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$500 1934 LGS Federal Reserve Note Chicago PCGS 30 Five Hundred Dollar Bill
Original price was: $1,600.00.$1,400.00Current price is: $1,400.00.
Fr. 2202-B $500 1934A Federal Reserve Note. PCGS Very Fine 30.
Original price was: $1,600.00.$1,400.00Current price is: $1,400.00.
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Description
The Fr. 2202-B $500 1934A Federal Reserve Note, graded by PCGS as Very Fine 30, represents a significant piece of American financial history, embodying the craftsmanship and symbolism of US currency during the Great Depression era.
To understand the creation of this banknote, it’s crucial to delve into the materials and processes used in its production. The $500 note was printed on a specialized paper composed of 75% cotton and 25% linen, ensuring durability and resistance to wear and tear. The intricate design, featuring prominent figures such as President William McKinley and the Great Seal of the United States, was meticulously engraved onto steel plates. These plates were then used in the intaglio printing process, where ink was applied to the recessed areas of the plates and transferred onto the paper under high pressure, resulting in the raised, tactile features characteristic of banknotes of this era.
The history behind the Fr. 2202-B $500 1934A Federal Reserve Note reflects the economic challenges and political developments of the time. Issued during the tumultuous years of the Great Depression, these high-denomination notes were primarily used for interbank transactions and large-scale financial transfers. They played a crucial role in maintaining liquidity and stability within the banking system, while also serving as symbols of confidence in the nation’s currency and financial institutions.
In conclusion, the Fr. 2202-B $500 1934A Federal Reserve Note stands as a testament to the resilience and ingenuity of the American economy during one of its most challenging periods. Its intricate design, durable construction, and historical significance make it a prized collectible among numismatists and a tangible reminder of America’s enduring spirit in the face of adversity.
Reviews (21)
21 reviews for Fr. 2202-B $500 1934A Federal Reserve Note. PCGS Very Fine 30.
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