1928 $500 Federal Reserve Note

This 1928 $500 Federal Reserve Note from the Kansas City district, Fr. 2200-J, represents serious money both then and now. These high-denomination notes were primarily used for bank-to-bank transfers rather than everyday commerce. With a face value equivalent to roughly $8,000 in today's money, these notes rarely circulated among the general public, making surviving examples particularly scarce.

Graded Choice VF 35 (Details) by PCGS, this note shows the expected signs of moderate circulation with several folds and creases, yet maintains strong overall integrity. The green Kansas City district seal and numerals remain bold against the white background. The holder notes "Repaired Pinholes" and "Minor Surface Damage," common issues for a note of this age and denomination that saw actual use. Despite these minor flaws, the green reverse design remains clear and well-defined, featuring the classic ornate border and central denomination typical of this series.