Shares All Sold of One-of-A-King Bank Note NFT
Historic 1934 $100,000 gold certificate NFT sale completed in two months.
As of June 9, all 500 fractional shares of the Unique 1934 $100,000 U.S. Gold Certificate Specimen have been sold. Launched on April 10 by Kagin’s Digital, more than 70 individual buyers, including collectors, investors, and dealers, participated in the offering, with several acquiring multiple shares. Shares were offered in three pricing tiers: the first 100 at $1,000 each, the next 100 at $1,150, and the remaining 300 at $1,250.
The 1934 $100,000 Gold Certificate Specimen is the only example of its kind available to private owners. It represents the highest denomination of U.S. currency ever printed. Originally created to transfer large sums between and among Federal Reserve Banks, the 1934 $100,000 Gold Certificate was never circulated publicly. Today, the remaining Gold Certificates are housed in government museums, but only a single Specimen remains in private hands. Recently graded CU-63 by PMG and now designated with its own Friedberg number (Fr. 2413s), the note had not been available on the market for over two decades.
This offering marks a technological milestone in the numismatic world, demonstrating how NFTs are the ideal application for the fractional ownership of real-world assets. The blockchain delivers the necessary security and transparency for a shared ownership model, and the Web3 user experience combines frictionless transactions with regulatory compliance to offer a better solution to a broader audience of investors and collectors. “We were amazed at how enthusiastically and quickly individuals embraced this new way of owning an iconic numismatic treasure,” said Donald H. Kagin, president of Kagin’s Digital. “The strong response confirmed our belief: collectors want access, investors see the value, and dealers recognize that this is a concept whose time has come.”
Shareholders will receive a tangible gift commemorating their digital ownership—a Lucite-embedded replica of the note representing their participation in this historic offering.
The note was on display at the Summer FUN Show in Orlando, Florida (booth #308) from July 10-11 and will be at the ANA World’s Fair of Money in Oklahoma City, Oklahoma, from August 19-23 (booth #1015).
For more information, go to the website or call 888-8KAGINS (852-4467).