A completely cashless society sounds clean and convenient, and although we've made huge strides, we're not quite there yet. Additional high-denomination notes were issued during the War of 1812 and during the Civil War as Confederate currency. 1934 $500 Bill Star Notes: Even if you are new to currency, you are likely still aware that a star symbol in the serial number of a note can be very important. However, due to the value as a collector's item, it's better to sell the bill to a collector than to actually use it to make a purchase.

These bills likely include small pieces of paper currency, ranging from singles to $20s. Even still, these bills are worth between $600 and $1,500 depending on their condition. However, notes that have a serial number lower than 100 often command a premium.

Since 1969, the $500 bill has been officially discontinued according to the Federal Reserve high-denomination bills. He was the Chief Justice from 1801 to 1835.

If you had one, you could use it to buy your groceries. A common circulated 1928 five hundred dollar bill will be worth at least $1,000. This included the $500 dollar bill, $1,000 dollar bill, $5,000 dollar bill, $10,000 dollar bill, and $100,000 dollar bill. Although no longer in circulation, the $500 bill remains legal tender. @themotleyfool #stocks, Brookfield Infrastructure Sees a 100-Year Investment Opportunity in Data, These 3 Renewable-Energy Stocks Are Better Than Tesla, The $12 Trillion "Once-in-a-Lifetime" Market Opportunity Investors Won't Want to Miss, 3 Top Dividend Stocks With Yields Over 4%, Copyright, Trademark and Patent Information. It has more worth just because of its rarity. However, in general terms: Why isn’t my $500 bill isn’t in the list? But these have all been discontinued and are currently out of circulation.

However, it’s definitely riskier to buy a $500 dollar bill from eBay than a trusted and certified dealer. A bill from St. … (Fun fact: They also printed $100,000 gold certificate notes, but those didn’t take up space in anyone’s billfold—those massive bills were only issued to Federal Reserve banks, not put out for public use.). This included the $500 dollar bill, $1,000 dollar bill, $5,000 dollar bill, $10,000 dollar bill, and $100,000 dollar bill.
However, some $500 bills can be worth much more. FRED Economic Data. Monday – Friday: 9am – 6pm Saturday: 9am – 4pm Sunday: Appointment only, Written by Top Cash Buyer on November 25, 2019. This bill usually appraises at around $4,000, but if it’s in pristine condition, that figure can climb into the tens of thousands.

Despite the magic of PayPal, Square, credit cards, and mobile wallets, some of us need to carry around a handful of greenbacks.
In short, more than $500, but the amount varies depending on a number of factors. You’re right to be skeptical. Later the issuance of these 500 dollar notes was authorized by Congress. For this reason, you can find them in many online stores. The last bill featured the face of William McKinley, the president whose term was cut short by an assassin’s bullet. Uncirculated bills will be worth several thousand dollars.

High-denomination bills, which include the $500 bill, were officially discontinued by the Federal Reserve System in July of 1969 when it began to take the bills out of circulation. That said, don't use it to buy groceries as the bill its worth far more than its face value to a collector. "Historical Highlights: $2 Note," Pages 1-3. The Treasury argues that keeping the denominations inconveniently small minimizes the possibility of money laundering. Most Americans walk around with some paper money in their wallets on a regular basis. The next series of bills were printed between 1928 and 1934. All collectible currency is valued based on its: To give you an example, an 1882 $500 Gold Certificate in fine condition would be worth much more than a 1934 $500 Federal Reserve Note in good condition because: The different rarity, demand, and condition of notes mean that the value of a $500 bill can vary greatly. The paper these notes are printed on contains a series of fibers of blue and other colors.

If you have a $500 bill not included here, you may have a very rare note on your hand and should have it professionally appraised. If you’re looking to buy one of these five hundred dollar bills your best bet is to contact several online dealers to see if they have any for sale. Prices for circulated notes will be between $2,000 and $10,000 based on their condition.

The actual value of a $500 bill is much larger than the face value of the bill.

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