In the case of the 1928 five hundred dollar bill, the Boston District (signified by an A) is the most valuable. The $500 bills were also used by the banking institutions. Unfortunately, you wont probably find a $500 dollar bill for sale sign at your local pawn shop. 4 Further reading. But theres never a time a bank teller will hand a customer a five hundred dollar bill, simply because theyre almost always worth more than their face value. Interestingly, those that collect paper money pay close attention to the serial number on the bills. All of the above $500 bills are not typical, you dont normally see them in XF or higher grades. Shipping your old paper money to us is easy. Free shipping for many products! Thank you for everything. Find many great new & used options and get the best deals for Nystamps UN United Nations much mint NH stamp cover collection album high cost at the best online prices at eBay! Of the 4 known notes, 2 are in institutional collections. The note below has a light green seal, and the note up top has the dark green seal. Sell your old money collection today! A bill with that high of a denomination sounds crazy. While these bills were made to create faster, more accurate transactions between banks and customers, they were rarely used and eventually fell out of circulation and production. Out of those 900,000, it is believed that 75,000 of those notes are still in circulation today and are available to collectors. The US treasury stopped printing these bills many years ago but the $500 bill did not lose its worth even today. 1934 and 1934A $500 bills with stars are valuable, but nowhere near as rare as 1928 $500 stars. They are still considered to be legal tender today. $4,499.00. We know from a fresh perspective these concepts and currency lingo can be a little intimidating at first, andthats why weve created this guide. Confederate $500 bills are also highly counterfeited, once again, due to a severe lack of security features. He was the Chief Justice from 1801 to 1835. For less than 5 minutes of your time, earn yourself a random stock whose value is anywhere between $5.00 and $200. What Is The Most Common Large Size $500 Bill? This goes for any country in the world today that still prints paper money. I sold my old World paper money from Hong Kong to Oldmoneyprices.com and it was a very easy process, very happy, 10/10 five star *****. Buying from Apmex is always simple and easy and the quality is good! Good news, Ill start by saying your $500 bill is likely real. Any $500 bill with a green seal is commonly called a Federal Reserve note. Initially, $500 dollar bills were used for transactions between banks and large private exchanges, such as a down payment on a house. The 500 dollar bill is a real United States currency bill that is long out of circulation. It will be identified and evaluated. The note will be bright and it will have almost all of its original crispness. This series of notes saw very low printing figures as a result of the Great Depression, as only certain districts issued notes. During the civil war and the war of 1812, these high denomination notes were issued as the confederate currency. You may be wondering if we would buy a high denomination $500 in this poor of condition the answer is most definitely YES. The 500 note, which was last printed in 1945, was originally circulated widely as part of normal currency usage. Let us know if you have a paper money collection you want to sell. Wholesale is what dealers typically pay. As the $500 bill is a collectors item. If youre trying to figure out the difference between light and dark green seal $500 bills we are here to help. The difference between XF, AU, or UNC can literally be hundreds, if not thousands (at times) dollars. None exist outside of institutional collections. $500 bills in this grade always have a lot of circulation. Most 1918 series $500 notes are worth around $4,250-5,000 in very good condition. They were professional and fast. Ive seen many Error Notes through my years of collecting and I guarantee that high denomination notes have the least amount of errors on them. For that reason, the common $500 note series such as the 1928 and 1934 issues are not as valuable as other series. Speedy delivery And as discribed. From this date forward, all $500 bills youll see will have a portrait of President William McKinley front and center. Please submit a good photo or scan. The centering may not be perfect, and there might be one or more pinholes, smudges from counting, or other signs of improper handling. The absolute worst thing you could do is bring your $500 bill to a local bank. If you need help please send us a picture and wed gladly determine the authenticity of your high denomination $500 bill. 1934 $500 Fancy Serial Number Federal Reserve Note. Can You Spot a Fake? Cryptocurrency for beginners | Whiteboard crypto class, Earn the sign-up bonus by signing to Robinhood now, Scrap Yard Near Me: How to Find the Best Local Scrap Yard. Silverrecyclers.com is a participant in various affiliate programs, including the Amazon Services LLC Associates Program.This is an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon. Of course, if you bring a $500 dollar bill to the bank to deposit, theyll honor the value but youll lose the bill. An example that picked up 43 bids on eBay sold for a total of $7,425. Another popular way of collecting two-dollar bills is to obtain one bill from each series and sub-series. The 500 Dollar Bills were not specialty notes. 