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High denomination notes reaching higher prices in auctions

A mid-September paper money auction by Heritage reflects the generally increasing interest in high denomination notes, as prices realized rose well above previous benchmarks.

Celebrating 50 Years

Celebrating 50 Years
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Iraq tackles Corruption in Currency Auctions | Iraq Business News

By John Lee. The Iraqi Cabinet held its weekly meeting on Tuesday under the chairmanship of Prime Minister Mustafa Al-Kadhimi. Addressing the meeting, the Prime Minister said the reserves of the Central Bank of Iraq (CBI) have increased by $4 billion, adding that the government has been able to tackle what it describes as "the […]

United States $10,000 Federal Reserve Note Realizes Record Price of $456,000

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 Series notes are known to have survived, including two in museums, according to Heritage. This exceptionally rare piece is also the first of these notes known from the Kansas City District. The $456,000 price set a new record for a piece of

Nearly $400,000 For Del Monte-Stickered $20 Bill Sets World Record at Heritage Auction

Nearly $400,000 For Del Monte-Stickered $20 Bill Sets World Record at Heritage Auction $20 bill featuring a Del Monte banana sticker to nearly $400,000 USD at a public auction of rare U.S. currency held by The coveted banknote error sold to a bidder competing on Heritage’s live bidding platform, HA Live. Pre-auction bidding lifted the bids to $210,000. From there, the winning bidder outlasted a determined phone bidder and two other live internet bidders, to push the final winning auction price to $396,000. The price sets a world record for any error banknote ever sold. This was just the third time the note had been offered at public auction since its discovery in 2004.

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