Two PMG-certified US Banknotes Lead Stack's Bowers Auction

A large and impressive selection of US and world banknotes certified by Paper Money Guaranty® (PMG®) is being offered in a series of Stack’s Bowers sales. They include several PMG-certified notes likely to realize six figures in the Global Showcase Auction – Session 2 – U.S. Currency Part 1. In all, over 1,900 PMG-certified banknotes are being offered in this and other sessions (Session A, Session D, Session 7, Session 12 and Session H), which conclude August 14-23, 2023.

The top PMG-certified note in the sale is a rare 1934 $5,000 Federal Reserve Note (Chicago) graded PMG 64 Choice Uncirculated EPQ (Session 2, lot 20339) which has an estimate of $250,000 to $350,000. According to the PMG Population Report, PMG has graded 40 examples of this Friedberg variety, with only two earning this grade and none graded higher.

1934 $5,000 Federal Reserve Note (Chicago) graded PMG 64 Choice Uncirculated EPQ (Session 2, lot 20339) Click images to enlarge.

Also featured is a stunning 1928 $100 Gold Certificate graded PMG 66 Gem Uncirculated EPQ (Session 2, lot 20348). Gold certificates are highly prized among collectors, especially in uncirculated grades. PMG has graded more than a thousand examples of this Friedberg number, but this particular note is one of only three to earn a grade this high. It has an estimate of $125,000 to $175,000.

1928 $100 Gold Certificate graded PMG 66 Gem Uncirculated EPQ (Session 2, lot 20348) Click images to enlarge.

Other PMG-certified banknotes in these auctions include:

• a 1928 $1,000 Gold Certificate graded PMG 64 Choice Uncirculated (Session 2, lot 20353) that has an estimate of $100,000 to $150,000
• an 1882 $100 Gold Certificate graded PMG 67 Superb Gem Uncirculated EPQ (Session 2, lot 20221) that has an estimate of $80,000 to $120,000
• a 1934 $1,000 Federal Reserve Note (Kansas City) graded PMG 65 Gem Uncirculated EPQ (Session 2, lot 20325) that has an estimate of $40,000 to $60,000
• a group of five Bolivia, Banco Industrial de La Paz 1900 banknotes (1, 5, 20, 50 and 100 Bolivianos) each with Serial Number 1 — graded PMG 40 Fine to PMG 55 About Uncirculated (Session A, lot 40046) that has an estimate of $40,000 to $60,000
• a Canada, Bank of Canada 1935 $100 graded PMG 67 Superb Gem Uncirculated EPQ (Session A, lot 40216) that has an estimate of $40,000 to $60,000
• a 1918 $500 Federal Reserve Note (New York) graded PMG 40 Extremely Fine (Session 2, lot 20203) that has an estimate of $30,000 to $50,000
• a Canada 1937 $1,000 graded PMG 66 Gem Uncirculated EPQ (Session A, lot 40228) that has an estimate of $25,000 to $35,000
• a Canada, Bank of Canada 1935 $1,000 – English graded PMG 65 Gem Uncirculated EPQ (Session A, lot 40217) that has an estimate of $20,000 to $30,000
• a 1953C $2 Legal Tender Note with a Solid-7 Serial Number graded PMG 35 Choice Very Fine (Session 7, lot 21062) that has an estimate of $6,000 to $12,000
• an 1899 $5 Silver Certificate with a Radar Serial Number graded PMG 64 Choice Uncirculated (Session 7, lot 21157) that has an estimate of $5,000 to $10,000
• an East Caribbean States, Currency Authority ND (1965) 100 Dollars graded PMG 66 Gem Uncirculated EPQ (Session D, lot 41030) that has an estimate of $3,000 to $5,000
• an East Caribbean States / St. Vincent ND (1965) 100 Dollars graded PMG 65 Gem Uncirculated EPQ (Session D, lot 41030) that has an estimate of $2,000 to $3,000

All estimates are provided by the auction house.