1934 $500 Five Hundred Dollar Federal Reserve Note New York U.S. Bank Note (PMG CF15)

Please see photos for more details regarding the condition of the bill.

The 1934 $500 Federal Reserve Note featuring the denomination "Five Hundred Dollars" is a historical banknote issued by the United States. It is a large-sized currency that was used in circulation during the early 20th century. Here are some key points about this particular banknote:

Denomination: The banknote's face value is Five Hundred Dollars, making it one of the higher denominations of U.S. currency at the time.

Federal Reserve Note: A Federal Reserve Note is a type of U.S. currency that is issued by the Federal Reserve System, the central banking system of the United States. These notes are still in use today, but the design and denomination have evolved over time.

Design: The 1934 $500 Federal Reserve Note featured a portrait of President William McKinley on the obverse (front) side. McKinley was the 25th President of the United States, serving from 1897 until his assassination in 1901.

U.S. Bank Note: The mention of "U.S. Bank Note" on the banknote indicates that it was produced by a banknote printing company authorized by the U.S. government. U.S. Bank Note Company was one of the companies that produced currency for the United States.

Location: The banknote you mentioned is specifically designated as "New York." This refers to the Federal Reserve Bank of New York, one of the twelve regional banks that make up the Federal Reserve System.

Availability: Banknotes from this era, especially those of higher denominations like the $500 note, are considered rare and highly collectible. Their value can vary significantly depending on factors such as condition, rarity, and demand from collectors.

Due to the uniqueness of each item, please refer to the photos provided in this auction. We offer high resolution images of each item rather than a written description of condition.

This item is being shipped from the Pristine Auction warehouse.