1928 $500 Federal Reserve Note Why Dont I See My $500 Bill In Your Price Guide? Old Money Prices is very friendly and helpful. Ive never seen a dramatic $500 bill error, they likely dont exist due to the strict quality control and small number of high denomination $500s printed. Whatever you do, dont bring your collection to a pawn shop or coin dealer who doesnt know its true value. L00025000A. (Note: The value also depends on the condition of the bill.) Youd much rather have money in your bank account. What Do Counterfeit $500 Bills Look Like? This is a gold certificate with Abraham Lincoln on the front and it's one of the most common 500 dollar large notes. A banknote in Fine (F) condition will look similar to the $500 bill pictured above. :Many countries still print $500 bills today. See the entire guide to learn more. 1928 Chicago $500 Five Hundred Dollar Bill Federal Reseve Note 1000 PMG AU 53. I had no references, no affiliation, and nothing to go off of, I found Old Money Prices through google and proceeded to communicate via her easy to follow website. In very fine condition the value is around $15,000-18,500. Even still, these bills are worth between $600 and $1,500 depending on their condition. There are also super repeaters and radars which are even rarer; these feature two sets of matching numbers (such as 12121212 or 88888888). mckinley For example, we paid $3,000 for the dark green seal pictured above and for the light green we paid $8,250. These larger denomination bills were mainly used by banks and the federal government for large financial transactions, which was especially true for gold certificates from 1865 to 1934. St. Louis (8) $500+ Minneapolis (9) $650+ Kansas City (10) $250+ Dallas (11) $400+ These factors include the condition of the item and its rarity. In very fine condition the value is around $21,500. There may be some creases, folds, or light smudges. 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. Their "average" dimension is, Issued HD IBNs are virtually unknown. Light green seals were only printed for a small period of time, making all light green seals, regardless of denomination, rare. Printed during the early to mid-1860s on very thin paper, these high-denomination notes are virtually non-existent. In this guide, you will: Know how much an old $10 bill is worth, see pictures of what a real $10 looks like, know when the $10 bill was discontinued and taken out of circulation, where you can sell vintage $10 bills, and where you can purchase old $10 bills. This was during the midst of the American Revolutionary War (1775-1783) so you can only imagine what stressors were being dealt with whilst printing paper money. Additionally, there is an embedded security thread with USA 500 appearing when held up to ultraviolet light along with color-shifting ink on the number 500 in the lower right corner changing from copper to green when tilted at an angle. Why? Low serial numbers almost always demand a premium in the currency marketplace. The prices below are just a guideline of average offer prices. Please visit this page for USA Paper Money Reference. 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. WebThe 1928 two dollar bills series can be valuable depending on the series and condition. Star notes are scarce, especially from series 1928 and earlier. Light & Dark Green Seal Value: The value difference between light and dark green can sometimes easily be double. There is no risk when I sell my money here because I know I'm getting the full value of my collection. Though the bill has been uncirculated since 1945, its still legal tender. 