What's a $10,000 bill worth to you? To some auction goers, the answer is hundreds of thousands of dollars.
Though it may sound a bit turned around, that's what recent auction attendees pondered as they bid on a rare, $10,000 bill dating back to the Great Depression. And the answer to the spending question for many there was ... a lot.
The Federal Reserve note was certified by Paper Money Guaranty and was graded to be in Exceptional Paper Quality, auction house Heritage Auctions said. "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," said Dustin Johnston, vice president of currency at Heritage Auctions.PMG has only graded four other small-sized $10,000 Federal Reserve notes and only five higher,"so this is an absolute prize that will command a share of the spotlight in its new collection home," Johnston said.
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