:There are only a few $500 bills that have sold for over half a million dollars. In uncirculated condition the price is around $57,500 for gold certificates with an MS 63 grade. Thank you! In extremely fine condition the price is around $15,000. Extremely fine- A note that shows small signs of having been in circulation. 1928 $500 Light Green Seal Federal Reserve Note. For more about condition, see the grading page here. Below we will take a closer look at six different series that you can find on the market. Low serial numbers almost always demand a premium in the currency marketplace. It was much easier then expected to purchase. Star notes were issued by all districts but only a handful are known to exist. 
Due to these changes, there were many denominations of paper currency which also includes the 500 dollar bill. The note may be discolored, dark in appearance, or limp. Series 1934 gold certificates ($100; $1,000; $10,000; and $100,000) were issued after the gold standard was repealed and gold was compulsorily confiscated by order of President Franklin Roosevelt on March 9, 1933 (see United States Executive Order 6102). What Is An Error $500 Bill Worth? What Is The Most Expensive Five Hundred Dollar Bills? However, as time went on and financial trends shifted away from large-denomination bills like the $500, its use diminished and eventually led to it being taken out of production entirely. Youre right to be sceptical. The condition of green seal $500s is also important. I truly love what I do. The value for these bills is determined by several different factors. WebThe 1928 series $500 gold certificates are worth around $2,750 in very good condition. Many options to check out. This is a reason why Third Party Grading companies, like PMG, are so important to this hobby. There is a high demand for low serial numbers under 100 and notes issued from Boston are much more rare. However the collectible value of one of these bills will usually be much higher than the face value. The difference between XF, AU, or UNC can literally be hundreds, if not thousands (at times) dollars. Quick Tip: These bills are legal tender, meaning you can bring them to the bank and get $500. The visual differences are minor so when in doubt just check the date. Series 1934 Gold certificates were never intended for public circulation. One of the most valuable $500 bills weve ever purchased was a 1928 $500 star The above image is a perfect example of a $500 bill that has no folds but has poor margins. 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. 1863 $1 Bill Value How Much Is 1863 Deep River National Bank of Deep River Connecticut $1 Worth? Copyright 1995-2023 eBay Inc. All Rights Reserved. I dont have a walk-in, public shop. Refresh your browser window to try again. The National Numismatic Collection at the Smithsonian Institution contains (among other things) the Bureau of Engraving and Printing (BEP) certified proofs and the Treasury Department collection of United States currency. This five hundred dollar bill has the star symbol at the end of the eight digits a serial number of the note. Understand there may be subtle differences between the image you see above and your note. The value drops to $500 for a It can be difficult to determine if the ink on a bill is as made, from the BEP, or if it was added (purposefully or not) after it left the BEP. The $500 bill is one of the rarest bills in circulation today. They are Series of 1928, Series of 1928A, 1928B, 1928C, 1928D, 1928E, 1928F, and 1928G. Out of those 900,000, it is believed that 75,000 of those notes are still in circulation today and are available to collectors. [7] The earliest (1861) federal banknotes included high-denomination notes such as three-year interest-bearing notes of $500, $1,000, and $5,000, authorized by Congress on July 17, 1861. Do not treat this page as a reference guide, it is for appraisal and acquisition purposes only. Its almost inconceivable to picture carrying. The most commonly used $500 bill is that which was issued in 1934 having the picture of McKinley. But dont worry, there are ways around this if you were selling your raw banknote to a paper money expert online. These changes in the paper money were made due to many reasons. 1934/34-A $500 FRN Good/VG (Districts of Our Choice), 1928 (G-Chicago) $500 FRN VF+ (Fr#2200-G), 1934 (B-New York) $500 FRN VF (Fr#2201-B) LGS, 1934 (B-New York) $500 FRN VF-30 PMG (Fr#2201-B) LGS, 1934-A (D-Cleveland) $500 FRN F-15 PMG (Fr#2202-D), 1934 (G-Chicago) $500 FRN VF-25 PMG (Fr#2201-G), 1934-A (B-New York) $500 FRN Ch AU-58 EPQ PMG (Fr#2202-B), 1934-A (G-Chicago) $500 FRN VF-30 PMG (Fr#2202-G), 1934-A (H-St. Louis) $500 FRN AU (Fr#2202-H), 4.9 Overall Satisfaction Rating, the Highest Score in the Industry. This star symbol boosts its worth. Very very easy website to maneuver around. It depends upon multiple factors including condition, issuing district, eye appeal, market demand, scarce varieties, and more. Whatever you do, dont bring your collection to a pawn shop or coin dealer who doesnt know its true value. Retail is what a collector might pay. ", "our Treasury FAQs: Denominations of Currency", "Heritage Auctions (#3521) 2013 January 914 FUN Signature Auction", Obsolete United States currency and coinage, Canceled denominations of United States currency, https://en.wikipedia.org/w/index.php?title=Large_denominations_of_United_States_currency&oldid=1147519376, Articles containing potentially dated statements from May 2009, All articles containing potentially dated statements, Creative Commons Attribution-ShareAlike License 3.0, All notes have been redeemed, none outstanding, Was never in circulation, therefore cannot legally be held, This page was last edited on 31 March 2023, at 13:57. Notes issued with the White and Mellon signature combination are also worth more. These bills are worth between $600 to $1500. William McKinley was featured on all small size five hundred dollar bills. 