Historic US paper notes have considerable value depending upon the age of the note, series it was issued in, and the designs found on the notes. The 1934 $500 Federal Reserve Note is an example of a paper note that, despite its high face value, is actually worth more today as a collectible piece. Right now, you can get certified 1934 $500 Federal Reserve Notes online at Provident Metals.

Highlights:

• Arrives with an individual plastic sleeve from the PMG!
• Introduced with the 1934 Series redesign!
• Taken out of circulation in 1969!
• Bears a face value of $500 (USD) fully backed by the American government.
• Issued a Grade of Very Fine 30 by the Paper Money Guaranty.
• The obverse side depicts President William McKinley.
• On the reverse is the denomination.
• Please note it is possible to get notes with matching district seals or varying seals if you buy several.

With your purchase of the 1934 $500 Federal Reserve Note in this Provident Metals listing, you will receive a paper note that was graded Very Fine 30 by the PMG. A paper note with this grade exhibits light signs of handling and circulation, the potential for light soiling, and somewhere between seven and 10 fold lines on average. Each note comes with its own protective plastic sleeve from the PMG.

Obverse

The obverse side of 1934 $500 Federal Reserve Notes features a portrait of President William McKinley. When the Federal Reserve redesigned the notes in 1934, the portrait of the 25th President of the United States was added to this bill. President McKinley presided over a period of economic recovery and growth in the United States, and also oversaw the successful execution of the Spanish-American War.

Reverse

On the reverse field of the 1934 $500 Federal Reserve Note are depictions of the denomination of the note. The four corners of the note have notations of 500, while that same notation is featured above and below the central design. The most ornate piece of the design element is found in the center with a large, oval shape that has another notation of 500 inside.

History

The Federal Reserve Note was introduced by the United States in 1914. The 1914 Series release included denominations of $5, $10, $20, $50, and $100. The 1918 Series introduced denominations no longer in use in the United States: $500, $1,000, $5,000, and $10,000. The 1934 Series $500 note was removed from circulation in the United States starting in July 1969. The notes were, in reality, primarily used for transactions between banks and not commonly found in the hands of everyday Americans.

Ordering

If you have any questions, please feel free to ask. Provident Metals customer service can assist you at 800-313-3315, chat with you live online, or respond in writing via email.