ULTRA-RARE MATCHING SERIAL NUMBER HIGH-DENOMINATION SET
FR 2231K $10,000 & FR 2221K $5,000 – 1934 LIGHT GREEN SEAL – TWO MATCHING SERIAL NUMBER PAIRS (#32 & #42) – PMG GRADED!
This offering presents an unparalleled opportunity to acquire a museum-quality collection of high-denomination U.S. currency—two $10,000 and two $5,000 notes from the 1934 series, each with matching serial numbers. Such an occurrence is virtually unheard of, placing this set in a category of its own. There are only two known matching serial number sets of these U.S. high-denomination bills in existence, and both are being offered together in this single, extraordinary collection.
History & Significance
The $5,000 and $10,000 Federal Reserve Notes were authorized in 1918 but were only printed in the 1928 and 1934 series. These ultra-high denominations were never meant for general circulation but were primarily used for large interbank transfers and financial transactions between Federal Reserve Banks. Before electronic banking, physical banknotes were essential for moving large sums of money efficiently.
By 1969, President Nixon ordered the discontinuation of all high-denomination notes ($500 and above) due to concerns over money laundering and illicit transactions. As a result, most of these notes were recalled and destroyed, leaving only a small fraction in existence today. This makes surviving examples—especially in high grades—extraordinarily rare and highly sought after by collectors.
The Notes:
- FR 2231K $10,000 1934 – PMG 55 (Light Green Seal) – Serial #42
- FR 2221K $5,000 1934 – PMG 53 (Light Green Seal) – Serial #42
- FR 2231K $10,000 1934 – PMG 40EPQ (Light Green Seal) – Serial #32
- FR 2221K $5,000 1934 – PMG 64EPQ (Light Green Seal) – Serial #32
The Rarity & Eye Appeal:
- Population Reports: According to PMG, there are only 28 examples of the FR 2221-K $5,000 1934 note graded AU 55 EPQ. Precise population data for the FR 2231-K $10,000 note is limited, but these notes are among the rarest surviving U.S. banknotes.
- Exceptional Centering & Quality: These notes feature superior centering and visual appeal, characteristics rarely found in high-denomination bills. The rich black inks, bright white paper, and striking Light Green Seal give these notes an exceptional presentation.
- Museum-Quality & Highly Coveted: Due to their scarcity, history, and unmatched serial number pairing, this collection represents a once-in-a-lifetime opportunity for serious collectors.
A Once-in-a-Lifetime Offering
Matching serial number sets of high-denomination U.S. banknotes are virtually nonexistent, and no other such sets have been documented in the numismatic community. Given their rarity, condition, and unmatched pairing, these notes represent a historic opportunity for serious collectors and investors alike.
This collection is truly a one-of-a-kind offering—an American numismatic masterpiece, destined for the most discerning collectors.