1/9/25 4:11 AM
Gold: $2,665.00
Silver: $30.26
Platinum: $954.51
Palladium: $922.20
G/S: 88.07
Pt/G: 0.36
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Lot #: Go
Lot Title: 1934 $5,000 Kansas City Fr# 2221-J - PMG ChCU-63/paper pull/internal tear
Lot Number: 224
Description: Morals And Liberty Collection. Serial number: J00000030A. That the cataloger could find no reference to this SN in certified grade should come as no surprise as this $5000, one of the truly inspiring prizes for a paper money collector, has been off the market for many decades as it spent all this time in a local collection. After the $10,000 bill, the $5,000 bill was the second highest denomination ever released by the United States for public consumption, but the best information the cataloger could find suggests that well under 200 are known to exist today. That number increases with introduction of this CU63 example.

PMG lists the grade as strictly 63 / Choice Uncirculated, but the back of the holder mentions "Paper Pull, Internal Tear". The anomaly can be readily seen without visual aid at the center of the top margin. Fortunately, since the note resided in the hands of a true collector for so long, no attempt has been made to effect a repair, meaning no other alterations to the original paper and color would have been necessary to disguise such an alteration. Neither side was perfectly centered as-printed, the front leaning towards the right and the back opposite of that.

The denomination was discontinued in 1945 and incorporated advanced (for the time) anti-counterfeiting technology. Exquisite refinement of the ornate design included intricate microprinting, ultra-fine engraving lines and an overall complex (and deceptively so) design that would be difficult to replicate. Nevertheless, the extremely high denomination had a reputation for use in money-laundering and other unsavory financial activities. Realizing that $5,000 in 1934 adjust for inflation equates to over $117,000 in 2024 dollars helps crystallize the appeal of this monumental offering.
Certification: 2358647-001
Estimate: $150,000-$200,000
Lot Status: Bidding has been closed for this lot.
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Hammered Price: $155,000
Price Realized: $182,900

Please Note: An 18% Buyers' Premium is added to the hammer price of all lots in this sale.

1934 $5,000 Kansas City Fr# 2221-J - PMG ChCU-63/paper pull/internal tear
1934 $5,000 Kansas City Fr# 2221-J - PMG ChCU-63/paper pull/internal tear