Rare 1934 $10K Bill Sells for $480K, Breaking Record for Highest Price Paid for This Rare High-Denomination Note
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A rare $10,000 bill from 1934 sold for $480,000 at auction, setting a new record price for this denomination and series.
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The note was issued during the Great Depression and features Salmon P. Chase. Only 18 examples have been graded this high by PMG.
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The $10,000 bill was the highest denomination issued for public circulation. Notes above $500 were discontinued in 1969.
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The bill sold at auction had never actually circulated. The previous record for a 1934 $10,000 bill was $384,000.
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A rare 1899 $20 double eagle gold coin also sold for $468,000 in a parallel auction, one of only about 30 such coins believed to still exist.