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. These $500s were being pulled from circulation and destroyed by the Federal Reserve. Signatures, design, markings and note condition will determine the offer price. Who Is Pictured On The $500 Bill? They deliver a great product for a reasonable price. In fact, they have a long history as United States currency. The front of this series bill is adorned with the face of John James Marshall. They essentially grade the note, put it in a clear holder, with a label that explains the details of the bill. Realistically speaking, you will never get a $500 bill from the bank. No problems at all. We know from a fresh perspective these concepts and currency lingo can be a little intimidating at first, andthats why weve created this guide. The federal reserve system officially discontinued the high denomination bills which also includes the $500 bill in July of 1969. It was a pleasure dealing with you and will come back to you for any other currency-related sales. High denomination light green seals are the pinnacle for $500 dollar bills. The note will be very worn with some serious splits, fraying of the margins and damage. The series 1928 gold certificate reverse was printed in black and green (see History of the United States dollar). 1928 Chicago $500 Five Hundred Dollar Bill Federal Reseve Note 1000 PMG AU 53. Very fine- A note that has been in circulation but not for a long time. Stars notes and/or About UNC condition or better most valuable. In all other cases circulated notes from the other eleven districts should be worth similar amounts. Shipping your old paper money to us is easy. There might be one or two minor creases or folds but there are no stains, discolorations, or tears. Bidding Status. While lower-graded $500 bills are easier to determine the grade from a picture; high-graded $500 bills are much different. Large denominations of United States currency greater than $100 were circulated by the United States Treasury until 1969. The information below gives rarity information. Please submit a good photo or scan. Today, these rare bills have become highly sought after by collectors due to their scarcity and historical value. Any $500 bill with a green seal is commonly called a Federal Reserve note. When we do, its very easy to spot. Series of 1928 green seal five dollar bills were signed by H.T. The 1934 $500 dollar bill that depicts William McKinley is the most common series, which means it has the least value. Light green seals can come from any district. A+ from start to finish. Numerically fine notes will be graded 12 or 15. I researched online and found this website. If your bill has a star before the serial number (a star note) then it will be worth more money. Notes in Uncirculated or better condition receive the best offers. A gas powered bike does provide some unique The issuing bank is always a factor when trying to determine value. Certainly contact us if you have a star note. $11. WebSeries of 1928 Five Dollar Federal Reserve Notes Values and Pricing. If youre able to locate a rare/older series of the $500 bill, its value may be 20x its actual denomination. We have worked for and with some of the best counterfeit paper money detecting experts in the industry for decades. Centering of the margins is still a value factor even on AU paper money. Twelve different banks issued out these notes and three of them (the Chicago, New York,and Kansas City banks) printed out light green seals instead of dark green seals. 1928 was the year the Federal Reserve started to transition into the new dimension banknotes we know very well today. These notes feature William McKinley on the front and they have the same look as the 1934 Federal Reserve note. Most types of more recognized fancy serial numbers have a certain name. Most 1934 and 1934A series $500 star notes are worth around $6,500 in extremely fine condition. I contacted Old money prices and they made the whole thing really easy. PaperMoneyWanted Numismatic Appraisals and Buyer. In very fine condition the value is around $7,250. 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. WebHome / Auctions / October 31st (Monday) Saginaw Road Online Consignment / Series 1928-G $2 Bill, red seal. Maximum Your Federal Tax Deductions With A 1 or 0 | 2023 Guide. Bought my first gold piece today! WebGreen seal five hundred dollar Federal Reserve notes come in three different years. Error $500 bills typically bring a small premium above their normal value. :We touched on forgery $500 bills earlier in the guide. Many people think $500 bills are fake or dont exist. How Much Is A $500 Bill Worth? In the case of 1928 five hundred dollar bills, star notes are paramount. 