The $10,000 banknote printed by the US Federal Reserve in 1934 was sold for a record price at the auction. It is known that there are only a few hundred of these banknotes.
In the news we share with you from time to time, we see items belonging to world-famous names such as Steve Jobs. to auction We’re talking about them being mined and sold for astonishing amounts. Now we will talk about a similar development again. But this time at auction at a record price The product that changed hands does not belong to a well-known name…
The auction house called Heritage Auctions is the owner of the auction house published by the US Federal Reserve in 1934. 10 thousand dollars He put a banknote up for auction. This banknote was quite famous because it changed hands for 384 thousand dollars in September 2020 and for 300 thousand dollars in May 2022. The $10,000 banknote, printed 90 years ago during the Great Depression, again found buyers at a record price. Increasingly rare The money paid for the banknote did not surprise collectors.
A 10 thousand dollar bill found a buyer for 480 thousand dollars!
Heritage Auctions complete $10,000 bill 480 thousand dollars He announced that he found a buyer in return. While the identity of the buyer was not disclosed, it was stated that high denomination banknotes have always attracted attention and will continue to attract attention from now on. Let’s explain for those wondering: on the obverse of the banknote, who served as Secretary of the Treasury during Abraham Lincoln’s presidency. Salmon ChaseThere was a photo of . On the back, in capital letters, was the phrase “United States of America, ten thousand dollars.”
Considered one of the world’s biggest global economic crises great depression One of the countries it affected the most was the USA. US stock markets crashed and world trade shrank by 65 percent. The banknote, which was sold for a record price at the auction, was printed during the harshest economic conditions in history. For those wondering, let us state that the US Federal Reserve has been producing 500, 1,000 and 10,000 dollar banknotes since the 1800s, but these were removed from circulation in 1969 because they could not be used by the public. In fact, the US government used it only for government affairs at that time. 100 thousand dollars He also printed banknotes…
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Especially in this period, an example should be taken: How did Atatürk cope with the “Great Depression”, the biggest economic crisis in history?
Source :
https://markets.businessinsider.com/news/currencies/10000-dollar-bill-us-treasury-record-auction-1934-rare-currency-2023-9