20095: Fr. 2221-H $5,000 1934 Federal Reserve Note. PMG

Fr. 2221-H $5,000 1934 Federal Reserve Note. PMG Choice Uncirculated 64. Both the $5,000 and $10,000 Federal Reserve Notes are listed in the Top 100 Greatest United States Notes, and are highly regarded as the trophy notes that serve as pillars in some of the best numismatic collections ever achieved. With a broad bidding base, and the rarity of Gem graded examples, there are few options for bidders above the 64 grade. For all districts combined, only about a half dozen Gems are graded by PCGS and PMG combined at the Gem level. The print run for 1934 St. Louis $5,000s was incredibly small, just 2,400 notes. Only the Cleveland district issued fewer notes. The paper here is fresh, bright, and ideal for an iconic piece of currency. The face margins would be considered large enough for a full Gem grade, adding to its eye appeal. This is a delightful note for the high denomination collector who desires, and can afford, the best. HID03101062020 © 2020 Heritage Auctions | All Rights Reserved