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23.41
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1071.86
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2107.23
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10/16/2021 07:34:28 PM
(800)313-3315
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1934 $500 Federal Reserve Note PMG Very Fine 35

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One of the largest denominations ever issued in the Federal Reserve Note Series was the $500 note. Introduced with the 1918 Series, the note was redesigned only once in 1934. The 1934 Series was the final version of the note and remained in circulation until 1969 when the $500 note and other large denominations were canceled. Today, you have the opportunity to get 1934 $500 Federal Reserve Notes online at Provident Metals in certified condition.

Highlights:

  • Arrives with an individual currency sleeve courtesy of the PMG!
  • Released in 1934!
  • Taken out of circulation in 1969!
  • The face value of $500 (USD) is backed by the United States of America.
  • Graded Very Fine 35 by the Paper Money Guaranty.
  • On the obverse is an image of President William McKinley.
  • The reverse offers the denomination of the note.
  • Please bear in mind you may receive notes with matching district seals or varied seals when you buy more than one.

The Federal Reserve Notes were introduced into circulation with the 1914 Series and the 1918 Series. The 1914 Series featured denominations of $5, $10, $20, $50, and $100. While those denominations are still commonly in circulation today, the 1918 Series notes are not in circulation. The 1918 Series offered $500, $1,000, $5,000, and $10,000 notes. These notes were redesigned in 1934 and were largely used in transactions between banks, rather than by Americans in everyday transactions.

Obverse

On the obverse of the 1934 $500 Federal Reserve Note is a depiction of President William McKinley. This portrait of President McKinley was added to the notes with the 1934 Series redesign. President McKinley won back-to-back terms in office in the 1896 and 1900 elections, but was assassinated in office in September 1901, just nine months into his second term.

Reverse

The reverse side of 1934 $500 Federal Reserve Notes comes with notations of the denomination. On this side of the note, there are countless notations of 500, indicating the face value assigned to the notes. You will also find THE UNITED STATES OF AMERICA and FIVE HUNDRED DOLLARS on this side of the note.

History

The $500 denomination was predominantly held within banks. The Treasury decided to remove the $500 denomination and the other larger denominations of Federal Reserve Notes in the 1960s. The $500 bill was removed from circulation starting in 1969. Estimates put the number of remaining specimens from the 1934 Series of $500 Federal Reserve Notes at around 75,000 in total.

Ordering

1934 $500 Federal Reserve Notes in this listing come with a Very Fine 35 grade from the PMG. Notes in this condition have little sign of handling and only four to seven folds, with those fold lines being light in nature. Please keep in mind that the district seals from the Federal Reserve Bank that issued the note into circulation can vary or match on the notes you receive when you buy more than one.

Please contact Provident Metals if you have any questions. Our team can assist you at 800-313-3315, online using our live chat, and via our email address.

How Does Free Shipping Work?

When the subtotal of your purchase, including applicable discounts, is $199 or more, you receive free shipping for your entire order. In order to receive free shipping on purchases of $199 or more, you must live within the 50 US states. For orders less than $199, a $7.99 shipping fee applies. All products are discreetly packaged and shipped with full insurance included.

When will my order ship?

Most Provident orders are shipped within one (1) business day of your payment clearing. Payments made via PayPal clear instantly. Bitcoin payments clear instantly once the transaction is confirmed. Credit Card and bank wire payments process within 1 business day. ACH and paper check payments take 3-5 business days. Once payments are processed, products are released to fulfillment for packaging and shipping.

Can I choose the method of shipping?

All orders of $199 or more that are eligible for free shipping are, by default, shipped via a carrier of our choice (USPS or UPS). Depending on the contents and size of your purchase, you may be able to upgrade to a specific carrier during checkout.

Will I need to sign for my package?

For those orders of $999.99 or less, there is no need to sign for your package. However, you may select the option to require a signature at delivery if you want. This can be chosen and paid for at checkout. All orders of $1000 or more require a signature to complete delivery.

What about International Orders?

Provident is only able to ship to addresses in any of the 50 US states. This includes P.O. boxes and APO addresses.

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Product Details

Year 1934
Mint Mark Not Shown
Condition Very Fine
Denomination $500
Country United States
Edge Style Smooth
Product Series Legal Tender Note
Certificate of Authenticity No
Packaging Archival Quality Currency Sleeve
Shipping Orders over $199 Ship Free
Thickness 0.1 mm
Dimensions 156 mm x 66 mm x 0.1 mm
Provident ID 3859794