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Press Release - August 19, 2015

Rare Federal Reserve notes lead Currency Platinum Night at Heritage’s $46+ Million Chicago ANA Auctions

A newly discovered $10,000 note, a $10,000 note from the famed Binion's Horseshoe Casino display and a high grade $5,000 note realized identical $129,250 prices realized to top Chicago auction held in conjunction with the Summer ANA Convention

1934 Federal Reserve Note
CHICAGO — A trio of rare and sought-after high denomination Federal Reserve notes all realized identical $129,250 prices as the top trio of lots in Heritage Auctions' $1.82+ million Aug. 13, 2015 ANA Currency Platinum Night Auction in Chicago.

The trio was constituted of a newly discovered Fr. 2231-B $10,000 1934 Federal Reserve Note PCGS Apparent Extremely Fine 40, a Choice Uncirculated Binion Fr. 2231-B $10,000 1934 Federal Reserve Note PCGS Choice New 63, from the famed Binion's Horseshoe Casino display and a high grade Fr. 2221-B $5,000 1934 Federal Reserve Note PCGS Choice New 63.

"The top lots in the auction were indicative of continued demand for rarities and notes in top grades," said Dustin Johnston, Director of Rare Currency at Heritage Auctions. "The top collectors responded to the material with enthusiastic bidding, just as we would expect at an ANA auction."

Two other notes in the auction topped the six figure mark: an original and attractive Kansas City Fr. 2221-J $5,000 1934 Federal Reserve Note PCGS Extremely Fine 45PPQ, a very rare circulated ultra-high note, realized $111,625, while a Fr. 2407 $500 1928 Gold Certificate PMG Gem Uncirculated 65 EPQ proved very resilient at $105,750.

Further highlights include, but are not limited to:

Fr. 1180 $20 1905 Gold Certificate PMG Gem Uncirculated 66 EPQ: Realized $54,050.

Fr. 163 $50 1880 Legal Tender PMG Very Fine 30 Net: Realized $54,050.

Fr. 288 $10 1880 Silver Certificate PCGS Gem New 65PPQ: Realized $39,950.

Fr. 2408 $1,000 1928 Gold Certificate. PMG Choice About Uncirculated 58 EPQ: Realized $37,600.

Fr. 360 $5 1890 Treasury Note PMG Very Fine 30: Realized $37,600.

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