Featuring President William McKinley, this large-denomination note circulated during an era when high-value currency was commonly used for bank transfers and major commercial transactions.
Note Highlights:
- Country: United States
- Series: 1934A
- Denomination: $500
- Catalog Number: Fr. 2201-Gdgs
- Federal Reserve District: Chicago (G)
- Block: GA (Dark Green Seal)
- Grade: PMG Choice Very Fine 35
- Signatures: Julian–Morgenthau
- Serial Number: G00047230A
Design Details:
- Obverse: Portrait of President William McKinley flanked by ornate denomination counters, Chicago Federal Reserve identifiers, and a dark green Treasury seal.
- Reverse: Bold green engraving featuring a large central “500” surrounded by intricate scrollwork and denomination counters.
Historical Significance:
The $500 Federal Reserve Note was produced primarily for large financial transactions before the widespread adoption of electronic banking. High-denomination notes were discontinued in 1969, making surviving examples increasingly sought after by collectors. The 1934A series represents one of the final issues of America’s largest circulating paper money denominations.
Collectibility:
Large-denomination Federal Reserve Notes remain among the most desirable categories in U.S. currency collecting. This Chicago-issued example combines a collectible district, attractive PMG Choice VF 35 grade, and the historic appeal of a denomination seldom encountered in everyday commerce.
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