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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 asset classes are a symptom of excess currency creation. As economist Milton Friedman famously noted...

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 creation. As economist Milton Friedman famously noted, “Inflation is always and everywhere a moneta...

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 exceptiona...

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 auctioneer's 2020 CSNS auctions and the highest total sold in the last five years. The sales offered more than 15,800 lots April 22-25 in Dallas where the auctions were relocated after the convention itself was cancelled....