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Lot 13048 |
Fr. 2221-B $5000 1934 Federal Reserve Note. PCGS Very Choice New 64PPQ.. ...
2010 August Boston, MA Signature ANA Currency Auction #3511
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Bid Information
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For example: On Tuesday, you bid $1500 against Bidder A's Maximum Bid of $1000, raising Current Bid to $1100. Then on Thursday, Bidder B, seeing a Current Bid of $1100, guesses the final price and decides to bid $1501, outbidding your Maximum Bid by $1. You would now have to bid $1600 through Heritage Internet bidding or $1550 on Heritage Live (if available for the auction) to possibly win that lot. Next time, maybe you'll bid $1502 and outbid Bidder B by $1!
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What's This?
The owner of this item has indicated that they would sell this item at the amount, although their acceptance of your offer is required before the item can be purchased.Our Auction Results Archives now allow our members to make anonymous offers on items that may not be auctioned again for some time. Please note that the winner of this Heritage auction lot may or may not still own this item and may or may not be willing to sell.
This Make Offer to Owner (MOTO) program is still in the Beta Test phase, and we would appreciate any suggestions to help us improve our system. Please email your suggestions to Webmaster@HA.com.
Heritage retains 10% of the total price as its commission (compared with a 12%-25% Buyer's Premium charged on auction transactions), from which Heritage absorbs all credit card/PayPal costs. This service is free to the buyer (no Buyer's Premium), includes a 7 day return policy, and protects the identity of both parties. Because no Buyer's Premium is charged on Make Offer to Owner transactions, auction consignment discount coupons are invalid.
Our software allows offers and counter-offers, but we suggest making your best offer the first time as most owners will not respond to low offers at all. You will receive a response or no-response email from Heritage within 72 hours.
BP - Buyer's Premium
A Buyer's Premium will be added to each successful bid. For this sale: 15% of the successful bid (minimum $14) per lot. Please see #2 in our Terms & Conditions.Not Sold
This indicates an item that did not sell at auction because it did not receive bids equal to or greater than the reserve (minimum bid) amount set by the consignor, or the opening bid.Opening Bid
The opening bid is the minimum amount required to begin bidding, and is generally a percentage of the low estimate.
| Sold for: |
$103,500.00
(includes BP  ) Bid Source: Live: Floor bidder |
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| Make Offer: |
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| Auction Ended On: | Aug 13, 2010 | |
| Item Activity: |
5 Internet/mail/phone bidders
7,145 page views |
Description:
Stunning 1934 New York $5000 FRN PCGS Very Choice New 64PPQ
Fr. 2221-B $5000 1934 Federal Reserve Note. PCGS Very Choice New 64PPQ.Embossing of the vibrantly colored serial numbers is seen through the PCGS holder. The paper is crisp and looks as bright as the day it was printed. Registration of the front and back design is perfect, though a couple millimeters too high in the frame lines for a full Gem grade. Few $5000 and $10000 notes survived their minor run in circulation without some minor blemish that would prevent them from earning a Premium Paper Quality or Exceptional Paper Quality designation from a third party grading service. This note however, is one of the few, beautifully original ultra high denomination notes available to collectors. Since 2008, we have handled only one other example in Uncirculated condition to earn an EPQ or PPQ designation. That piece, a PMG graded 64 EPQ from Chicago sold for $126,500 in our September 2009 Long Beach Signature Auction. We have sufficient enough auction records to support a rising trend in prices of late for circulated $5000s and $10000s. With Chicago 1934 $5000s outnumbering New York examples by a factor of 3 to 1, and the realization in late 2009 strong in our memories, we see no reason why this note cannot easily reach or exceed...
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Service and Handling Description: Coins & Currency (view shipping information)
Guides and Pricing Information:
Previous Prices from Heritage Auctions
| Lot | Date | Realized |
|---|---|---|
| Auction 3514, Lot 16874 | Monday, September 12, 2011 | $132,250.00 |
| Auction 3508, Lot 14131 | Monday, January 11, 2010 | $86,250.00 |
| Auction 3505, Lot 14129 | Sunday, May 3, 2009 | $103,500.00 |
| Auction 374, Lot 15616 | Saturday, May 7, 2005 | $51,750.00 |
| Auction 364, Lot 16601 | Saturday, February 19, 2005 | $69,000.00 |
| View prices realized on more items like this (you must be signed in) | ||
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PLEASE NOTE:
All prices realized reflect the final hammer price PLUS the buyer's premium
in auctions that charge a buyer's premium.
Each item has a notation at the top of the listing indicating whether that lot included a buyer's premium.
All information listed is intended to be as accurate as possible, but errors are possible.
Please use this guide carefully and inform us of any inaccuracies.
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BP - Buyer's Premium
A "Buyer's Premium" is charged in addition to the successful bid according to the rate defined in our terms and conditions.Population Guide
| Service | Grade | Population in this Grade |
Population of All Higher Grades |
Population in All Grades |
|---|---|---|---|---|
| PCGS | Very Choice New 64PPQ | 0 | 0 | 2 |
| PMG | Choice Uncirculated 64 EPQ | 0 | 0 | 4 |
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