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Learn MoreU.S. Federal Reserve $500 Bill, PMG 35EPQ
- This 1934 $500 Federal Reserve note is one of the few examples of its kind still in existence
- The bill features a portrait of President William McKinley on its front
- It is graded as PMG Choice Very Fine and 35 EPQ
- The “G7” markings and serial numbers identify this note’s origin from the Federal Reserve Bank of Chicago
- Get complete item description here
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PMG Choice Very Fine 35 EPQ
Dated 1934
This rare 1934A $500 Federal Reserve Note, issued by the Federal Reserve Bank of Chicago, represents one of the highest denominations ever placed into U.S. circulation. Graded PMG Choice Very Fine 35 EPQ (Exceptional Paper Quality), this example stands out for its crisp paper, even margins and original embossing—qualities that make it particularly desirable among serious currency collectors. High-denomination notes such as. . .
PMG Choice Very Fine 35 EPQ
Dated 1934
This rare 1934A $500 Federal Reserve Note, issued by the Federal Reserve Bank of Chicago, represents one of the highest denominations ever placed into U.S. circulation. Graded PMG Choice Very Fine 35 EPQ (Exceptional Paper Quality), this example stands out for its crisp paper, even margins and original embossing—qualities that make it particularly desirable among serious currency collectors. High-denomination notes such as this were printed primarily for large-scale financial transactions between banks and were seldom seen by the public.
The bill’s face features a stately portrait of President William McKinley, framed by elaborate scrollwork and finely engraved detailing. Issued during the Great Depression, the 1934A series represents the final generation of $500 notes before the denomination was discontinued in 1969. The “G7” markings and serial numbers identify this note’s origin from the Federal Reserve Bank of Chicago, one of twelve regional banks in the Federal Reserve System. Surviving examples in this condition are scarce, especially with PMG’s “EPQ” designation.
2 5/8“ high x 6 1/2” wide

| Period: | 20th Century |
| Origin: | America |
| Type: | Banks |
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