It wasn’t until the final gavel fell that the staggering sale price of $750,000 was revealed, exponentially higher than the bill’s face value.
“Large-denomination notes always have drawn the interest of collectors of all levels,” said Dustin Johnston, vice president of currency at Heritage Auctions, which hosted the expo.
“The $10,000 trails only the $100,000 gold certificate issued in 1934, and of the 18 examples graded by PMG, this example is tied for the highest-graded.”
The auction house responsible for the sale noted that the bill was in “exceptional condition,” which undoubtedly played a role in driving up its final price.
While the identity of the winning bidder remains undisclosed, they are now the proud owner of a piece of American history that is as financially valuable as it is historically significant.
The sale has caught the attention of both currency enthusiasts and the general public, serving as a testament to the booming market for collectible currency.
This niche has seen increasing interest and sky-high prices in recent years, with collectors willing to pay top dollar for unique and rare items.