1928 $500 Five Hundred Dollar U.S. Bank Note
- Lot number 8334252
- Total views 113
- Total bids 35
- Winning bid $2,400.00
- Buyer's premium $408.00
- Total $2,808.00
- ELITE NO RESERVE
Please see photos for more details regarding the condition of the bill.
1928 Federal Reserve Notes were originally redeemable in Gold unlike the more common 1934 Federal Reserve Notes.
The 1928 $500 Five Hundred Dollar U.S. Bank Note is a rare and historically significant piece of American currency. Issued during a time when large denominations were more common in circulation, this banknote is part of the Series of 1928, featuring a distinct design that showcases the nation's heritage. On the obverse, it typically features a portrait of President William McKinley, while the reverse highlights an allegorical representation of the United States. These high-denomination banknotes were primarily used for large transactions between banks, and their issuance was discontinued in 1945. Today, the 1928 $500 Five Hundred Dollar U.S. Bank Note is a prized collectible, sought after by currency enthusiasts and collectors of historical artifacts, offering a tangible connection to the economic history of the United States during the early 20th century.
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.