Fr. 2221-F $5000 1934 Light Green Seal Federal Reserve Note. PMG Choice Extremely Fine 45 Net.. ... Small Size: Federal Reserve Notes

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Lot: 14628
Auction: 3502

Fr. 2221-F $5000 1934 Light Green Seal Federal Reserve Note. PMG Choice Extremely Fine 45 Net.. ...

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Sold for:	Sign-in or Join (free & quick) (includes BP) Bid Source: Live: Floor
Ended:	Sep 18, 2008
	Printable Version of Prices Realized for this Auction

Buyer's Premium:	15% of the successful bid (minimum $9.00 per lot)
Auction Name:	*2008 September Long Beach, CA CAA Signature Auction #3502*
Description:	Heritage Numismatic Auctions offers currency in our Signature Auctions & Final Session Sales, held in conjunction with some of the largest numismatic conventions. These sales feature award-winning cataloging and photography. Call or e-mail one of our Consignment Directors to learn about selling through Heritage.
Auction Type:	Currency Auctions of America - Heritage Signature: Heritage Live: After Internet bidding closes, live bidding will take place through www.HA.com/Live. Your secret maximum bid placed prior to the live event will compete against the live bids. To maximize your chances of winning, enter realistic secret maximum bids on our site. Many of our proxy bidders are successful at winning lots in these auctions, and usually below their secret maximum. You can also place last minute bids directly with us by e-mailing Bid@HA.com or calling 1-866-835-3243. (Important note: Due to software and Internet latency, live bids may not register in time, so enter realistic proxy bids.) This lot is in: Currency Auctions of America - Heritage Signature Floor Session (Live Floor, Live Phone, Mail, Fax, Internet, and Heritage Live) (lots 12001-16154) Internet bidding ends at 10:00PM CT the night before the floor session for this lot. During the live auction event, bidding in person is encouraged, and Heritage Live includes streaming audio and often video during the event.
Item Activity:	4 Internet/mail bidders, 576 page views

Description

Fr. 2221-F $5000 1934 Light Green Seal Federal Reserve Note. PMG Choice Extremely Fine 45 Net.
The attraction of high denomination notes goes beyond just their face value. Since most high denoms were printed mostly for bank to bank transactions, the production runs were small in most every instance. Originally, only 3,600 Series 1934 $5,000 notes were printed for the Atlanta district and most were ultimately redeemed. This recent discovery raises the known survivors from this district to just two examples. The serial number displayed of F0000014A is the lowest known. PMG has commented about a tear restoration which if in the hands of the proper conservator could very well be virtually eliminated. The surfaces are still fully bright and looking strong for the grade while the light green seal and serial numbers are original and well embossed. Estimate: $90,000 - $120,000.

Previous Prices from Heritage Auctions
Lot	Date	Realized
Auction 3500, Lot 14866	Saturday, April 19, 2008	$109,250.00
Auction 418, Lot 18023	Friday, September 15, 2006	$69,000.00
Auction 364, Lot 16609	Saturday, February 19, 2005	$41,400.00
Auction 362, Lot 16540	Saturday, January 15, 2005	$57,500.00
Auction 282, Lot 2334	Saturday, January 12, 2002	$34,500.00
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