| This 10K note has a wonderful pedigree being part of the famous "Bank One Hoard" uncovered in May 2001. After a routine internal audit of its branches, Bank One discovered five $10,000s, three $5,000s, 198 $1,000, 195 $500 Federal Reserve Notes. These notes were found during inventory of cash holdings prompted by the Y2K software bug. The Bank One Hoard was then sold to Scotsman Coin of St. Louis and Panther Precious Metals, Inc of Boca Raton. (my former employer.)
Late in 2004, the note offered here, $10,000 FRN serial number G00001634A, was authenticated and graded by PCGS Currency. In February 2005 it made its way to a landmark Dallas auction dubbed the Taylor Family Sale. As far as we know, the note has traded just one time since the auction. It is currently jointly owned by The Currency House Inc of Deltona, FL and Marc Michaelsen, Inc of Boca Raton, FL. This denomination is truely rare in original condition as almost all survivors have somehow been improved or enhanced. The "Premium Paper Quality" designation by PCGS is testament to this notes' originality, fresh look, and deep punch through embossing. $10,000 bills are enormously popular and rare in their own right. This tougher Chicago Federal Reserve Bank example only adds to this notes' appeal. |