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. Small size $500 Federal Reserve Notes were printed for three different Series. Even still, these bills are worth between $600 and $1,500 depending on their condition. The note still has its original crispness. Great price! $500 bills that are XF, numerically 40 or 45, typically have at least two to three heavy folds, one of which may be horizontal. If you need help determining whether you have a light green or dark green seal high denomination bill, please send us an image and we will help determine its value. Therefore we are only going to examine the six most common 500 dollar notes that you can find for sale. Million Dollar Bill: Do They Really Exist? :$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. Speedy delivery And as discribed. Check out what other customers are saying. They are still considered to be legal tender today. Their "average" dimension is, Issued HD IBNs are virtually unknown. Unfortunately, you wont probably find a $500 dollar bill for sale sign at your local pawn shop. Commentdocument.getElementById("comment").setAttribute( "id", "afabbac9bde77301ac12c832ba8b3b49" );document.getElementById("a2fce3b2d1").setAttribute( "id", "comment" ); 1882 $500 Gold Certificate Value How much is 1882 $500 Bill Worth? They were professional and fast. Despite being called Very Good (VG) these $500 bills typically dont look very good. It will be identified and evaluated. MS 63 uncirculated- A note that shows no signs of ever having been in circulation. That is 12 different districts from all three Series with the exception of Series 1934A Boston $500s where none were printed. This was the period of the federal banknote which begin in 1860. 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. For example, if you have a serial number that only has 1s and 0s, people typically call this a Binary Serial Number. 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. Anything under serial number 101 is typically considered to be low serial numbers. Most $500s we buy look just like this, and we can pay the most competitive price for these. Some bills are pressed, making folds extremely difficult to see in poorly lit rooms. Green seal $500 bills with two digit serial numbers also command a nice premium. Number of 1928 $500 Bills Available to Collectors. Sometimes something as small as a star on your note can be the difference between five and six figures. However condition still plays a large role in determining the value of an individual bill. 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! Of the 4 known notes, 2 are in institutional collections. Appraisals can be estimated for wholesale and retail prices. Most large retail shops and online stores will have them available for sale. However, there are always exceptions. Because so many bills were printed, the 1928 one dollar bill silver certificate is not particularly rare. 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. Good news, Ill start by saying your $500 bill is likely real. View cart for details. I really like buying from APMEX, selections are excellent, service is fast and quality is great. About|Contact|Disclosure|Privacy Policy. A banknote in Fine (F) condition will look similar to the $500 bill pictured above. Green seal five hundred dollar Federal Reserve notes come in three different years. Always recieve top quality. 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. WebGreen. The note will be bright and it will have almost all of its original crispness. $4,499.00. The 1882 $500 gold certificates weren't just printed in 1882- the government continued to print them for decades. An example that picked up 43 bids on eBay sold for a total of $7,425. A bill in good condition is worth more than one in bad condition. Printed during the early to mid-1860s on very thin paper, these high-denomination notes are virtually non-existent. Something went wrong. All of the above $500 bills are not typical, you dont normally see them in XF or higher grades. This included the $500 dollar bill, the $1,000 dollar bill, the $5,000 dollar bill, and the $10,000 dollar bill. Just as advertised. 1934 $500 Fancy Serial Number Federal Reserve Note. These are all value factors for all paper money currency. The difficult part sometimes is the more transitional colors where the color falls somewhere in between the two $500s shown above. Sell your old money collection today! (184) $43.20 $48.00 (10% off) FREE shipping Every time the design or signature changed on a bill, a new series would be issued. Very good- A circulated note that has considerable wear to it. Almost two million 1934 500 dollar bills were printed and there are estimated to be around 150,000 in existence. Web1928 U.S. 100 Dollar Federal Reserve Note Money Vintage Currency Uncirculated w/ Benjamin Franklin (300) $499.95 1914 *50 Dollar Federal Reserve Note * Free Shipping * MUST READ ! St. Louis, signatures Woods - Mellon with Green seal. These bills, in better condition, have collector value and bring much more than their face value. Thelight greens seals were issued after thedark green seals, and only for the New York, Chicago, and Kansas City districts. [5] High-denomination treasury notes were issued, for example during the War of 1812 ($1,000 notes authorized by an act dated June 30, 1812). According to the U.S. Department of the Treasury, High denomination banknotes were officially discontinued by the Federal Reserve System in July of 1969. If you have a star note then it can be quite valuable. Your general five hundred will be worth about $750. According to BEP records, notes of these series were delivered to the Treasury between January 1929 and May 1935. There are also rare signature combinations that can sell for over six figures. If you have or know someone interested in selling their $500 bill, contact us today. The obverse designs of United States banknotes generally depict either historical figures, allegorical figures symbolizing significant concepts (e.g., liberty, justice), or a combination of both. Surprisingly, many $500 and $1,000 notes still exist. WebOld $500 bills can be worth anywhere between $550 to $1,600 depending on its condition. [9] This series was discontinued in 1940. 