Page 5 - Reserve Notes News Today

By Christopher Dahncke - Currency Auction Associate, Stack's Bowers Galleries ...... The November 2021 Official Auction of the Whitman Coin &

By Stefan Gleason web posted May 10, 2021 Is it a temporary blip… or the beginning of a long-term trend? That’s the key question facing consumers, investors, and retirees when it comes to inflation. There’s no denying that inflation pressures have picked up dramatically over the past 12 months. Price spikes in commodities including copper, grains, gasoline, and lumber tell the story – as do the raging bull markets in equities and housing. Rapidly rising prices across an array of ...

Is it a temporary blip… or the beginning of a long-term trend? That’s the key question facing consumers, investors, and retirees when it comes to inflation. There’s no denying that inflation pressures have picked up dramatically over the past 12 months. Price spikes in commodities including copper, grains, gasoline, and lumber tell the story – as do the raging bull markets in equities and housing. Rapidly rising prices across an array of asset classes are a symptom of excess currency c...

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 Serie...

Central States auctions surpass $47 million at Heritage First Reported Kansas City District 1928 $10,000 Note. Sold on Apr 23, 2021 for: $456,000.00. DALLAS, TX .- Fresh-to-market coins and historical rarities pushed Heritage Auctions Central States Numismatic Society (CSNS) event to $47,783,690 across several sales of U.S. coins and currency, a 42 percent increase from the auctioneers 2020 CSNS auctions and the highest total sold in the last five years. The sales offered more than 15,800 lots ...

Collect Historic Paper Money Designs in New Release From JM Bullion United States sought to create paper currency designs that were worthy of attention and awe. While most of these notes have been lost to history–with the few remaining specimens in the hands of avid collectors–options are not lost for modern collectors. Private mints have taken advances in high-definition imaging to recreate some of the nation’s greatest note designs on modern Federal Reserve Notes. Ideal for collectors,...

Longtime gold bashers are gloating over the precious metal’s recent price slump. Gold prices have declined more than 10% in the first quarter of 2021. But the perma-bears shouldn’t feel vindicated. After all, anyone who heeded their advice missed out on gold’s record run in 2020 – and on many years of outperformance since 2001. While gold bugs are often accused of having an unhealthy obsession with the metal, the “anti-gold” bugs reveal a deep-seated bias that can only be ...

From Gold to Greenbacks: A Look at the US Dollar’s Devaluation, Manipulation and Militant Backing 228 years ago the U.S. dollar was created and ever since then, the national currency has been both powerful and controversial at the same time. Moreover since 1971, after being backed by precious metals for decades, American dollars have been backed by nothing and estimates say a quarter of the U.S. monetary supply was created in 2020 alone. The U.S. dollar conflict has led ...

In 2017, four states had laws in place that expressly recognize gold and silver coins as legal tender: Colorado, Missouri, Oklahoma, and Utah. Since that time, nine more have joined them. [...]

PMG Certifies Famous “Del Monte” $20 Error Note Offered by Heritage “Del Monte” error note – a 1996 $20 Federal Reserve Note printed over a Del Monte banana sticker! The incredible “Del Monte Note” is being offered by FUN Currency Sale, which has been rescheduled for January 21-25, 2021. Bidding is now open. “I have seen a lot of numismatic errors, but this one is in a league of its own. You can’t help but smile when you look at it,” said Mark Salzberg, Chairman of PMG. ...