This type of high-denomination note made a brief appearance in the 20th century before printing ceased in 1945. Then in 1969, the federal government stopped issuing them altogether. Highly desired among collectors, these $500 notes are the final design in this denomination and have been officially certified by the Paper Money Guaranty. Right now, 1934-A $500 Federal Reserve Notes in Very Fine condition are available to purchase online from JM Bullion.
Note Highlights:
- Includes a PMG protective plastic currency sleeve!
- Final series of $500 paper currency!
- Availability of certified notes is limited!
- Bears a face value of $500 (USD) from the US government.
- Issued a grade of Very Fine 30 by the Paper Money Guaranty.
- The obverse side contains a portrait of William McKinley.
- On the reverse, denomination information is featured.
Each $500 Federal Reserve Note in this JM Bullion listing online has been certified by the Paper Money Guaranty. With a grade of Very Fine 30, you can expect both light soiling and minor signs of circulation. On average, notes of this grade will contain 7-10 folds. Upon arrival, you will find your note housed in a clear plastic currency sleeve with a label bearing the official grading details.
The obverse of 1934-A Federal Reserve Notes contains a portrait of William McKinley. The 25th president of the United States, McKinley served in office from 1897 until 1901. Other details include a decorative border pattern, the signatures of the Treasurer and Treasury Secretary, and the serial number. You will also find the Treasury seal in green ink on the right side.
On the reverse side of 1934-A $500 Federal Reserve Notes there is denomination information. The denomination appears numerically along the border of the note in six different spots. It is also shown in the note’s center. Other aspects of the reverse include a handsome decorative pattern along the sides and the words United States of America, Five Hundred Dollars.
The $500 Federal Reserve note first appeared in 1918, when paper currency was still designed in a large format. John Marshall graced the first design. Though the large denomination notes were legal tender, they were not intended for regular circulation. When the Treasury gave all of its paper currency a design makeover in 1928, the $500 was included and featured William McKinley. Other large denominations that are no longer printed include $1000, $5000, and $10000.
If you have questions about these notes, we’re happy to help. JM Bullion customer service is available at 800-276-6508, online using our live chat, and through our email address.