To buy a bill of . Since 1969, the $500 bill has been officially discontinued according to the Federal Reserve high-denomination bills. The rarest 1928 $2 note is a star note 1928B series, which was printed between February 1932 and March 1933. Portrait: Abraham Lincoln. The next series was Series 1918, which contained large-size notes in denominations of $500 bill with John Marshall, the $1,000 bill with Alexander Hamilton, the $5,000 bill with James Madison, . Prices for circulated notes will be between $2,000 and $10,000 based on their condition. They deliver a great product for a reasonable price. 1928 $100 Federal . This was the period of the federal banknote which begin in 1860. 1928 is the charter date and 1902 is the series date. 58 sold . Bought my first gold piece today! Notes issued from the Federal Reserve Banks of Boston, Dallas, Minneapolis, Philadelphia, and San Francisco are worth more. . In addition, serial numbers under 100 command a premium. 1005 This obligation to exchange FRNs for gold ended in the early 1930s as the United States outlawed the private ownership of gold and left the gold standard in response to the Great Depression. These are extremely rare notes that belong in the hands of wealthy collectors and museums. The $500 bill that was issued in 1928 has the most value and worth. The very first 1928 Silver Certificate issued (i.e., Serial number 1). Initially designed to ensure faster high-denomination transactions between banks and account holders, the Federal Government developed the $500 bill (along with other high denomination bills). Small size $500 Federal Reserve Notes were printed for three different Series. All $20 national bank notes from 1928 started at serial number one. Denomination:Five Hundred Dollar Bill Their average worth can be 40% premium to the face of bill value. President Abraham Lincoln was featured on the 1882 and 1922 gold certificates but these bills are far less common. If youre able to locate a rare/older series of the $500 bill, its value may be 20x its actual denomination. Many options to check out. Series 1928B. 1928 $500 Bill Seal Color: 1928 five hundred dollar bills come in light green seals and dark green seals. These bills are now collector's items and they can be quite valuable. Very fine- A note that has been in circulation but not for a long time. What is not merely a piece of paper but holds a lot of value and worth. First printed in 1780, it was one of a small number of large denomination U.S. bills in existence, with the others being the $1,000, $5,000, $10,000, and $100,000 dollar bills. 1928B: With just over 9 million printed, this is the second-lowest print run for all 1928 $2 red seal bills. Series of 1928 United States Notes were issued in $2 (through 1928G) and $5 (through 1928F) denominations until the early 1950s. Wholesale is what dealers typically pay. The 25th president of the United States, William McKinley is on the $500 dollar bill. The 1928 Federal Reserve Notes were redeemable as per the following legend in the upper left corner of the note: Redeemable in gold on demand at the United States Treasury, or in gold or lawful money at any Federal Reserve Bank. The visual differences are minor so when in doubt just check the date. Good service and quality. MS 63 uncirculated- A note that shows no signs of ever having been in circulation. In very fine condition the value is around $7,250. The regional seal is a design facet unique to Federal Reserve Notes, because almost all other types of notes were issued directly by the U.S. Treasury. I have purchased many times through you because I trust you. papermoneysite@gmail.com { "@context" : "http://schema.org", "@type" : "Organization", "url" : "https://www.papermoneywanted.com", "contactPoint" : [ {"@type" : "ContactPoint", "email" : "papermoneysite@gmail.com", "telephone" : "+1-860-322-5415", "contactType" : "Customer Service", "areaServed" : ["US","CA","UK","FR","ES","IT","CN","JP","BG","NE","MX"], "availableLanguage" : ["English","Spanish"] }], "address": [ {"@type": "PostalAddress", "streetAddress": "6650 Corporate Center Pkwy Apt. News Dirt Electric Enduro Motocross Off Road Trials Written By. However, the rarest 1882 $500 Gold Certificate notes often fetch hundreds of thousands of dollars. Even back in the day, you would hardly ever see these notes in circulation. A gas powered bike does provide some unique advantages that cars and electric bikes can't provide. 