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1934 $500 Federal Reserve Currency Note Kansas City PMG VF 20 (Repaired)
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1934 $500 Federal Reserve Currency Note Kansas City PMG VF 20 (Repaired)
This 1934 $500 Federal Reserve Currency Note Kansas City PMG VF 20 will provide a wonderful addition to any currency collection. This Federal Reserve note is graded by PMG as VF 20, certifying its condition and value. It is labels as "Repaired", meaning an attempt was made by a non-professional to fix the note's flaws. Only three series of $500 Currency Notes were produced: 1928, 1934, and 1934 A. This specific note is from the 1934 series and was produced in Kansas City. Interested buyers should note that this bill's worth as a collector item greatly exceeds its $500 face value. Therefore, you should add this 1934 $500 Federal Reserve Currency Note to your collection today!
Federal Reserve Currency Notes were printed at one of the 12 Federal Reserve Banks that comprised the Federal Reserve System. These $500 Federal Currency Notes were produced until 1934, but notably remained in circulation and were used in commerce until 1969, when they were discontinued. This 1934 $500 Note was manufactured at the Kansas City branch, which was founded in May 1914. Although these Federal Currency Notes are still considered legal tender, once they are deposited into the bank they would be returned to the Federal Reserve. In order to keep this bills in private hands, collectors should hold onto these bills for years to come.
The obverse showcases the bust of the 25th US President William McKinley, along with the bill's denomination and the inscription "UNITED STATES OF AMERICA". The signatures of Former United States Secretary of the Treasury Henry Morgenthau Jr. and the 28th Treasurer of the United States William Alexander Julian appear on the obverse as well.
The reverse features the bill's denomination and the phrase "UNITED STATES OF AMERICA".
Bullion Exchanges offers a large variety of historic US currency notes, including this 1934 $500 Federal Reserve Currency Note. After you submit your order, your purchases will be safely packaged and shipped to your address. If you have any questions regarding our products, please contact our customer service team.
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