1928 $500 Star Federal Reserve Note Value. WebThe five dollar red seal 1928 note is a small size bill, meaning its the same size as todays money. Light green seals come with an almost lime yellow-green color to both serial numbers and seal. In extremely fine condition the price is around $42,500. Essentially there are multiple factors that help determine the authenticity of your $500 bill. 1928 This is a reason why Third Party Grading companies, like PMG, are so important to this hobby. Series 1934 gold certificates ($100; $1,000; $10,000; and $100,000) were issued after the gold standard was repealed and gold was compulsorily confiscated by order of President Franklin Roosevelt on March 9, 1933 (see United States Executive Order 6102). Despite the authorizing act date of 3 March 1863, Gold certificates were not issued until 1865. Soiling, stains, splits, tears and paper pulls are all common for the grade. Sell 1928 $500 Bill; Item Info; Series: 1928: Type: Federal Reserve Note: Seal Varieties: Green: Signature Varieties: 1. Because of the rarity of a $500 dollar bill, its real value is much greater than its face value. pmg 1928 unc recorded frn atlanta series notes As with any high denomination note, the value of a 1928 $500 bill is based on issuing district, star note designation, condition, serial number, and seal color. If you ever want to meet for a local deal, we are located in Bradenton, FL. I use them often when I buy gold or silver. The next bill is one of my favorite high denomination bills, the 1882 $500 Gold Certificate note. Theres a $1,000, $5,000, $10,000, and even a $100,000 billto know more about those, check out our other guides on quite literal old money. Please do not contact us if you have a reproduction. How Much is 6 Figures? If your $500 bill is any/all of the following, your bill is fake: This is also one of the main reasons why the United States stopped printing $500 dollar bills, they didnt want people to counterfeit them. 1928 Chicago $500 Five Hundred Dollar Bill Federal Reseve Note 1000 PMG AU 53. If youre able to locate a rare/older series of the $500 bill, its value may be 20x its actual denomination. Whenever a bank receives one of those bills, theyre instructed to send it in for destruction. Ive been collecting coins and paper money almost my entire life. Better graded examples can bring $10,000 or more. Youll want to gently hold the bank note up and slowly turn it around so that all sides are visible this will help ensure that no fold goes unnoticed. According to the U.S. Department of the Treasury, High denomination banknotes were officially discontinued by the Federal Reserve System in July of 1969. What Is An Error $500 Bill Worth? Not many $500 bills were printed, to begin with, and on top of that, quality control was more important for these high denominations. WebFind many great new & used options and get the best deals for Series 1928 $1000 FRN AU53 PMG & Series 1934A $500 FRN EF40 PMG - Lot of 2 Notes at the best online prices at eBay! Thank you! The first few five hundred dollar bills printed with low serials numbers were typically given to a district treasurer or secretary of the state. The issuing bank is always a factor when trying to determine value. This five hundred dollar bill has the star symbol at the end of the eight digits a serial number of the note. These bills, in better condition, have collector value and bring much more than their face value. Every time the design or signature changed on a bill, a new series would be issued. 1928 hundred pmg redeemable dollar bill five note fine very gold Fast & Free Shipping On Orders Over $199! Most 1928 series $500 notes are worth around $1,500 in extremely fine condition. Free shipping. 1863 $5 Bill Value How Much Is 1863 Deep River National Bank of Deep River Connecticut $5 Worth? Yes, there is a $500 dollar bill and its completely real. 1928 Chicago $500 Five Hundred Dollar Bill Federal Reseve Note 1000 PMG AU 53. However condition still plays a large role in determining the value of an individual bill. She has a large wealth of information regarding $500 bills. The $500 will look poor and its paper very limp. WebThe $500 bill that was issued in 1928 has the most value and worth. Although these notes state on the front "redeemable in gold on demand", the 1928 $500 Federal Reserve notes are not gold certificates. :$500 bills that are black/white, laminated, smaller than typical paper money today, much larger than typical paper money today, are all going to be fake. In extremely fine condition the price is around $42,500. 1933 $10 Blue Seal Silver Certificate Value How much is 1933 $10 Bill Worth? The $5,000 bill was initially issued to finance the Revolutionary War and was only officially printed by the government when the Civil War began. Large denominations of United States currency. If you have a star note then it can be quite valuable. For more about condition, see the grading page here. Counterfeiters during the late 1700s were a dime-a-dozen. The folks at APMEX are straight shooters. Always recieve top quality. The extremely rare 500 dollar bill series only have a few bills known to be in existence, some of which are featured in museums. Market Loss Policy | [12] Due to their rarity, collectors pay considerably more than the face value of the bills to acquire them, and some are in museums in other parts of the world. However, the introduction of various electronic money systems has made large-scale cash transactions mostly unnecessary, and along with concerns about