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    Description

    Newly Reported High Grade $5,000

    Fr. 2221-G $5,000 1934 Federal Reserve Note. PMG Choice Uncirculated 64.
    A total of 6,600 1934 Chicago $5,000s were printed and issued. While New York and Chicago have plenty of survivors recorded in the census, attrition took its toll and high grade notes are far and few between. This Choice Uncirculated 64 example sits right near the top of the PMG census for the district, with no Gems reported in their population report. Embossing from the overprint is can be seen on the back. The margins are sufficient and even enough to give the note a Gem appearance. The creamy white paper is a perfect backdrop to the finely printed design elements. In our 2015 Central States Auction, we offered a 64 EPQ that sold for $164,500. It was bested by a Dallas (slightly more common in uncirculated grades) PMG 64 that settled at $211,500 in our 2016 Central States Auction.


    Auction Info

    Auction Dates
    September, 2016
    7th-12th Wednesday-Monday
    Bids + Registered Phone Bidders: 4
    Lot Tracking Activity: N/A
    Page Views: 1,297

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