Category: Currency

How Would You Like to Own a Genuine US $10,000 Bill?

by Fred Fuld III

Did you know that the highest denomination currency for public distribution was the $10,000 bill?

Those bills are now collectors items that are nw worth far more than the ten thousand dollar face value.

If you have ever wanted to own such a rare item, now is your chance.

Stack’s Bowers Galleries will be auctioning one of these rare items in their upcoming auction on November 17.

$10,000 bill, Source: Stack’s Bowers

The banknote has been authenticated and graded by PMG (Paper Money Guaranty), with a grade of 45 Choice Extremely Fine.

The serial numbers is extremely low at C00000102A.

The starting bid is $85,000 with an estimate of $175,000 to $275,000.

What’s in your wallet?

$10,000 bill, Source: Stack’s Bowers

The Money Plot: A History of Currency’s Power to Enchant, Control, and Manipulate

by Fred Fuld III

As a financial historian, the book, The Money Plot: A History of Currency’s Power to Enchant, Control, and Manipulate by Frederick Kaufman, is right up my alley. This is an engrossing treatise on the history of money, but not just the facts about money, but the psychology behind it.

The author covers the very beginning of currency with ostrich eggs, then the cowrie shells which were the world’s first global reserve currency, all the way up to cryptocurrency. Have you heard of the CannabisCoin crypto for marijuana or Dentcoin crypto for dentists?

Chapter 2, called The Trophy Wife, contains the somewhat disturbing yet extremely fascinating details about women as money. Kaufman even mentions that females were advertised for sale on Instagram as recently as last year.

There is a lot of history about investments and the stock market, especially in Chapter 10, The End of Money.

If you have any interest in money at all, and you are looking for a great read during the holidays or even a nice gift, I highly recommend  The Money Plot.

 

 

 

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