1934 $500 Federal Reserve Currency Note New York PMG VF 25 (Small Tears)

1934 $500 Federal Reserve Currency Note New York PMG VF 25 (Small Tears)

Step into the rich history of U.S. currency with the 1934 $500 Federal Reserve Note from New York, certified by PMG in Very Fine 25 condition. Large-denomination notes like this were once issued primarily for interbank transfers and high-value transactions, but their use was phased out by the late 1960s. With its handsome portrait of President William McKinley on the obverse and the bold “FIVE HUNDRED DOLLARS” reverse design, this note showcases the artistry and grandeur of America’s paper money era.

The $500 note stands as a fascinating reminder of a time when the U.S. monetary system relied on physical high-denomination bills. Although officially discontinued more than 50 years ago, surviving examples remain highly sought-after by collectors. Notes from the New York Federal Reserve Bank add a layer of geographic distinction, further enhancing their desirability. The 1934 series, marked by clean, classic designs, continues to be a centerpiece in the world of numismatics.

Note Specifications:

• Graded as VF 25 by PMG
• Denomination: $500
• Obverse: Beautifully showcases a portrait of President William McKinley, encapsulating his legacy and significance to American history.
• Reverse:  Displays a simple yet bold design showcasing “FIVE HUNDRED DOLLARS” in large font

The 1934 $500 Federal Reserve Currency Note New York PMG VF 25 (Small Tears) is more than just a piece of paper—it’s a tangible artifact of America’s financial past. Combining rarity, official certification, and enduring collector demand, it makes an impressive addition to any serious currency collection or investment portfolio.

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