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1934 $5,000 Federal Reserve Note Chicago PMG About Uncirculated 53 Net

Currency:USD Category:Coins & Paper Money / Paper Money - United States Start Price:1.00 USD Estimated At:95,000.00 - 110,000.00 USD
1934 $5,000 Federal Reserve Note Chicago PMG About Uncirculated 53 Net
NOT SOLD (BIDDING OVER), HIGH BID WAS
19,000.00USD+ applicable fees & taxes.
This item WAS NOT SOLD. Auction date was 2017 Feb 11 @ 08:00UTC-8 : PST/AKDT
One 1934 $5,000 Federal Reserve Note Chicago PMG About Uncirculated 53 Net. Series 1934 $5,000s were printed in very limited quantities from the 1930s into the 1940s. A mere 6,600 notes were printed and released through the Chicago Federal Reserve and survivors are few, since they were used primarily in bank to bank transactions, redemption was almost automatic, leaving less than 1/2% unredeemed according to Treasury records. Many more were destroyed or lost, reducing the number of possible survivors even smaller. This example displays a bright, lime green overprint. The bright green overprint is typically seen on the lowest serial numbered high denominations, indicating different print runs were used, and this was from one of the first runs. This is an amazing piece of history and would make a great addition to any collection. PMG Certified.