This magnificent St. Louis District Federal Reserve Note is the most important of the remarkable quintet of ultra-high denomination notes we are offering from the Holecek Family Foundation Collection. It s striking Choice Uncirculated state of preservation borders on a full Gem state. A portrait of our nation s fourth President, James Madison, graces the center of the note with robust 5000 counters at all corners. Treasury records indicate just 2,400 notes were printed on this series and district, and our records indicate just 14 are known today, including this previously undocumented example. The note bears the serial number H00000433A, the highest known serial recorded. The Holecek Collection previously contained another St. Louis $5000 note bearing the serial number H00000428A which we offered in March of this year. Graded PMG Choice Uncirculated 64 EPQ, that note saw tremendous bidding activity and ultimately settled just over our high estimate of $250,000, for a final price of $258,500. The present example rivals the other note in terms of appeal and quality, showing with a brilliant impression of the design and deep green overprinted details. The census for known $5000 notes is roughly 210 pieces accounting for both the 1928 and 1934 series. When considering only this PMG Choice Uncirculated 64 grade level, both with and without "EPQ" designations, the number drops to a minuscule 10 banknotes with only five graded finer. The numismatic community takes great notice anytime a note of this denomination is offered, and we expect the same for this remarkable Choice Uncirculated note.， Provenance: From the Holecek Family Foundation Collection. Est. $150,000-$250,000
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