Rare 1934 $10,000 Bill Sells for Record $480,000 at Dallas Auction
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A rare $10,000 banknote from 1934 sold for a record $480,000 at auction in Dallas. It had the highest grading and is one of only 18 such bills.
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The note featured President Lincoln's treasury secretary and was the highest denomination issued for public circulation.
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Previously, the U.S. issued $500, $1,000, $5,000 and $10,000 bills before discontinuing high denominations in 1969.
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A rare 1899 $20 double eagle gold coin also sold for $468,000 at the same auction. Only 84 such coins were made.
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The auction also featured a $5,000 bill from 1934 that fetched $300,000. The event totaled over $15 million in sales.