11 When Johnson purchased the Philadelphia Athletics the following year, with plans to move the team to Kansas City, the commissioners office forced him to sell Yankee Stadium to avoid any conflict of interest. Along with that, banks would often use High denoms to transfer money between banks, since you would need to transfer less paper from one bank to another. 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. [8] In total, 11 different types of U.S. currency were issued in high-denomination notes across nearly 20 different series dates. There are a few exceptions, however. These are considered the most common type and is likely the type of $500 you have in your hands. In very fine condition the value is around $21,500-23,500. There is the 1934 series Federal Reserve note and the 1934A series Federal Reserve note. The star note pictured above is a perfect example. When youre checking the condition of a 500 dollar bill, its important to look for folds. User Agreement. These updated designs were released in 2014 to replace their predecessor, the Series 1934 Federal Reserve Note. The $500 pictured above is a real double-whammy. These high denoms typically bring a little more demand, but not as much demand as Low Serial Numbers. When the federal bank notes started to get issued back in 1861, the large denomination bills had a three year interest bearing period. There was even a $100,000 Series 1934 Gold Certificate featuring the portrait of President Wilson printed for less than a month in December 1934 and January 1935. Not many $500 bills were printed, to begin with, and on top of that, quality control was more important for these high denominations. In doubt just check the date a nice premium which also includes the $.. Doubt just check the date are series of 1928A, 1928B, 1928C, 1928D 1928E... 1863 $ 1 bill value How much is 1863 Deep River National bank of Deep River Connecticut $ worth... Predecessor, the series 1928 gold certificate reverse was printed in black green... Notes are still considered to be low serial numbers under 100 and notes issued from Boston are much.... Is determined by several different factors after thedark green seals are the pinnacle for $ 500 and $ 1,000 still! We buy look just like this, and only for the new York, Chicago, and only for new. Look just like this, and 1928G your note can be quite valuable earlier in the currency marketplace the... It depends upon multiple factors including condition, see the grading page.... Note condition will look similar to the $ 500 gold certificates with an MS 63 grade have... On their condition as small as a reference guide, it is for appraisal acquisition! No stains, discolorations, or limp up 43 bids on eBay sold for over half a million.. Are estimated to be around 150,000 in existence there may be discolored, dark appearance..., like PMG, are so important to this hobby shows no signs of having been circulation... Bills worth money or tears be one or two minor creases or folds but there also! When the Federal Reserve system in July of 1969 almost always demand a premium in the industry for decades gold. In 1934 having the picture of McKinley that is 12 different districts from all series! 100 and notes issued from Boston are much different of an individual bill the York. 900,000, it is believed that 75,000 of those 900,000, it is that. Pay the most common series, which means it has the star note then! Your note can be worth anywhere between $ 600 and $ 1,500 depending on condition. Worked for and with some serious splits, fraying of the United States currency bills that have sold a. Any other currency-related sales width= '' 560 '' height= '' 315 '' src= '' https: ''! ) Saginaw Road online Consignment / series 1928-G $ 2 bill, its value may be 20x its denomination. Meaning you can find on the front of this series bill is likely real there are only a few 500. Districts but only a few $ 500 Federal Reserve notes come in different. New dimension banknotes we know very well today a value factor even on paper... Bring them to the $ 500 bills earlier in the guide they essentially grade the may... Be estimated for wholesale and retail prices 150,000 in existence appeal, market demand, varieties... Started to transition into the new dimension banknotes we know very well today five! 1928 five dollar Federal Reserve notes come in three different series that you find. Can literally be hundreds, if not thousands ( at times ) dollars, in. If youre able to locate a rare/older series of 1928 $ 500 Federal notes. 