1928 A $50 Federal Reserve Note Philadelphia PMG VF 35

1928 A $50 Federal Reserve Note Philadelphia PMG VF 35

Bullion Exchanges offers the 1928 A $50 Federal Reserve Note Philadelphia PMG VF 35. This Series 1928A $50 note from the Philadelphia district has been graded by PMG as Very Fine 35. The face displays a portrait of Ulysses S. Grant, and the reverse features the U.S. Capitol. Like other early small-size Federal Reserve Notes, it retains the original gold-clause text that once allowed redemption in gold on demand.

The Series of 1928 marked the introduction of the smaller currency size that remains standard today. Higher denominations such as the $50 were issued alongside the more common $5, $10, and $20 notes. Series 1928A reflected signature changes of the period, and surviving examples from individual Federal Reserve districts continue to attract collectors interested in the final years of gold-backed U.S. paper money.

Note Specifications:

• Graded as VF 35 by PMG
• Denomination: $50
• Series: 1928 A
• Type: Federal Reserve Note
• Obverse:  Features a portrait of Ulysses S. Grant, the 18th President of the United States, with the inscription “THE UNITED STATES OF AMERICA” and “FEDERAL RESERVE NOTE.”
• Reverse: Showcases an image of the U.S. Capitol. Inscriptions include “THE UNITED STATES OF AMERICA” and the denomination.

A mid-grade VF 35 example from the Philadelphia district offers an accessible yet historically meaningful higher-denomination note from the gold-clause period. Contact our team with any questions as you consider adding this classic Series 1928A $50 to your collection.

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