1918 $500 Federal Reserve Note Chicago PMG 25 Very Fine

Item ID: 80769701-1-2-2-1-1-2-1

$22,500.00

1918 $500 Federal Reserve Note Chicago

  • Denomination: $500
  • Year: 1918
  • Fr Number: 1132-G
  • Seal: Blue
  • Serial: G10330A
  • Condition: Very Fine 25
  • Certification: PMG
  • Comments: Stains. (light)
Read Full Description

In stock

+

Fast Shipping

Ships in 1 Business Day

Secure Packaging

Beautifully Presented

Easy Returns

10 Days, Money Back

1918 $500 Federal Reserve Note Chicago PMG 25 Very Fine

  • Historical Significance: This 1918 $500 Federal Reserve Note issued by the Chicago district represents a significant piece of U.S. economic and monetary history during the early 20th century. It is a rare collectible that reflects the high-denomination currency used primarily for inter-bank transfers and large-scale transactions.
  • Grade and Certification: Professionally graded as PMG 25 Very Fine, this note demonstrates moderate, evenly distributed wear consistent with its age and usage. The certification ensures authenticity and adds to its value as a highly sought-after numismatic piece.
  • Design Details:
  • Obverse: Features a detailed portrait of John Marshall, the fourth Chief Justice of the United States, a testament to the historical and judicial grounding of this high-denomination note.
  • Reverse: Depicts an intricate vignette titled “DeSoto Discovering the Mississippi,” showcasing the artistry and craftsmanship of early 20th-century currency.
  • Rarity and Investment Potential: High-denomination notes, especially from the 1918 series, are considered rare since many were withdrawn and destroyed following the Federal Reserve’s recall of large denominations. This scarcity, combined with its historical appeal, makes it a desirable acquisition for seasoned investors and collectors alike.
  • Condition and Appeal: Despite being graded Very Fine, this note retains strong eye appeal with its details and design features clearly visible, a testament to its preservation over more than a century.