Kagin's Offers Fractional Ownership of Unique $100,000 Specimen Note Through the NFT Blockchain.

6 views May 6, 2025
publisher-humix

coinweek.com

A unique 1934 $100,000 Gold Certificate Uniface Specimen is being offered through the versatility and security of blockchain technology. Through a partnership with Kagin’s, Inc. and Vici Network, collectors can now acquire fractional ownership of an iconic numismatic specimen. Believed to be the first such offering, this note is the only known specimen of the highest denominated U.S. banknote. The Federal Reserve of New York issued the short-lived Series $100,000 Gold Certificate from December 18, 1934, through January 9, 1935, backed by an equal amount of gold bullion held by the Treasury Department. They were issued exclusively for official use in transferring large sums of money between Federal Reserve Banks and were never released or circulated among the public. Only a few examples of issued notes exist today, and they are all in possession of the U.S. Government. No issued example is, or has ever been, available to the collecting community, making this specimen the only form available to a collector. The popularity of this note is evident on the numerous images in publications worldwide, as well as novelty collector items such as gold foil reproductions of the same design type. The note, identified in Paper Money of the United States by Arthur and Ira Friedberg as FR#-2413s, is independently graded Choice Uncirculated CU-63 by PMG.