{"id":2042995,"date":"2023-09-24T06:26:02","date_gmt":"2023-09-24T10:26:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/great-depression-10000-bill-fetches-480000-at-auction\/"},"modified":"2023-09-24T06:32:06","modified_gmt":"2023-09-24T10:32:06","slug":"great-depression-10000-bill-fetches-480000-at-auction","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/great-depression-10000-bill-fetches-480000-at-auction\/","title":{"rendered":"$10,000 bill from Great Depression sells for $480,000 at auction."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fgreat-depression-10000-bill-fetches-480000-at-auction%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2042995&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>A Rare $100,000 Bill\u200c Sells for a Whopping $480,000 \u2064at \u200dAuction<\/h2>\n<p>In a thrilling auction, a $100,000 bill from the Great\u2062 Depression\u200b era has\u200b fetched an astonishing $480,000. This exceptional 1934 Federal Reserve note, certified by the Paper Money Guaranty, was deemed to be of Exceptional\u2062 Paper Quality.<\/p>\n<p>The bill, featuring\u200c the \u2062image of former Secretary \u200dof the Treasury Salmon P. Chase, who served under President Abraham \u2064Lincoln, was sold through Heritage Auctions. It took center stage at the Long Beach\u2062 Expo currency auction\u200b and achieved a record-breaking sale \u2064price.<\/p>\n<h3>A Coveted Collectible<\/h3>\n<p>&#8220;Large-denomination notes always have drawn the interest\u2062 of collectors of all levels,&#8221; said Dustin Johnston, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/new-criminal-investigation-ramps-up-over-attempts-to-overturn-2020-election\/\" title=\"Intensified probe into election overturn attempts.\">vice\u200c president<\/a> of currency at Heritage Auctions. &#8220;The $10,000 trails only the $100,000 gold certificate issued \u200bin 1934, and of the 18 examples graded \u200dby PMG, this example is tied for the highest-graded.&#8221;<\/p>\n<p>This remarkable \u2064bill surpasses the previous sale of a 1934 $100,000 bill, which\u200b went for \u200d$384,000 in September \u200c2020. According to Johnston, the most <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/great-depression-10000-bill-fetches-480000-at-auction\/\" title=\",000 bill from Great Depression sells for 0,000 at auction.\">recent record-setting note<\/a> is &#8220;an absolute prize that will command a share of \u200dthe spotlight in its new collection home.&#8221;<\/p>\n<h3>A Piece of Monetary History<\/h3>\n<p>The $100,000 bill holds a significant place in history as the highest denomination note ever circulated publicly. Its purpose was to facilitate fund transfers \u200cbetween banks of the Federal Reserve, as explained by the Museum of American Finance.<\/p>\n<p>Don&#8217;t miss out on more fascinating stories like this. <strong><a href=\"https:\/\/www.washingtonexaminer.com\">Click here<\/a><\/strong>  \u200dto read more from The Washington\u2062 Examiner.<\/p>\n<p> <\/p>\n<h2> What was the final auction price for the 1934 \u2063$100,000 bill and how does it compare \u2064to \u200bprevious sales?<\/h2>\n<p><span>  In\u2064 a thrilling auction, a $100,000 bill from the Great Depression \u2062era has recently fetched an astonishing $480,000. This exceptional 1934 Federal Reserve note, certified by the\u200b Paper Money Guaranty, was deemed to\u200c be of \u2064Exceptional Paper \u200cQuality.<\/p>\n<p>The bill features \u2064the image of former Secretary of the Treasury\u200b Salmon P. Chase, who served under President Abraham\u2064 Lincoln, \u2062and was sold through Heritage Auctions. It took \u200ccenter \u2063stage at the Long Beach Expo currency auction and\u200b achieved a record-breaking sale price.<\/p>\n<p>&#8220;Large-denomination notes\u2064 always have \u200cdrawn \u200cthe interest \u2062of collectors of all\u200b levels,&#8221;\u200d said Dustin Johnston, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/hunter-biden-defector-emails-pipeline-to-obama-admin-seen-as-currency\/\" title=\"Hunter Biden Defector Emails: 'Pipeline' to Obama Admin Seen as 'Currency'\">vice president<\/a> \u200dof currency at Heritage Auctions. &#8220;The \u2064$10,000 trails only the $100,000 gold certificate issued in\u2064 1934, and of the 18 examples graded by PMG, this example is tied for \u200cthe \u200bhighest-graded.&#8221;<\/p>\n<p>This remarkable bill surpasses \u2063the previous sale \u2063of a \u20631934 $100,000 bill, which went for $384,000 in\u200d September \u20642020. According to Johnston, the most recent record-setting note is &#8220;an absolute prize \u200dthat will command a\u2064 share of the \u2062spotlight in its new collection home.&#8221;<\/p>\n<p>The\u2063 $100,000 bill holds a significant place in history as the \u200dhighest denomination\u2062 note ever circulated publicly. Its purpose was to facilitate fund transfers between banks of the Federal Reserve, as explained \u2064by the Museum of American Finance.<\/p>\n<p>Collectors and enthusiasts alike continue to \u200bbe drawn to \u2064rare and valuable pieces of \u2062monetary history. The sale of this $100,000 \u200bbill serves as a testament to the enduring interest in and appreciation for unique and \u2064valuable collectibles. Items like these\u2064 not \u2064only hold intrinsic historical\u200c and monetary value but also offer glimpses into the economic and political landscapes of\u2062 their respective eras.<\/p>\n<p>As more and more collectors seek out\u200c exceptional pieces like this $100,000 bill, it becomes increasingly\u2064 important to preserve and document these artifacts \u200cfor future generations.\u200b Auctions and exhibitions provide \u200bplatforms for these rare and valuable items to be showcased and properly appraised.<\/p>\n<p>In\u200c conclusion, the sale of the $100,000 bill\u2062 for an \u2064astounding \u200c$480,000 \u200dat auction highlights the timeless appeal and enduring value \u200cof rare and historical currency. As individuals continue to appreciate and\u2063 seek out rare collectibles, it is through these auctions that significant pieces of history find new homes and continue \u200bto be cherished \u200cfor generations to come.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A $100,000 bill from the Great Depression era was recently sold at auction for $480,000. The 1934 Federal Reserve note was in exceptional condition and certified by the Paper Money Guaranty. In other news, a Social Security update states that a direct payment of $914 will arrive in seven days. The bill was sold through Heritage.<\/p>\n","protected":false},"author":1,"featured_media":2042996,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[],"class_list":["post-2042995","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2042995","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2042995"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2042995\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2042996"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2042995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2042995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2042995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}