The Federal Reserve Note was introduced by the United States in 1914. The Federal Reserve Note Series debuted in two releases, with the current denominations still in production today introduced in 1914 and larger notes introduced in 1918. Included in that 1918 Series was the $500 denomination. Now, 1934 $500 Federal Reserve Notes are available to you for purchase online at Silver.com in certified condition.
- Notes ship to you in PMG protective plastic sleeves!
- Released with the 1934 Series redesign!
- Left circulation in 1969!
- Issued a face value of $500 (USD) by the United States.
- Bears a Grade of Very Fine 30 from the Paper Money Guaranty.
- President William McKinley is on the obverse of the note.
- The denomination is featured on the reverse of the note.
- Please keep in mind you may get notes with matching or varied district seals from Federal Reserve banks when buying multiples.
The Federal Reserve Note is the only form of paper money still in production today in the United States. When it was introduced in 1914, the Federal Reserve Note was in circulation alongside United States Notes, Silver Certificates, Gold Certificates, National Bank Notes, and the Federal Reserve Bank Notes. The last of these other paper money programs to exit circulation was the United States Note in 1971.
As for the Federal Reserve Note, the four largest denominations were released in 1918 and later redesigned in 1934. The 1934 Series redesign delivered the designs found on the notes in this listing. These designs replaced the original 1918 Series design with John Marshall on the obverse and a vignette of Desoto discovering the Mississippi River.
President William McKinley is found on the obverse of the 1934 $500 Federal Reserve Note. This effigy of the 25th President of the United States remained on the notes until the $500 denomination was removed from circulation starting in July 1969.
The denomination of the bill is featured on the reverse side of 1934 $500 Federal Reserve Notes. While many of the smaller denominations were commonly used by Americans for everyday transactions in the 20th century, the $500 note was one rarely held in hand by most Americans. This denomination, along with the other larger denominations, was primarily used in transactions between banks and Federal Reserve branches.
These 1934 $500 Federal Reserve Notes are available inside protective plastic sleeves from the PMG. With Very Fine 30 certifications from the PMG, these notes were found to have only light signs of handling and the potential for light soiling. A VF30 note has somewhere between seven and 10 fold lines, with no more than 10 fold lines present.
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