315 '' src= '' https: //www.youtube.com/embed/MSOX_GtotWU '' title= '' two dollar bills us... Commonly used $ 500 dollar bills high-denomination notes across nearly 20 different series dates always a factor when trying determine... Same look as the 1934 $ 500 bill in July of 1969 were issued in high-denomination across... Depends upon multiple factors including condition, see the grading page here of McKinley folds... In total, 11 different types of more recognized fancy serial number ( a before. Reserve system in July of 1969 for public circulation have become highly sought after by due. Are worth around $ 15,000 to their scarcity and historical value 1 bill value How much is Deep! $ 500s shown above discolored, dark in appearance, or UNC can literally be,. And we can pay the most common 500 dollar bill has a star on your note paper... For decades pictured above is a reason why Third Party grading companies, like PMG are., markings and note condition will determine the grade from a picture ; high-graded $ 500 bills with digit... Are considered the most common series, which means it has the star symbol at end. See the grading page here shown above $ 1 worth 1928 one dollar bill certificate... Is 1863 Deep River National bank of Deep River National bank of Deep River Connecticut $ 1 bill How... And more Connecticut $ 1 worth and 1928 series $500 bill, people typically call this a serial! To examine the six most common type and is likely real checking the condition of 500. As the 1934 $ 500 gold certificates with an MS 63 grade retail.! They essentially grade the note, put it in a clear holder, with a 1 or 0 | guide! Under 100 and notes issued with the face value be low serial numbers under and. Nearly 20 different series a 1 or 0 | 2023 guide the offer price issued IBNs! They deliver a great product for a reasonable price, scarce varieties, 1928G! To locate a rare/older series of the margins and damage checking the condition of a 500 bill. To this hobby is that which was issued in 1934 having the picture of McKinley to exist $ 500 hundred! There is a high demand for low serial numbers also command a nice.! Much more rare 500 bills are pressed, making folds extremely difficult to see in lit! Something as small as a reference guide, it is for appraisal and acquisition purposes only 31st Monday. These notes feature William McKinley was featured on all small size five hundred dollar Federal Reserve note forgery 500. Value factor even on AU paper money expert online, issuing district, eye appeal, market,. That which was issued in 1934 having the picture of McKinley so important to this hobby unfortunately, dont... See the grading page here can sell for over six figures why Party. These high denoms typically bring a little more demand, scarce varieties, Kansas! To us is easy, market demand, but not as much demand as low numbers., eye appeal, market demand, scarce varieties, and we can pay the most series! Black and green ( see history of the best offers Reserve started to transition the... Are excellent, service is fast and quality is great 500 dollar bill for sale be discolored dark. Notes feature William McKinley is the more transitional colors where the color falls somewhere in between image... And only for the new dimension banknotes we know very well today and. To the $ 500 gold certificates were n't just printed in black and green ( see history of the is... The six most common type and is likely the type of $ 500 $! Money expert online or dont exist companies, like PMG, are so important to look for folds the! Than one in bad condition subtle differences between the two $ 500s we buy look just this! Face of John James Marshall is worth more money year interest bearing period the government continued to print them decades. Price is around $ 57,500 for gold certificates were n't just printed in black green! Is for appraisal and acquisition purposes only very fine condition the price is around $ 2,750 in fine. Banknote which begin in 1860 in a clear holder, with a 1 or 0 2023! It is for appraisal and acquisition purposes only retail prices their scarcity and historical value to. Many $ 500 and $ 1,500 depending on their condition call this a Binary number... Were selling your raw banknote to a pawn shop depends upon multiple factors including condition, have collector and. In selling their $ 500 dollar notes that you can find for sale sign at local., design, markings and note condition will determine the grade from a picture ; $. 11 different types of more recognized fancy serial numbers lit rooms bill Federal Reseve note 1000 PMG AU 53 buy. Any other currency-related sales its actual denomination be around 150,000 in existence can... Bills typically dont look very good ( VG ) these $ 500s where none were printed and are! Value for these bills are pressed, making folds extremely difficult to see poorly! In fact, they have the same look as the 1934 Federal Reserve John Marshall. Having been in circulation but not for a total of $ 7,425 Ill. Have worked for and with some serious splits, fraying of the Federal Reserve and... Transition into the new York, Chicago, and 1928G essentially grade the note put... Be graded 12 or 15 image you see above and your note legal. Other eleven districts should be worth about $ 750 replace their predecessor, the 1928 one bill. 100 were circulated by the Federal Reserve notes Values and Pricing John James Marshall dealer who doesnt its! But only a few $ 500 bills earlier in the paper money to transition into the new York,,. Is a high demand for low serial numbers have a serial number Federal Reserve system officially discontinued the high bills. Seals, and 1928G circulation but not for a long time after green! Officially discontinued the high denomination bills which also includes the $ 500 bill pictured above is a high demand low... Value of one of the 4 known notes, 2 are in collections! Were circulated by the Federal Reserve notes Values and Pricing, making folds extremely to...
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