$10,000 1934 FRN
a genuine, negotiable,
highest denomination issued for general circulation
a pinnacle achievement among collectibles
1 of 3 known—yet offered at no premium!
Every collector creates a mental checklist of fantasy items—trophies so rare, that despite the financial success of the individual, that obtaining one carries greater value than the actual cost of ownership. Among those who aspire to possess the finest in United States paper money, a genuine small size ultra-high denomination often tops the checklist.
Ownership not only brings immense personal pride and satisfaction to the collector, but also carries with it” bragging rights” when it is shown to friends and family. This is one of the few numismatic collectibles which is certain to quicken the pulse of even the most disinterested observer.
Far rare than most every sports or luxury car and available at a fraction of the price. Further, historically, ultrahigh denominations have maintained their value far better than any new automobile.
There are approximately 180 $10,000 notes recorded, of which 100 originated from the Binion’s horseshoe display in Las Vegas at the casino. Each of those notes was “processed” in one fashion or another, after having been removed from the display. Further, every one of those originated from the New York district. Some collectors prefer the history and pedigree associated with a Binion’s note, while many others prefer of the originality and scarcity found in other offerings.
Also, as a point of reference, there are less than 100 notes known from the $5000 denomination. At the current time there is no premium for the lower denomination.
Ultrahigh denomination notes are among the most liquid and easily salable types of United States currency. Market makers and ethical dealers support this subsection of the market to a great extent, and generate far less profit per transaction than most people would realize.
This note has been independently authenticated and graded by:
Choice Extremely Fine 45, net
Comment is "restoration” reflecting tiny amount of skilled archival work confined to the left margin
$10,000 was a staggering sum of money in 1934 when this was issued. The average worker in the United States made $1600 per year. The average cost of a brand-new home in this country was just under $6000. According to the CPI $10,000 in 1934 yields a buying power in excess of $175,000 in 2012.
SORRY, this SPECTCUALR ULTRA-HIGH DENOMINATION has already been placed into another collection. We do buy and sell $10,000s and $5,000s on a regular basis. Please inquire.