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1934 Binion $10,000 Federal Reserve Note
- This $10,000 Federal Reserve note is the highest denomination currency ever to publicly circulate
- It was once a part of the famed Binion Hoard, a collection of one hundred $10,000 bills in Las Vegas
- The New York note bears a portrait of Salmon P. Chase
- Almost all $10,000 notes have been removed from circulation and destroyed, making this an exceptional collector’s item
- Get complete item description here
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Federal Reserve Bank of New York
1934
Once part of the legendary Binion's Horseshoe display in Las Vegas, this 1934 $10,000 bill ranks among the most photographed banknotes in history. The $10,000 note remains the highest denomination of U.S. currency ever issued for public circulation, and few examples survive today. An engraved portrait of Salmon P. Chase, Secretary of the Treasury under President Abraham Lincoln, appears at its. . .
Federal Reserve Bank of New York
1934
Once part of the legendary Binion's Horseshoe display in Las Vegas, this 1934 $10,000 bill ranks among the most photographed banknotes in history. The $10,000 note remains the highest denomination of U.S. currency ever issued for public circulation, and few examples survive today. An engraved portrait of Salmon P. Chase, Secretary of the Treasury under President Abraham Lincoln, appears at its center. Issued by the Federal Reserve Bank of New York, the note bears a light green seal and serial number B00002968A. PCGS Currency graded it Gem New 65, a grade no other Binion bill has achieved.
The famed Binion Hoard was a collection of one hundred $10,000 bills totaling $1 million that were displayed in Binion’s Horseshoe Casino, the most famous Las Vegas casino of its day. Its owner, Benny Binion, erected the much-publicized display of bills in 1964, embedding them in bulletproof glass beneath a gigantic horseshoe. The publicity stunt paid off, as Binion’s Hoard became one of the most visited tourist attractions in Las Vegas.
Large-denomination currency first emerged in the United States in the late 18th century, with the first $500 note being issued in North Carolina in 1780. They generally emerged during wartime, with large notes being issued during the War of 1812, the Civil War and World War I. The last series of high-denomination Federal Reserve notes were printed in 1934; the present example is a part of this series, which was discontinued in 1945. This is a highly coveted and exceptionally rare collector’s item that far exceeds its face value.
Provenance:
Binion’s Million Dollar Horseshoe, Las Vegas, 1964–1999
Private collection, United States
M.S. Rau, New Orleans
| Period: | 20th Century |
| Origin: | America |
| Type: | Banks |
Buy With Confidence
For over a century, we've placed important art, rare jewels and exceptional objects with more than 14,000 collectors worldwide, and have been recognized by trusted publications including Robb Report, The New York Times, Wall Street Journal and more.
On Approval
Examine select works in person before you commit
125% Guarantee
Full credit plus 5% annual appreciation for five years
Trusted Expertise
Over two centuries of combined experience across our specialists
