United States $10,000 Federal Reserve Note Realizes Record Price of $456,000
Paper Money Guaranty (PMG) realized a record-setting
$456,000 in a sale presented by
Heritage Auctions. Three other PMG-graded notes also realized prices over $100,000 at the
Central States Currency Signature Auction, held April 21-23, 2021.
The
1928 $10,000 Federal Reserve Note (Kansas City) graded PMG 30 Very Fine (lot 22175) nearly doubled its pre-auction estimate of $250,000 and up. Only 10 of these 1928 Series notes are known to have survived, including two in museums, according to Heritage. This exceptionally rare piece is also the first of these notes known from the Kansas City District.
The $456,000 price set a new record for a piece of