There are currently no items available for purchase in this Department. Search our Auction Archives below to find item values.

Fr. 2221-K $5000 1934 Federal Reserve Note. PCGS Very Choice New 64PPQ.. ...

2012 October 17-23 ANA Currency Signature Auction- Dallas #3520

Sold for: Sign-in or Join (free & quick)
Claim Item: Sign-in or Join (free & quick)
Auction Ended On: Oct 19, 2012
Item Activity: 5 Internet/mail/phone bidders
4,305 page views
Location: Dallas Convention Center
650 S. Griffin Street
Dallas, TX 75202

Lovely and Original Uncirculated Dallas $5000
Fr. 2221-K $5000 1934 Federal Reserve Note. PCGS Very Choice New 64PPQ.
A little more than six years ago, a small cache of seven Dallas $5000s were discovered and offered to collectors. The group included some of the nicest examples of the denomination now available to collectors and they were quickly ensconced in collections. This piece was one of the examples that never saw public auction until now.

Though one finer example from this district has been graded, this is the lone and highest graded example to be offered at auction. As with all the 1934 $5000s printed for the Dallas Federal Reserve, this piece features a lime green overprint. The color is vivid and the two digit serial number K00000055A is a subtle reminder of how few high denomination notes were printed for each district. In this case, the print run was just 2400 notes. Since they were mainly used in bank-to-bank transactions, most were redeemed at the Treasury when cash reserve requirements were lowered and other advancements were made in transferring funds from one bank to another. Each of the margins is full and individually worthy of a Gem grade. The embossing and original paper wave is easy to see even in the confines of the third party holder. Some minor handling is noted and likely the deciding factor keeping it from a full Gem grade. It is typical of many high denominations that spent most of their life in bank vaults only to be counted by bank clerks during audits. No finer $5000s have been offered by us in at least four years, and the last similarly graded example was a PCGS Very Choice New 64PPQ from New York that cracked the $130,000 mark in our 2011 September Long Beach Signature Auction. This is a lovely $5000 that is rarely available in any finer condition.
From The John Henderson Collection

View all of [The John Henderson Collection ]
View large image(s) of this item

Service and Handling Description: Coins & Currency (view shipping information)

Sales Tax information  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Other Available Items:

Bid Now on Items Just Like This One

Lot Bidding Ends Current Bid
Auction 3531, Lot 21714 Friday, January 9, 2015 $90,000.00
View items up for auction that match this item in other grades.

Guides and Pricing Information:

Previous Prices from Heritage Auctions
or Join (free & quick)
Price Guide
or Join (free & quick)
Population Guide
or Join (free & quick)
Find Auction Prices for Comparable Items:

Sign-in or Join (free & quick) to see the full image

Open For Bidding
Coming Soon
sold in the last year
  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your
Consign to the 2015 April 9 - 13 CSNS World Currency Signature Auction - Chicago.
Learn About Consigning With Us
I am very satisfied with the way you took care of the sale, exhibiting the pieces and the page in your catalog. I will be recommending HA to my friends.
Sharon Cohen,
Pasadena, CA receives more traffic than any other auction house website. To compare for yourself, visit:
2014 September 4 - 8 Long Beach Expo World Currency Signature Auction - Long Beach
2014 September 4 - 8 Long Beach Expo World Currency Signature Auction - Long Beach
REALIZED $1,817,724
You could win!
Take the Survey