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1934 New York $5000 bill brings $103,500 in Heritage Boston ANA Auction

Heritage Auction Galleries’ Signature® Currency Auction, held Aug. 11-15, including the non-floor session held on Aug. 15, contributed more than $3 million to the $46+ million total realization of Heritage’s official ANA World’s Fair of Money auction in Boston, MA.

Highlights from Session One included a possibly unique complete uncut sheet of 16 red and black Continental Currency January 14, 1779 Extremely Fine-About New, which realized $28,750. An outstanding New York November 1, 1709 (Lyon Dollars) 2 Ounces 15 Pennyweights or 4 Lyon Dollars PCGS Choice About New 55PPQ sold for $23,000, while a number of Mormon-related pieces had strong showings, including a rare countersigned Kirtland, OH- The Kirtland Safety Society Bank $2 March 9, 1837 G4 Wolka 1424-06 Nyholm 31 Rust 5 grading PCGS Apparent Very Fine 30, which brought $20,700.

National bank notes were offered during Session Two, where a Boston note brought the highest price – realizing $20,700 – a new to the census Boston, MA – $50 1875 Fr. 444a The State NB Ch. # 1028 PCGS Apparent Very Fine 20.

Also in the session two Territorial notes drew strong prices: a Roff, IT – $10 1882 Brown Back Fr. 490 The First NB Ch. # (W)5417 PMG Very Fine 25, unique as a Territorial from the bank, sold for $16,100, while an Enid, OT – $5 1902 Red Seal Fr. 588 The Enid NB Ch. # (W)8231 PMG Choice Fine 15, one of two known, also realized $16,100.

The highest price realized for a single note in the auction came in Session Three when the Fr. 2221-B $5000 1934 Federal Reserve Note PCGS Very Choice New 64PPQ crossed the auction to the tune of $103,500.

Another highly anticipated piece of currency was the “King of Errors” double denomination Fr. 2071-K $20/$10 1974 Federal Reserve Note PMG Choice Uncirculated 63, which soared to $32,200. Among the Large Size highlights was the Fr. 1217 $500 1922 Gold Certificate PMG About Uncirculated 55 EPQ, a spectacular note that sold for $66,125.

All prices realized include 15% Buyer’s Premium.

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About the Author

Heritage Auction Galleries is the world's largest collectibles auctioneer. Our 500,000+ members are a testament to our reputation for professional business practices and unprecedented knowledge in the field of collectibles. Our mission is to provide the Internet's most indispensable trading platform and source of information for serious collectors, investors and dealers.

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