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You are viewing something very special that you may never ever see again.
This is one of the infamous 100 pedigreed $10,000 bills that were on display in the famous $1 million dollar display in the Inverted Horseshoe originally located at the entrance of Benny Binion's Horseshoe Hotel and Casino in Las Vegas from 1963 to 1999. Millions of visitors had their photo taken in front of the display. One of the more famous people was Charles Manson. Due to financial reasons, the display was removed and sold in December of 1999. They were offered at the time for $200,000 to $250,000. The serial number of the one being offered here is B00003071A and resides in a PCGS-64 holder. The inverted Horseshow display had 5 rows, A, B, C, D, and E. of 20 notes each. This particular note was located in Row A, the fourth one down. It is referred to as placement A4. I have the placement of each note on the display.
Of the 100 Binion $10,000 graded, 28 of them have known problems such as repairs or minor restorations. There are 17 of them that are graded as a Choice New 64 and only 9 of them are in a Gem Grade of 65. There are none above the 65 grade. One of my clients has 5 of the Gem 65’s and I know where the other 4 are. They are all in long term collections. The Binion’s in 64 grades and below are the only ones available for collectors. Binion $10,000 bills rarely come available for sale and when they do, they disappear quickly. Before the 2007 stock market crash I sold this note for $137,500 in early 2008 and once again in 2009. In 2009 I resold it for $135,000. I’ve placed this note with collectors four times since 2006. This is not uncommon for me as Jhon E Cash Currency is the largest buyer and seller of all 1928 and 1934 $5,000 and $10,000 bills in the world. I specialize in Binion Notes. I have owned and placed with collectors over 51 of the 100 Binion notes, many of them 3 and 4 times. On January 8th, 2014 at the FUN Coin and Currency show held in Orlando, Florida, 1934 $10,000 bill, serial number B00002255A in a PCGS-62 holder sold for $129,250.
I am currently putting the finishing touch on a lengthy detailed book called "The History and Census of the United States $5,000 and $10,000 bills”, with complete details and photo’s. There is a special section in the book that covers in detail the history of Benny Binion and the 100 $10,000 notes. There is also a section that covers the famous Inverted Horseshoe display of the one hundred (100) $10,000 New York notes that were on public display near the entrance of the Binion Hotel and Casino in Las Vegas from 1954 to 1999. I’ve spent the last 12 years doing detailed research on the history of each and every $10,000 note that was in the display. I am familiar with the placement of every one of them as well as the grades and history of most of them. Here is a small of excerpts from my book: The Binion Inverted Horseshoe display was the brainchild of Joe W Brown in 1954. He ran Binion’s Hotel and Casino while Benny Binion was away in prison in Leavenworth for tax evasion from 1954 to 1957. Joe had purchased 100 consecutive $10,000 bills for his $1 million dollar display. The million dollar display was Las Vegas’ most celebrated attraction for many years. This is why you will see old postcards of the Inverted Horseshoe with Joe W Browns name on top of it. People from all over the world came to have their picture taken in front of the $1 million display. Amongst the celebrities was Charles Manson who had his picture taken with the display. In 1957 Benny Binion was released from prison and resumed control of his casino and subsequently sold off the original 100 $10,000 bills. By popular demand Benny Binion repurchased 100 $10,000 bills in 1963. All of the new $10,000 was from the New York district (B). They were not 100 consecutive serial numbered notes as the first display was. The second batch of $10,000 bills was on display until December 1999 when the were sold off by Benny Binion's daughter Becky to pay for employee pension funds for the casino. w
If you would like further information on this note or other $5,000 or $10,000 bills, you can call Jhon at 214-769-9936 or email me at jhon@jhonecash.com. I just recently sold the Binion note with serial number B00003072A. I love this Binion note.
Jhon E Cash Currency is the largest reseller of $5,000 and $10,000 bills in the United States. I attend and set up at 17 coin and currency shows a year. If you have any $5,000 or $10,000 bills you would like to sell please contact me at 214-769-9936 or email me at jhon@jhonecash.com.
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