12 Ways To Get Free Starbucks Drinks On A Daily Basis In 2023, Earn the sign-up bonus by signing to Robinhood now, Scrap Yard Near Me: How to Find the Best Local Scrap Yard. $5,000 and $10,000 notes are extremely valuable and if you have one we encourage you to contact us. Do not treat this page as a reference guide, it is for appraisal and acquisition purposes only. Series 1928 was the first series of modern, small-sized notes issued. Uncirculated $500 and $1,000 bills are quite desirable, although they are usually worth no more than twice face value. In the case of 1928 five hundred dollar bills, star notes are paramount. Absolutely love the simplicity of ordering with y'all! Now, not every type of bill had high denominations. In extremely fine condition the price is around $22,500-30,000. The 1928 series $500 gold certificates are worth around $2,750 in very good condition. Because of the rarity of a $500 dollar bill, its real value is much greater than its face value. Have a blessed day. The issuing bank can most easily be determined by looking at the black seal on the front left hand side of the note. Market Loss Policy | However, these have fallen out of circulation and are no longer printed due to low levels of use, and the ease of counterfeiting increasing with time. Direct Email Submission: Here is some more information on this popular collectible currency. One interesting aspect about this bill is that it has a red seal. Great selection, prices and Fast reliable shipping. St. Johns, FL 32260 Keep reading to learn more about these old bills, the different series, and what they are valued at. Privacy Policy | Initially, $500 dollar bills were used for transactions between banks and large private exchanges, such as a down payment on a house. The Federal Reserve Bank will be listed inside the seal. There sure are, but don't expect to find a $500 bill the next time you make an ATM withdrawal. Poor Condition - Value: $10 to $15. During the civil war and the war of 1812, these high denomination notes were issued as the confederate currency. Uncirculated bills can easily exceed the $10,000 mark. The Series of 1928 was the first issue of small-size currency printed and released by the U.S. government. Jacksonville, FL 32216-8727 Stars notes and/or About UNC condition or better most valuable. [3] Also, for a brief period in 1933, Series of 1928 $1 United States Notes were issued as a response to the Great Depression. Notes with a low serial number, note with a star symbol in the serial, and notes issued from Boston will also have more value. Good Condition - Value: $25 to $50. Uncirculated notes can reach $2,000. However, they can be of much more worth. The information below gives rarity information. I like shopping with APMEX, my experiences have been good, the shipping fast and the quality of the coins is great. When the 1928 series Federal Reserve Notes were designed (the first series to be of the modern size and appearance), the Secretary of the Treasury (who had absolute legal authority on this subject) established a special committee to investigate the use of portraiture on . President Grover Cleveland is on the $1,000 Series 1928 Green Seal Bill and Alexander Hamilton is on the $1,000 Series 1918 Blue Seal Bill . This makes him the longest-serving Chief Justice. Notes with a star in . These extremely rare bills are worth as much as someone is willing to pay for them. So if you have one of these bills then you'll want to get it checked out by an expert. Boston, signatures Woods - Mellon with Green seal. There are actually two different series of $10,000 dollar bills, but both have Salmon P. Chase's face on the front of it. . Despite these notes saying redeemable in gold on demand, they are not gold certificates. The series of this bill is 1928. Most large retail shops and online stores will have them available for sale. The image on the back of the bill is called DeSoto Discovering The Mississippi. Million Dollar Bill: Do They Really Exist? However, its definitely riskier to buy a $500 dollar bill from eBay than from a trusted and certified dealer. These were essentially Treasury Notes, because they were a short-term loan to the government. Understand there may be subtle differences between the image you see above and your note. The 1928 series usually carries an extra 10% to 20% premium. Call (864-430-4020) or email us (admin@oldcurrencyvalues.com) if you have a 1928 $500 bill that you would like to sell or have appraised. In the case of the 1928 five hundred dollar bill, the Boston District (signified by an A) is the most valuable. love the choices available. Due to these changes, there were many denominations of paper currency which also includes the 500 dollar bill. The United