Sunday, April 20, 2025

THE OSTENTATIOUSNESS OF BINION'S

From 1964 to 1999, Binion's Horseshoe Casino in Las Vegas had 100 $10,000 bills on display in its lobby. The collection was finally broken up in anticipation of the casino's insolvency, and the bills were sold individually to collectors. Some of the bills brought as high as $160,000 apiece, i.e. 16 times their face value, which is not as impressive if you consider that a penny sold in 2015 for $2.585 million, i.e. 258,500,000 times its face value.


A new Binion's casino has risen from the ashes, and it again has $1,000,000 on display--but only with boring, ordinary types of bills no greater than $100.

By National Museum of American History
through Wikimedia Commons

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