6/4/25 1:49 AM
Gold: $3,357.68
Silver: $34.44
Platinum: $1,079.35
Palladium: $1,001.55
G/S: 97.50
Pt/G: 0.32
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Anti-Theft Measures

Upcoming Auction Highlights

  • The Midwest Summer Sale 2025    View Lots
  • 7/18/2025 - Saint Charles Convention Center
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  • See the Auction Schedule for complete details.
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  • Lot #348 - 1904 PCGS PR-67CAM
  • Gold $2.50-Liberty Head Quarter Eagle
  • 3 graded PR-67 CAM, 1 higher at PCGS. Between them, PCGS and NGC have managed fewer than fifteen aggregate UCAM/DCAM events in any grade, speaking to the difficulty of locating a specimen with superior contrast. This is partly due to a lack of special effort on the part of the mint to create high-contrast proof dies after the turn of the century. Nevertheless, this coin boasts exceptionally reflective fields on the obverse -- not quite UCAM but close -- and very good mirrors on the reverse. Contrast is thereby enhanced, but truthfully, the frosted-matte texture on the devices is also not strong enough to yield the kind of contrast that a UCAM designation demands.

    Technically, the coin appears virtually flawless under 8x magnification, with fields that are as bright and pristine as possible and showing an absolute absence of hairlines. A single, tiny, sintered dot floats in space beneath the hair bun, just right of the smallest imaginable comma-shaped abrasion, and together, these could provide a pedigree marker for future collectors. A lintmark also occupies one point of the eleventh star.
 

Previous Auction Highlights

  • The Collectors' Auction    View Lots
  • 11/1/2024 - Saint Charles Convention Center
  • Download Auction Prices Realized
  • Lot #224 - 1934 $5,000 Kansas City Fr# 2221-J - PMG ChCU-63/paper pull/internal tear
  • Hammer: $155,000
  • US Currency-Federal Reserve Notes, Small
  • Morals And Liberty Collection. Serial number: J00000030A. That the cataloger could find no reference to this SN in certified grade should come as no surprise as this $5000, one of the truly inspiring prizes for a paper money collector, has been off the market for many decades as it spent all this time in a local collection. After the $10,000 bill, the $5,000 bill was the second highest denomination ever released by the United States for public consumption, but the best information the cataloger could find suggests that well under 200 are known to exist today. That number increases with introduction of this CU63 example.

    PMG lists the grade as strictly 63 / Choice Uncirculated, but the back of the holder mentions "Paper Pull, Internal Tear". The anomaly can be readily seen without visual aid at the center of the top margin. Fortunately, since the note resided in the hands of a true collector for so long, no attempt has been made to effect a repair, meaning no other alterations to the original paper and color would have been necessary to disguise such an alteration. Neither side was perfectly centered as-printed, the front leaning towards the right and the back opposite of that.

    The denomination was discontinued in 1945 and incorporated advanced (for the time) anti-counterfeiting technology. Exquisite refinement of the ornate design included intricate microprinting, ultra-fine engraving lines and an overall complex (and deceptively so) design that would be difficult to replicate. Nevertheless, the extremely high denomination had a reputation for use in money-laundering and other unsavory financial activities. Realizing that $5,000 in 1934 adjust for inflation equates to over $117,000 in 2024 dollars helps crystallize the appeal of this monumental offering.
 

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Scotsman's Trading Sheet
G/S: 97.50  Pt/G: 0.32

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