What does a PMG grade of 45 (Choice Extremely Fine) mean for this note?

A PMG grade of 45 Choice Extremely Fine indicates the note retains sharp detail, strong color, and bright paper with only minor signs of handling. It represents a premium circulated example -- well above average for a $500 bill of this age -- and is encapsulated in PMG's sonically sealed archival holder.

How is the note packaged and what is included with the purchase?

The note is housed in its original PMG sonically sealed hard plastic holder, which protects the note from handling and environmental damage. The holder displays all grading and certification information, and the certification can be cross-referenced via the PMG registry using the cert number 2444840-001.

1934A $500 Federal Reserve Note New York Fr#2202-B BA Block PMG 45 Choice Extremely Fine obverse with McKinley portrait and serial B00326370A

Federal Reserve Note New York, $500 1934A Small Size PMG 45

Federal Reserve Note New York $500 1934A Small Size PMG 45 Choice Extremely Fine

PMG-graded Choice Extremely Fine 45 -- a premium circulated example of this scarce high denomination
Series 1934A New York Federal Reserve Note, Fr#2202-B, BA Block
Features the engraved portrait of President William McKinley on the obverse
Serial number B00326370A, signed by Treasurer Julian and Secretary Morgenthau

Specifications

Year: 1934A
Country of Origin: United States
Face Value: $500
Grade: PMG 45 Choice Extremely Fine
Friedberg Number: Fr#2202-B
Block: BA Block
Issuing Bank: Federal Reserve Bank of New York
Serial Number: B00326370A
Signatories: Julian (Treasurer) | Morgenthau (Secretary of the Treasury)
PMG Certification: 2444840-001

Explore more

Browse related collections and listings.

Shop more Paper Money Browse all coins & bullion

Federal Reserve Note New York, $500 1934A Small Size PMG 45

From $4,000.00

Encapsulated in an official PMG holder with certification number 2444840-001

One of the most sought-after large-denomination U.S. currency notes from the mid-20th century

ACH/Wire Transfer

Best price

$4,000.00

Save $120.00 vs credit card

Credit Card

Instant

$4,120.00

Includes 3% processing fee

Why two prices? Credit card processing fees are passed on to maintain fair pricing for all customers. Choose ACH/Wire transfer during checkout to get the best price.

Secure Checkout

Insured Shipping

Estimated delivery: Fri, Jul 24

Quantity

Description

Federal Reserve Note New York $500 1934A Small Size PMG 45 is a rare and highly collectible piece of American monetary history, certified Choice Extremely Fine by Paper Money Guaranty. Issued by the Federal Reserve Bank of New York, this Series 1934A note carries Friedberg number Fr#2202-B, BA Block, and bears serial number B00326370A. The obverse showcases a finely engraved portrait of President William McKinley at center, flanked by ornate scrollwork and bold denomination counters, with the signatures of Treasurer W. A. Julian and Secretary of the Treasury Henry Morgenthau Jr. The reverse displays the classic green-ink guilloche design with a large "500" at center, typical of the iconic small-size high-denomination Federal Reserve Note series. This note resides in its original PMG sonically sealed holder, preserving its exceptional surface quality and sharp design details for generations to come.

Frequently asked questions

The obverse features an engraved portrait of President William McKinley, the 25th President of the United States. McKinley's portrait has appeared on the $500 denomination since the large-size era, making him the defining face of this highly collectible high-denomination note series.