1934 $500 Federal Note

[thabeast]

I don't know much about paper money and I surely don't know how to grade it. I have the opportunity to pick up a 1934 $500 Federal Reserve Note. I'm hoping I can get alittle feedback on this note and your opinion on a grade.

 

Thank you for your time and any help.

 

 

[wheat'swheats]

because of the folds I would say xf40

[Nutmeg Coin]

It would never go XF, I can guarantee that. VF30 on a good day, no epq. You could see what the experts at PCGS currency have to say too.

 

Here is an example of an XF note: http://www.ebay.com/itm/FR-714-FEDERAL-RESERVE-NOTE-PMG-XF40-/231532449996?ssPageName=STRK:MESE:IT

[wheat'swheats]

I still think a little more than a vf 30. This is a much lighter note when printed and you can't compare the two from photos I might go to a vf35+ but it is a close call

[Nutmeg Coin]

Always compare with online graded notes, like this one: http://currency.ha.com/itm/federal-reserve-notes/fr-2201-l-500-1934-light-green-seal-federal-reserve-note-pcgs-extremely-fine-40/a/3527-16075.s#Photo

[johnny9434]

the large notes like that are still neat to see.

[wheat'swheats]

My old eyes will not let me see that one any better than his

 

[Steve in Tampa]

The note is a series 1934A, and I would guess by the photos that it would grade VF-25 or VF-30. The back of the note shows hard folds, and soft corners.