States issued green seal federal reserve notes for four different high denominations. On the front of this $500 note, there was the picture of President William Mckinley. The 1928 two dollar bills series can be valuable depending on the series and condition. Notes issued with the White and Mellon signature combination are also worth more. Large denomination bills such as the 500 dollar bill, 1000 dollar bill, 5,000 dollar bill, and 10,000 dollar bill were last printed in 1945 and taken out of circulation in 1969 due to lack of usage. Two are in museums, and the others are dispersed among . Some collectors will pay more for a two dollar bill with a special serial number. Home | Site Map | User Agreement | Privacy Policy | Contact. A regular circulated 1928 $500 Federal Reserve Note will typically retail for between $1000 and $1500. You should not use it to buy your groceries or something like that, as the worth of this bill is far more than its face value. Notes that have a light-colored seal, a star symbol, or low serial number, will be worth at least $1,500 and potentially over $10,000 for the right combination. MS 63 choice uncirculated- A note that shows no signs of ever having been in circulation. $12.99. A circulated note 1934 $500 Federal Reserve Note typically sells for between $600 to $1,500 based on condition. Year:1922 1928 $500 Gold Certificate Circulated notes will be between $2,000 and $10,000 based on their condition. 1863 $5 Bill Value How Much Is 1863 Deep River National Bank of Deep River Connecticut $5 Worth? Looking forward to my next purchase! 1928D $5 Green Seal Federal Reserve Note Value How much is 1928D $5 Bill Worth? Appraisals can be estimated for wholesale and retail prices. Any product claim or advice about a product or service should be verified with the manufacturer, provider, or party in question. If you have one of these bills then it would be prudent to do your own research and ideally have it checked out by an expert. There were several different series issued but most are so rare that you won't ever come across them. 1934A $500 Federal Reserve Note 3. The light green seals sell for a small premium. These light green notes will sell for a premium. The red seal indicates that the bill is a legal tender note and not a silver certificate. The United States issued red seal two-dollar Legal Tender Notes between 1928 and 1966 (Series 1965). APMEX has made getting metals easy and the choices are good. Uncirculated 1928 $2 bill star note/mule . Most 1934 and 1934A series $500 notes are worth around $1,100-1,250 in extremely fine condition. Pleasecontact us for exact values. SilverRecyclers.com is not a dealer or refiner. This is because back in the day, large denomination bills were used sparingly. Rainbow notes are given that name because they are more colorful than other notes printed around that time. Weekly silver buy easy as usual another happy customer. Interestingly, those that collect paper money pay close attention to the serial number on the bills. The federal reserve system officially discontinued the high denomination bills which also includes the $500 bill in July of 1969. The 1934 Series include the distinct series: 1934, 1934A, 1934B, 1934C and 1934D. They were made for only large purchases and down-payments. There are several factors that determine the value of this note. If your bill has a star before the serial number (a star note) then it will be worth more money. Woods - Mellon: Varieties: 12 Banks Issued Notes: Almost two million 1934 500 dollar bills were printed and there are estimated to be around 150,000 in existence. 1928 is the best most valuable year! These star notes will have a star (*) at the end of the 8-digit serial number instead of a letter. The government even produced a $100,000 bill. There were several different series of the 500 dollar bill printed, with the portraits on different people featured them. THE 1934 SERIES $10 FEDERAL RESERVE NOTES ** Series 1934 Federal Reserve Notes ("FRNs") were introduced during the height of the Great Depression to reflect the fact that, (unlike the various 1928 series), FRNs would no longer be redeemable in Gold. The only other red seal two dollar bills are the 1953 two dollar bill and the 1963 two dollar bill. In contrast, when in good condition, the . Whether you're new to Precious Metals, or just new to APMEX, we're glad you are here. Type:Gold Certificate. Type Note: Star Notes: 1 Variety with a Star Serial Number. You can find circulated 1922 $500 Gold Certificate bills starting at $5,000. 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