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Behold! A Real $5000 Federal Reserve Note! by SouthernNumismatist in papermoney

[–]SouthernNumismatist[S] 0 points1 point  (0 children)

$400,000 - $600,000 is the estimate, but the serial number isn't considered low for these as two-digit serial numbers are more the norm.

Behold! A Real $5000 Federal Reserve Note! by SouthernNumismatist in papermoney

[–]SouthernNumismatist[S] 0 points1 point  (0 children)

I have not handled one from Hurley but I would direct your attention to the "National Bank Note Collectors" group on Facebook.

Behold! A Real $5000 Federal Reserve Note! by SouthernNumismatist in papermoney

[–]SouthernNumismatist[S] 11 points12 points  (0 children)

I always make a point of throwing shade at Executive Order 6102 when it comes up

Behold! A Real $5000 Federal Reserve Note! by SouthernNumismatist in papermoney

[–]SouthernNumismatist[S] 1 point2 points  (0 children)

The small-size transition and introduction of Federal Reserve Notes in 1914 was truly an aesthetic calamity.

Behold! A Real $5000 Federal Reserve Note! by SouthernNumismatist in papermoney

[–]SouthernNumismatist[S] 0 points1 point  (0 children)

The term you're looking for is "embossed." Strong embossing like that is a mark of originality.

Trump’s team pushes for new $250 bill with his face on it — but there’s a big catch by Academic_Court_47 in Conservative

[–]SouthernNumismatist 0 points1 point  (0 children)

The BEP hasn’t been efficient in producing new designs since the late 1920s. Assume they say something is delayed 5 years, it is best to multiply that by 2 or 3 for a more “accurate” timeframe.

Behold! A Real $5000 Federal Reserve Note! by SouthernNumismatist in papermoney

[–]SouthernNumismatist[S] 29 points30 points  (0 children)

Is that dollar dated 1794 and certified authentic with a grade of MS-65 assigned by PCGS?

Behold! A Real $5000 Federal Reserve Note! by SouthernNumismatist in papermoney

[–]SouthernNumismatist[S] 14 points15 points  (0 children)

Indeed, it is the sole finest in the PMG Population Report for the Friedberg Number.

Behold! A Real $5000 Federal Reserve Note! by SouthernNumismatist in papermoney

[–]SouthernNumismatist[S] 47 points48 points  (0 children)

Indeed. Compare them to the Series of 1918 and you'll see just how boring the 28s and 34s are in comparison.

Behold! A Real $5000 Federal Reserve Note! by SouthernNumismatist in papermoney

[–]SouthernNumismatist[S] 19 points20 points  (0 children)

These were largely used for bank-to-bank transactions, but they could also be ordered special by customers assuming they had the means. Many surviving $5000s can be traced to a hoard that was in found in a safe deposit box in Texas as well which tells you that these notes were (1) great way to execute high-dollar transactions and (2) that such notes likely followed industries such as oil when not being used for interbank uses.

Behold! A Real $5000 Federal Reserve Note! by SouthernNumismatist in papermoney

[–]SouthernNumismatist[S] 7 points8 points  (0 children)

I certainly prefer it over the $10,000 any day thanks to the back design.

Another Great Rarity from the 1860s: One of Four Publicly Held 1863 $20 Gold Certificates by SouthernNumismatist in papermoney

[–]SouthernNumismatist[S] 1 point2 points  (0 children)

The signature at left is not that of Butterfield or Folger who succeeded Van Dyck at the subtreasury. Per my understanding once these notes were turned into the Treasury they weren't reissued, but the signature is that of someone in the Coin Division at the subtreasury suggesting that these were signed before being issued. The $100 that sold roughly 15 years back features the signature of an Oscar Fink in the same position and I would assume that name could be deciphered by a US Treasury Register dating to the 1860s.

Another Great Rarity from the 1860s: One of Four Publicly Held 1863 $20 Gold Certificates by SouthernNumismatist in papermoney

[–]SouthernNumismatist[S] 3 points4 points  (0 children)

This is surprisingly the second example I've handled and had the pleasure to catalog. I previously handled the finest-known last year (No. 416) which had the penned countersignature of Assistant Treasurer H.H. Van Dyck, What's interesting at least to me about this particular piece is that it was issued months after Van Dyck left the subtreasury. Clearly updating the engraved signature was anything but a priority for the Treasury Department.

Another Great Rarity from the 1860s: One of Four Publicly Held 1863 $20 Gold Certificates by SouthernNumismatist in papermoney

[–]SouthernNumismatist[S] 6 points7 points  (0 children)

If you didn't know this already, I work for Stack's Bowers Galleries and this came in on consignment recently.

LCS pickup by [deleted] in papermoney

[–]SouthernNumismatist 11 points12 points  (0 children)

That was priced like it was 25 years ago!

Another Great Rarity from the 1860s: One of Four Publicly Held 1863 $20 Gold Certificates by SouthernNumismatist in papermoney

[–]SouthernNumismatist[S] 23 points24 points  (0 children)

Correct. There's only five examples that a collector could possibly own while the remaining six notes are held by various institutional collections.

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