1934 $500 Federal Reserve Currency Note New York PMG XF 40

1934 $500 Federal Reserve Currency Note New York PMG XF 40

This 1934 $500 Federal Reserve Currency Note from New York will make a wonderful addition to any portfolio. The currency note is graded by PMG as a solid XF 40, certifying its condition and value. Only three series of $500 Currency Notes were produced: 1928, 1934, and 1934 A. This particular note is from the 1934 date category. Interested buyers should take heed that its worth as a collector item vastly exceeds its value as currency. Therefore, you should add this 1934 $500 Federal Reserve Currency Note to your collection today!

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. While these Currency Notes are still considered legal tender, once they are deposited into the bank they would be returned to the Federal Reserve. Because of this, collectors will want to hold onto these bills for years to come and keep them in private hands.

The obverse features a portrait of William McKinley, the 25th US President, along with a light green seal and serial numbers. Light green seal notes usually have a serial number under 10,000. Also included are the denomination and the inscription "UNITED STATES OF AMERICA".

The reverse displays the denomination and the phrase "UNITES STATES OF AMERICA" as well.

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