sale (April 24-29) include:

• Lot 21110 - 1928 $5,000 Federal Reserve Note (Atlanta), graded PMG 35 Choice Very Fine; estimate: $90,000 to $110,000
• Lot 21112 - 1934 $5,000 Federal Reserve Note (Chicago), graded PMG 30 Very Fine; estimate: $65,000 to $75,000
• Lot 21077 - 1922 $1,000 Gold Certificate, graded PMG 35 Choice Very Fine EPQ; estimate: $60,000 and up
• Lot 21009 - Confederate States of America 1861 $5, graded PMG 63 Choice Uncirculated EPQ; estimate: $50,000 to $100,000
• Lot 21058 - 1891 $20 Silver Certificate, graded PMG 67 Super Gem Uncirculated EPQ; estimate: $50,000 and up

PMG highlights in the Central States World Currency sale (April 25-29) include:

• Lot 28554 - Dominion of Canada 1911 $1,000 Specimen, graded PMG 64 Choice Uncirculated; estimate: $30,000 to $40,000

1920 Canada (Home Bank of Canada) $5, graded PMG 15 Choice Fine. To learn more about this note, click here. Click image to enlarge.

• Lot 28643 - Canada (Home Bank of Canada) 1920 $5 - Toronto, Ontario, graded PMG 15 Choice Fine; estimate: $15,000 to $25,000
• Lot 28594 - Canada (Canadian Bank of Commerce) 1921 5 Pounds - Kingston, Jamaica, graded PMG 45 Choice Extremely Fine; estimate: $15,000 to $20,000
• Lot 28109 - India ND (1930) 50 Rupees - Cawnpore, graded PMG 30 Very Fine; estimate: $15,000 to $20,000
• Lot 28807 - Singapore ND (1980) 10,000 Dollars, graded PMG 55 About Uncirculated EPQ; estimate: $15,000 to $20,000

All estimates are provided by the auction house.