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500 Dollars Federal Reserve Note, small portrait

Uitgever Federal Reserve System
Jaar 1934
Type Log in om details te zien
Waarde Log in om details te zien
Valuta Log in om details te zien
Samenstelling Log in om details te zien
Afmetingen 156 x 66 mm
Vorm Log in om details te zien
Drukker Log in om details te zien
Ontwerper(s) Log in om details te zien
Graveur(s) Log in om details te zien
In omloop tot Log in om details te zien
Referentie(s) Log in om details te zien
Beschrijving voorzijde Log in om details te zien
Opschrift voorzijde FEDERAL RESERVE NOTE THE UNITED STATES OF AMERICA THIS NOTE IS LEGAL TENDER FOR ALL DEBTS, PUBLIC AND PRIVATE, AND IS REDEEMABLE IN LAWFUL MONEY AT THE UNITED STATES TREASURY, OR AT ANY FEDERAL RESERVE BANK WASHINGTON, D.C. SERIES OF 1934 FIVE HUNDRED DOLLARS
Beschrijving keerzijde Log in om details te zien
Opschrift keerzijde 500 THE UNITED STATES OF AMERICA 500 FIVE HUNDRED DOLLARS 500
Handtekening(en) Log in om details te zien
Beveiligingstype Log in om details te zien
Beschrijving beveiliging Log in om details te zien
Varianten Log in om details te zien
Opmerkingen

The Series 1934 $500 note was a legitimate workhorse of large-value interbank transfers and wholesale commercial transactions at a time when wire infrastructure was neither universal nor trusted. These were not retail notes — few private individuals ever held one. Federal Reserve banks used them to settle clearinghouse balances, and most specimens cycled through the system without ever touching a teller's drawer.

Executive Order 6102 and the subsequent Gold Reserve Act of 1934 reshaped the entire denomination structure of U.S. currency that year, and the $500 was retained specifically because institutional demand was real. The Federal Reserve officially discontinued the $500 in 1969 alongside the $1,000, $5,000, and $10,000 notes, citing declining use and law enforcement concerns about high-denomination cash in criminal transactions. All remaining Federal Reserve Bank stocks were destroyed; only notes already in private hands survived.

Roughly 342 notes from this series were still outstanding as of Treasury records published in the 1990s.

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