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Summer/August 2006 Catalog  >  Americana  >  Americana

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Lot 2059: $500 Federal Reserve Note

ITEM DESCRIPTION

 
Reserve: $1,000.00
Winning Bid: $1,916.11
Price Realized: $2,289.75
Auction Date:8/28/2006 9:00 PM EST

This Federal Reserve Note was issued in 1934 by the Federal Reserve in New York. 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. In uncirculated condition. From the series of 1934.

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