Series Of 1934 $500 Bill FRN Chicago Fr#2201-Glgs GA Block PMG VF25 Erasure

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Quick Overview

A Series of 1934 $500 Federal Reserve Bank of Chicago, Illinois Fr#2201-Glgs GA Block with signatures Julian/Morgenthau with serial # (G00003531A) graded Very Fine 25 (VF-25) with an annotation for 'Erasure, Minor Rust' by Paper Money Guaranty (PMG). This note displays an off white paper color, visible creases/folds nice even margins. Some discoloration and rust stains visible on the reverse. The total # of bills printed for this denomination & series: 212,400. Please view our photos for additional information and ask any questions prior to purchase.
Series Of 1934 $500 Bill FRN Chicago Fr#2201-Glgs GA Block PMG VF25 Erasure

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Product Description

A Series of 1934 $500 Federal Reserve Bank of Chicago, Illinois Fr#2201-Glgs GA Block with signatures Julian/Morgenthau with serial # (G00003531A) graded Very Fine 25 (VF-25) with an annotation for 'Erasure, Minor Rust' by Paper Money Guaranty (PMG). This note displays an off white paper color, visible creases/folds nice even margins. Some discoloration and rust stains visible on the reverse. The total # of bills printed for this denomination & series: 212,400. Please view our photos for additional information and ask any questions prior to purchase.

Federal Reserve Notes otherwise referred to as United States banknotes are banknotes used primarily in the United States of America and are denominated using the United States dollar (USD). Official legislation enacted by Congress known as the Federal Reserve Act of 1913 established the Federal Reserve System in addition to a centralized banking system. In effect, the ability to issue Federal Reserve Notes as legal tender was created. Prior to the formation of centralized banking, commercial banks issued their own notes. The first institution that acted as a central bank was the First Bank of the United States and was charted by Alexander Hamilton in 1791.

Additional Info

Denomination $500
Condition Circulated
Grade Designation Very Fine 25
Mint / Brand Chicago, Illinois
Metal Type Other
Aggregate Precious Metal Weight in oz 0.0000
SKU 1934-$500-Chicago/PMG-VF25

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