1934 $50 Federal Reserve Note New York Star Note PMG VF 25

1934 $50 Federal Reserve Note New York Star Note PMG VF 25

Bullion Exchanges presents the 1934 $50 Federal Reserve Note New York Star Note PMG VF 25. This Series 1934 $50 note from the New York Federal Reserve district is a scarce star (replacement) note graded by PMG as Very Fine 25. The face features a portrait of Ulysses S. Grant, while the reverse shows the U.S. Capitol. Star notes were printed in much smaller quantities to replace defective notes during production, making them more desirable to collectors than regular-issue examples from the same series and district.

Series 1934 Federal Reserve Notes were introduced after the United States left the gold standard. The gold-clause language of the earlier 1928 series was removed, and the notes became redeemable only in “lawful money.” The 1934 series remained in production (with later letter designations) for many years and forms an important chapter in the development of modern U.S. small-size currency. New York district star notes from this era are especially sought after because of the district’s prominence and the lower survival rate of replacement notes.

Note Specifications:

• Graded VF 25 by PMG
• Denomination: $50
• Series: 1934
• Type: Star (Replacement) 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.

Collectors of small-size Federal Reserve Notes will appreciate the combination of a higher denomination, New York district origin, and the added scarcity of the star designation in this solid VF 25 example. It makes a worthwhile addition for anyone seeking an authentic replacement note from the post-gold-standard era of U.S. currency.

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