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$10,000 bill from Great Depression era sells for $480,000 at auction

Heritage Auctions says it sold for $480,000, beating the previous record set in 2020.

News 12 Staff

Sep 20, 2023, 2:51 PM

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A rare $10,000 bill dating back to the Great Depression has been sold at an auction for a record price.

Heritage Auctions says it sold for $480,000, beating the previous record set in 2020.


The $10,000 bill was the highest denomination note to ever go into circulation.


There was a $100,000 bill, but it was only used to transfer money between federal reserve banks.


Due to the lack of use, currency in denominations of $500 or higher were phased out in 1969.


Since then, the $100 bill has been the highest denomination note issued by the U.S. Treasury.

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