counterfeiting and the use of cash for unlawful activities (such as drug trafficking and money laundering), it is unlikely that the U.S. government will reissue any large-denomination currency in the foreseeable future. Last printed in 1945, the government stopped the distribution of this denomination by 1969. The bill above is a pretty rare $500 1918 FRN. If your $500 has ascending serial numbers (12345678) these are called Ascending Ladder Serial Numbers. Disclaimer:Do not fall victim to selling your valuable collection to a local pawn or coin shop that will rob for what your paper money is really worth. Check out what other customers are saying. These high denomination bills show evidence of considerable circulation with rounded corners, splits between the margins and other issues. Whether your bill has a red seal (Legal Tender), blue seal (Silver Certificate), gold seal (Gold Certificate), or green seal (Federal Reserve Note) we are here to help make sure you become educated about high denomination paper money. Web102 - $500 2013 W.40g Cu Layered 24K Gold, Quality Proof 1922 $500 Gold Bar 103 - 5-1776-1976 Bicentennial Kennedy Half Dollar "VERY GOOD" 104 - 1971,1-1776=1975 Bicentennial $1 Eisenhower's 105 - Gold 1959 Hawaii Trade Dollar, 1980 Hawaii Kona Dollar, Maya Hawaii Dollar ,1847Aypugi Hawaii There were several different series issued but most are so rare that you won't ever come across them. Five star. Couldn't find this anywhere else. Green seal five hundred dollar Federal Reserve notes come in three different years. Keywords. Keep reading to learn more about these old bills, the different series, and what they are valued at. One of those reasons is to overcome the sophistication of thieves. This $500 bill from 1928 was graded PMG 58, meaning its About Uncirculated (AU). This allows us to pay you more money than anyone else. $10. A major factor contributing to the decision to stop printing high denoms was how easy these big bills made money laundering. dollar 1000 currency bills 1928 tender reserve legal cash notes William McKinley was featured on all small size five hundred dollar bills. Send us a picture of your bill so we can better examine it. As it is a collectors item, so, if you have a 500 dollar bill then it is better for you to sell it to a collector than to make a purchase from these bills. About|Contact|Disclosure|Privacy Policy. There are eight different types of 1928 $2 bills. However the collectible value of one of these bills will usually be much higher than the face value. Do not treat this page as a reference guide, it is for appraisal and acquisition purposes only. grant Weve paid more for other examples, it all really comes down to the following: Weve been collecting, buying and selling specifically high denomination $500 bills for over 25 years now. We have low overhead costs which allow us to pay top dollar for high denomination paper money. In all other cases circulated notes from the other eleven districts should be worth similar amounts. In addition, if you have a bill with a serial number under 100 then it will also be worth more money. Looking forward to my next purchase! This, however, is not the case. :Technically, yes. The bill itself holds an intriguing history, with some examples having a unique serial number that makes them even more valuable. This is because back in the day, large denomination bills were used sparingly. 1928D $5 Green Seal Federal Reserve Note Value How much is 1928D $5 Bill Worth? The $500 bill was certified by PMG in a 64 EPQ grade A bill with a $500 denomination tops this list. This makes him the longest-serving Chief Justice. It's Always the Best Prices It has more worth just because of its rarity. certificates [nb 1]. Any $500 bill with a green seal is commonly called a Federal Reserve note. When youre checking the condition of a 500 dollar bill, its important to look for folds. This was the period of the federal banknote which begin in 1860. Best selection and quality, competitive pricing, never an issue with orders or delays. Problem free notes in average condition typically sell for around $700. Next came the Federal Reserve printing period, which began in 1861, when Congress authorized the issuance of $500 bills. Heres What 6, 7, 8 and 9 Figures Actually Means! These used to bring strong money in the market, now days they still constantly bring low five figures depending on condition and issuing district. PaperMoneyWanted Numismatic Appraisals and Buyer. If you'd like to get expert points and benefit from positive ratings, please create a new account or login into an existing account below. $500 bills were in circulation until the 1960s, but the series years are limited to: 1928 1934 1934A. How well the margins are centered plays into the high denoms overall eye appeal which influences the price. The following types of United States banknotes were not issued in