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Spring 2006 Catalog  >  Americana  >  Americana

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Lot 1102: $500 United States Federal Reserve Note

ITEM DESCRIPTION

 
Reserve: $500.00
Winning Bid: $1,275.19
Price Realized: $1,523.85
Auction Date:4/28/2006 9:00 PM EST

You don't have one of these in your wallet and more than likely you never did. This Federal Reserve Note was issued in 1934 by the Federal Reserve in Chicago. Printing of high-denomination bills no longer exists with the advent of wire transfers and in order to combat crime since most usage of these denominations seem to be confined to illicit activities. Slight horizontal crease in the middle and a miniscule amount of wear. Grades Very Fine.

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