U.S. Currency Session 8

American gold certificates were banned in 1934 after President Franklin D. Roosevelt imposed Executive Order 6102, signed on April 5, 1933. This forbade the hoarding of gold certificates and gold coins in the continental United States. A limited series of 1934 gold certificates were issued for intra-governmental transfers, the $10,000 bill being the largest valued paper currency circulated in the U.S. Today, there are approximately 215 surviving Federal Reserve $10,000 notes from the 1934 series. The upcoming U.S. Currency Auction, offered by , offers one of these notes. The available piece was never circulated, thus retaining its original crisp and overall quality. Also offered from the 1934 series is a $5,000 MS-63 uncirculated note. 

Another highlight is an 1882 $5 brown back bill from the Bank of Columbia in South Carolina. The serial numbers printed on the back of these notes indicate the date when the bank opened. The back of the featured lot bears the signature of James Woodrow, the uncle of President Woodrow Wilson. The auction also showcases Confederate and Continental currency from several U.S. states, including uncut notes and a third quarterly edition of the Hodges’ 1858 New Bank Note Safe-Guard. Interested collectors can view the complete listings and register to bid online on Stack’s Bowers Galleries.