Rare $10K Bill Auctioned For Massive Amount
A $10,000 bill that was printed back in the Great Depression era has been auctioned off for more than 40 times its face value. The rare 10K bill was auctioned for a massive amount. The auctioneer has revealed that the rare 1934 bill received a winning bid of $480,000. It happened at an event at Heritage Auctions in Dallas.
WLKY said the piece of currency features the face of President Abraham Lincoln’s secretary of the treasury, Salmon P. Chase.
Vice president of currency at Heritage Auctions Dustin Johnston said, “Large-denomination notes always have drawn the interest of collectors of all levels. The $10,000 trails only the $100,000 gold certificate issued in 1934, and this example is tied for the highest-graded.”
According to the Museum of American Finance website, the $10,000 bill was the highest denomination note to ever circulate publicly. The $100,000 bill was only used to transfer funds between Federal Reserve banks,
According to Heritage Auctions, this note was never in circulation,
If you owned a rare $10,000 bill, what would you do with it?
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