High-denomination Notes Certified by PMG Soar in Chicago

Notes certified by Paper Money Guaranty (PMG) led the way at a Heritage Auctions sale of US currency in late April 2019, with a PMG-certified 1928 $5,000 Federal Reserve Note - Atlanta as the top lot, realizing $156,000. With a grade of PMG 35 Choice Very Fine, the note is the finest of the four examples of that date, denomination and branch in the PMG Population Report.

1928 $5,000 Federal Reserve Note - Atlanta, graded PMG 35 Choice Very Fine. Realized: $156,000 Click image to enlarge.

Eight of the top 10 lots in the sale were certified by PMG, including the second- and third-highest lots, both graded PMG 55 About Uncirculated: a 1934 $5,000 Federal Reserve Note - Richmond that realized $144,000 and a 1934 $10,000 Federal Reserve Note - Chicago that realized $114,000.

Meanwhile, in a separate Heritage Auctions sale of world currency (also held during the Central States Numismatic Society convention in the Chicago area), 17 of the top 20 prices realized were for PMG-certified lots. These included six Canadian notes that each realized more than $20,000 (USD).

Dominion of Canada 1911 $1,000 Specimen, graded PMG 64 Choice Uncirculated Realized: $31,200 Click image to enlarge.

A Dominion of Canada 1911 $1,000 Specimen, graded PMG 64 Choice Uncirculated, realized $31,200, while a Canada (Home Bank of Canada) 1920 $5 - Toronto, Ontario, graded PMG 15 Choice Fine, realized $20,400. (Learn more about this rare note here.)

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

• Lot 21112 - 1934 $5,000 Federal Reserve Note (Chicago), graded PMG 30 Very Fine. Realized: $72,000.
• Lot 21077 - 1922 $1,000 Gold Certificate, graded PMG 35 Choice Very Fine EPQ. Realized: $66,000.
• Lot 21058 - 1891 $20 Silver Certificate, graded PMG 67 Superb Gem Uncirculated EPQ. Realized: $50,400.
• Lot 21009 - Confederate States of America 1861 $5, graded PMG 63 Choice Uncirculated EPQ. Realized: $48,000.
• Lot 21074 - 1922 $500 Gold Certificate, graded PMG 35 Choice Very Fine EPQ. Realized: $43,200.

Other PMG-certified US highlights in the Central States World Currency sale (April 25-29) included:

• Lot 28632 - Canada - Bank of New Brunswick 1903 $10, graded PMG 40 Extremely Fine EPQ. Realized: $26,400.
• Lot 28629 - Canada - St. Stephens Bank 1886 $3, graded PMG 58 Choice About Uncirculated EPQ. Realized: $26,400.
• Lot 28541 - Dominion of Canada 1870 $2, graded PMG 20 Very Fine. Realized: $26,400.
• Lot 28680 - Curacao - 1954 500 Gulden, graded PMG 30 Very Fine. Realized: $24,000.
• Lot 28631 - Canada - Bank of New Brunswick 1868 $5, graded PMG 20 Very Fine. Realized: $20,400.