Product Description
A Series of 1934 A $500 Federal Reserve Bank of New York, New York Fr#2202-B BA Block with signatures Julian/Morgenthau with serial # B00314314A graded Very Fine 25 (VF-25) with an annotation for 'Stamp Ink' by Paper Money Guaranty (PMG). This note displays an original off white to light grey paper color, pin holes in the center that are not annotated, federal reserve bank ink stamp on the obverse and fair, even margins. 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 | The Federal Reserve Bank Of New York, New York |
Metal Type | Other |
Aggregate Precious Metal Weight in oz | 0.0000 |
SKU | Paper Money:pm-1934$500vf25/4 |
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