1934 A $500 Federal Reserve Currency Note Chicago PMG VF 30 (Minor Repair)

1934 A $500 Federal Reserve Currency Note Chicago PMG VF 30 (Minor Repair)

This 1934 A $500 Federal Reserve Currency Note from Chicago will make an incredible addition to any collection. The note is graded by PMG as VF 30 (Minor Repair), certifying its condition and value. Only three series of $500 Currency Notes were produced: 1928, 1934, and 1934 A. This note is part of the 1934 A category. Its worth as a collector item vastly exceeds its value as currency, so add this 1934 A $500 Federal Reserve Currency Note to your collection today!

Federal Currency Notes were printed at the twelve regional Reserve Banks that make up the nation's central bank, with the Board of Governors in Washington, D.C. The Federal Reserve Bank of Chicago, established in 1914, was one of those 12 banks and produced a large amount of the $500 Currency Notes. 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 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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