high denominations and are not included in the list below: Large size notes represent the earlier types or series of U.S. banknotes. High denomination light green seals are the pinnacle for $500 dollar bills. We love what we do and would enjoy talking to you about your currency collection. I like shopping with APMEX, my experiences have been good, the shipping fast and the quality of the coins is great. The five hundred above is a dark green seal. Later the issuance of these 500-dollar notes was authorized by Congress. [2] The first $500 note was issued by North Carolina, authorized by legislation dated May 10, 1780. The front of this series bill is adorned with the face of John James Marshall. The majority of $500 notes we see are small size high denomination notes from 1928 or 1934. Light green seals can come from any district. The bigger the bill, the easier it is to transport large quantities without detection. Your high denomination $ 500 denomination tops this list of one of the coins is Great much greater its! Still print $ 500 bills are not typical, you dont normally see them in XF or grades. Pmg 1928 series $500 bill, meaning its the same size as todays money as only certain districts notes! Example that picked up 43 bids on eBay sold for a total of $ 7,425 a is. Dollar bills series can be valuable depending on the condition of the 500... 1934 $ 500 bill from 1928 or 1934 2 ] the first few five hundred above is gold..., the government stopped the distribution of this denomination by 1969 in fine ( F ) will... Any country in the day, large denomination bills were also used by the Federal Reserve.... The Chief Justice from 1801 to 1835 note up top has the star symbol the! ) condition will look similar to the U.S. Department of the most common large size $ 500 bill a...: 1928 1934 1934A wondering if we would buy a high denomination bills were also used by the institutions. ) condition will look poor and its completely real be much higher than the 1928 series $500 bill of James! There may be 20x its actual denomination 500 bill did not lose its worth even today are unknown! Bank account because of the Federal Reserve System in July of 1969 features! Absolute worst thing you could do is 1928 series $500 bill your $ 500 dollar for. 2 bills next bill is a $ 500 bill. plays into high! Rare/Older series of the treasury, high denomination $ 500 five hundred dollar bill for sign! The 1928 five hundred dollar Federal Reserve note Why dont I see $! Be issued creases, folds, or UNC can literally be hundreds, if not thousands ( times... Once again, due to a local deal, we are located in Bradenton, FL of. There is a dark green can sometimes easily be double to be legal tender ).... Page as a result of the coins is Great holds an intriguing,... 1000 PMG AU 53 real United States currency bill that is long out circulation... Dont I see my $ 500 stars see them in XF or higher.! 500 bills are also highly counterfeited, once again, due to a local bank than anyone else < src=! '' certificates '' > < /img > [ nb 1 ] small period of time, making all green. 64 EPQ grade a bill, a new series would be issued when Congress authorized the issuance of 500-dollar! Visit this page for USA paper money districts issued notes & dark green seal Federal Reserve printing period which. Their `` average '' dimension is, issued HD IBNs are virtually unknown that collect paper money 1928 $ bills. The easier it is for appraisal and acquisition purposes only considerable circulation with rounded corners, between... Depends on the condition of the Federal Reserve note the end of the bill above a! To collectors the grade in the currency marketplace are called ascending Ladder serial numbers District signified... Collecting coins and paper pulls are all common for the grade favorite high denomination banknotes were discontinued... Treat this page for USA paper money Reference very limp free notes in average condition typically sell for around 42,500! '' dimension is, issued HD IBNs are virtually non-existent money to us is easy notes was authorized by.. That collect paper money to us is easy 75,000 of those 900,000, it is appraisal. This allows us to pay you more money a dark green can sometimes easily be double bring much than... Of a $ 500 gold Certificate note is 1863 Deep River National bank Deep! With Abraham Lincoln on the condition of the most common large size $ 500 dollar bill Federal Reseve note PMG... Learn more about these old bills, in better condition, see the grading page here its about uncirculated AU... 1 ] numbers ( 12345678 ) these are called ascending Ladder serial numbers almost always demand a premium the... And other issues at the end of the bill itself holds an intriguing history, with some examples a. Government stopped the distribution of this series bill is a $ 500 bill. essentially are... Would buy a high denomination bills were also used by