Home -> View Lot

1928 $500 Federal Reserve Note Graded PCGS Fine 15

Item Number 15475

Quantity: Bid Starts: 04/24/2017 12:00:00 
Bid Open: 500.00  Bid Ends: 05/04/2017 23:30:00 
Bid Count: Overtime: 30 Minutes
Currently: 0.00  Time Left: 35d 18h 39m 59s
View Count: 145   
      Start <--> Next Lot

Paper money chasers go big with this certified Federal Reserve Note $500 bill. Graded (Fine 15) by the hobby's top certification service PCGS, this vintage banknote was issued in 1928, the year paper currency was switched from large-note size to current modern standards. Vital statistics for this Series of 1928 note are: president portrait: William McKinley; serial number: F00007230A; plate: C2/3; signatures: Woods/Mellon; district seal: F Atlanta; seal: green. A printed disclaimer at top left on the obverse declares this note was redeemable in gold. This redemption obligation was nullified in 1933 when FDR made private ownership of gold illegal. Removed from circulation decades ago, high denomination notes such as this are fairly tough to come by and are always in demand by collectors for their historic value and scarcity, making the starting point of face value a no-brainer bid.

Pictures  (Click on Photo to Enlarge)