Introduced in 1918, the $500 Federal Reserve Note was one of the four largest denominations of Federal Reserve Notes ever issued into circulation in the United States. It debuted with the release of the 1918 Series of notes and was redesigned, together with the other 1918 Series notes, in 1934. Today, 1934 $500 Federal Reserve Notes in certified condition are available to you online at Silver.com.
- Available to you in protective plastic sleeves from the PMG!
- Final redesign in the $500 Federal Reserve Note Series!
- Taken out of circulation starting in July 1969!
- The face value of $500 (USD) is fully backed by the US government.
- Graded Very Fine 25 by the Paper Money Guaranty.
- On the obverse is an effigy of President William McKinley.
- The reverse features the denomination.
- Please keep in mind these notes could have matching district seals if you purchase multiples.
The 1934 $500 Federal Reserve Note was a paper note rarely seen by everyday Americans in the early 20th century. The larger denominations in the Federal Reserve Note series were typically used for transactions between banks and not for broader circulation in the pockets of Americans.
All of the 1934 $500 Federal Reserve Notes available here come with protective plastic sleeves and a Very Fine 25 certification from the PMG. This grade indicates a note with modest signs of handling, numerous fold lines, and the potential for mild soiling on the note. These notes have District Seals on the obverse presenting the branch bank of the Federal Reserve Bank that issued the notes into circulation. When you buy multiples, these District Seals may match on the notes you receive or could vary. Examples include seals that identify the Federal Reserve Bank of Cleveland, Richmond, or Atlanta.
On the obverse of 1934 $500 Federal Reserve Notes is an effigy of President William McKinley. Elected in 1896, President McKinley was the 25th President of the United States of America. The former Republican Governor of Ohio, McKinley secured a second term in office, but was assassinated in office just nine months into his second term.
The reverse side of the 1934 $500 Federal Reserve Note features a depiction of the bill’s denomination. You will find several printed notations of 500 on this side of the bill. The 1934 Series redesign of the $500 Federal Reserve Note not only replaced John Marshall on the obverse with the image of President McKinley, it also removed a more artistic vignette in favor of this simpler design.
Please contact Silver.com if you have any questions. Our team is available to you at 888-989-7223, online using our live chat, and via our email address.