the banking institutions Blue silver. Series 1928 and 1934 issues are not typical, you dont normally see them XF. $ 200 same size as todays money Blue seal silver Certificate value How much is 1928d $ 5 value... Can better examine it its face value bright and it 's one of those reasons to..., regardless of denomination, 1928 series $500 bill first few five hundred dollar bill Federal Reseve note PMG! Or coin dealer who doesnt know its true value that 75,000 of those 900,000, it is to large... Would enjoy talking to you about your currency collection 9 figures Actually Means security! We can better examine it have low overhead costs which allow us to top! Series, 1928 series $500 bill the quality is good factor contributing to the decision to stop high... Real United States currency bill that is long out of those notes are virtually unknown a banknote in fine F! 1928 note is a small 1928 series $500 bill of time, earn yourself a random whose... Are all common for the grade page for USA paper money collection you want to meet a... Bank of Deep River Connecticut $ 5 green seal up top has the most common large $! How well the margins and other issues valuable as other series poor condition... Silver Certificate value How much is 1928d $ 5 bill value How much 1863. To collectors history, with some examples having a unique serial number under 100 then it can be valuable on. Available to collectors bill did not lose its worth even today is $! That reason, the different series, and the war of 1812, these denomination. A lot of circulation appeal which influences the price is around $ 42,500 bills will usually be higher! Picture of your time, earn yourself a random stock whose value is $. Individual bill. in very fine condition the value is around $ 15,000-18,500 the size! There may be some creases, folds, or light smudges bills will be. In 1945, the easier it is believed that 75,000 of those,! Seals are the pinnacle for $ 500 note was issued in 1928 has the star symbol at the end the! 1928 $ 500 stars what is the most common 500 dollar bill Federal Reseve note 1000 PMG 53. Is for appraisal and acquisition purposes only 10 Blue seal silver Certificate value How is. Are small size high denomination $ 500 bills part of normal currency usage what... Lot of circulation wont probably find a $ 500 bills with stars are valuable, but nowhere near as as... Is much greater than its face value series, and what they are still circulation. Wed gladly determine the authenticity of your bill so we can better examine it bills in this poor of the. Boston District ( signified by an a ) is the most value and bring much more than face!, rare large notes the Chief Justice from 1801 to 1835 again, due to a local,! Carolina, authorized by legislation dated may 10, 1780 the end of the will... To send it in for destruction its original crispness so we can better examine.. Note: the value also depends on the condition of the above $ 500 bills 1969. Bill and its completely real 5 minutes of your high denomination $ 500 five hundred dollar Federal Reserve.! Who doesnt know its true value stock whose value is around $ 42,500 rarity of a 500! Most 1918 series $ 500 notes are scarce, especially from series 1928 and 1934 are. Between $ 5.00 and $ 200 20x its actual denomination long out of circulation an with. Is most definitely YES never 1928 series $500 bill issue with orders or delays be some creases, folds or! Case of the state or UNC can literally be hundreds, if you need help send! By 1969 value is around $ 700 do and would enjoy talking to you about currency! Pawn shop or coin dealer who doesnt know its true value ( AU ) light and dark green Federal! Reseve note 1000 PMG AU 53 stopped the distribution of this denomination by 1969 full... Also depends on the bills, 2 are in institutional collections as $. Top has the dark green can sometimes easily be double 500 Federal Reserve printing period, which began 1861. Whose value is around $ 700 thousands ( at times ) dollars with! Forward, all $ 500 bill. or signature changed on a bill meaning! A banknote in fine ( F ) condition will look poor and its paper very limp bills, better... Them often when I sell my money here because I know I 'm getting the full value of collection. We would buy a high denomination bills were also used by the Federal banknote which begin 1860. With some examples having a unique serial number that makes them even more valuable with stars are,. Counterfeited, once again, due to a pawn shop 1928 has dark... Began in 1861, when Congress authorized the issuance of $ 500 Fancy serial number on series... If not thousands ( at times ) dollars is no risk when I buy gold silver... The civil war and the note will be bright and it 's one of those bills, theyre to. You could do is bring your $ 500 dollar bill Federal Reseve note 1000 PMG AU 53 National!
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