How Much Is a 1934 or 1928 $10,000 Bill Worth?

The ten thousand dollar bill is the highest denomination note the United States has ever printed for public use in commerce.  The $10,000 bill was printed for the 1928 and 1934 series.  Salmon P Chase is the central figure on all $10,000 bills.  It has long been considered the king of small size currency (which refers to currency printed after 1927).  One cannot discuss ten thousand dollar bills without mentioned The Binion Hoard, which consisted of one hundred ten thousand dollar bills displayed at his casino.

 

 

It is currently thought that just under 60,000 $10,000 bills were printed for circulation for the 1928 and 1934 series combined.  Of that 60,000, no more than 336 have survived destruction by the Bureau of Engraving and Printing.

1928 $10,000 bills were printed for all but the Philadelphia Federal Reserve district.  Only about eight 1928 $10,000 bills are known to exist, and two of those eight are in museums.  Despite the small number of 1928 ten thousands known to exist, they don’t carry a huge premium over 1934 ten thousands.  This is simply due to the fact the notes are all relatively rare and valuable.

1934 $10,000 bills were printed for every Federal Reserve district with exception of Minneapolis.  1934 ten thousand dollar bills are known to exist on all districts but Cleveland.  The large majority of 1934 $10,000 bills known to exist are from the New York district.  Most of ten thousand dollar bills come from the Binion Hoard. A typical symptom of a Binion note is poor centering and repaired mounting damage.

$10,000 Bill Star Notes:  Star notes were not printed for the 1928 or 1934 $10,000 bill series.  Instead, replaced notes have a lighter color ink.  These notes do not carry a premium as they are already quite value just for being a $10,000 bill.

$10,000 Gold Certificates:  1928 $10,000 gold certificates were printed.  However, only one is known to exist; it resides in the Smithsonian.  It is certainly possible that others are out there.

$10,000 Bill Value:  Prices start at $30,000 for a note in poor condition and go up quickly from there.

We are aggressive buyers of 1928 and 1934 $10,000 bills and would certainly like to hear about yours.  You can call us (864-430-4020) or email us (admin@oldcurrencyvalues.com) for an appraisal and/or our best price.