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How Does One Check If A 1934 $500 Bill Is Real?

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Philippines
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 Posted Yesterday   06:32 am Show Profile   Bookmark this topic Add rollingturtle to your friends list Get a Link to this Message Number of Subscribers
*** Moved by Staff to a more appropriate forum. ***

Long story short my dad bought off this 500 dollar bill from a friend of his who says it used to be owned by a governor, can you give any tips to check if its real?
How-Does-One-Check-If-A-1934-$500-Bill-Is-Real?

EDITED! Included back side of the bill

How-Does-One-Check-If-A-1934-$500-Bill-Is-Real?
Edited by rollingturtle
Yesterday 11:48 am
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Keith67's Avatar
United States
6741 Posts
 Posted Yesterday   07:09 am  Show Profile   Bookmark this reply Add Keith67 to your friends list Get a Link to this Reply
Do you have a photo of the other side?
Looks good to me
https://en.numista.com/396734
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hfjacinto's Avatar
United States
7362 Posts
 Posted Yesterday   07:11 am  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
Looks real but also looks like it been washed and pressed.
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United States
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 Posted Yesterday   09:30 am  Show Profile   Bookmark this reply Add smat45 to your friends list Get a Link to this Reply
Cool serial number!

smat
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Dearborn's Avatar
United States
101900 Posts
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JimmyD's Avatar
Canada
21751 Posts
 Posted Yesterday   10:18 am  Show Profile   Bookmark this reply Add JimmyD to your friends list Get a Link to this Reply
This is one of the large denomination banknotes ($500- $100,000)
that were made for bank use only so I doubt if there would be
any counterfeits as there would be no way of distributing them.
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nickelsearcher's Avatar
United States
15703 Posts
 Posted Yesterday   1:23 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
to the CCF
Take a look at my other hobby ... http://www.jk-dk.art
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United States
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 Posted Yesterday   8:15 pm  Show Profile   Bookmark this reply Add FreiherrVonNumis to your friends list Get a Link to this Reply
Without first hand examination it appears genuine.
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westernsky's Avatar
United States
7679 Posts
 Posted Yesterday   11:59 pm  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
The printed colors and the sharpness of the printing is suspect. The note does not "stand up" well at all. I do not see a back plate number on the note, either. That number should be in the reverse frame open area in the lower right quadrant between "Five Hundred Dollars" and the scroll work to the right.

For now I'm leaning towards counterfeit.

A closer examination "in hand" might yield a different opinion.



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westernsky's Avatar
United States
7679 Posts
 Posted Today  11H 50M ago  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply

Quote:
This is one of the large denomination banknotes ($500- $100,000)
that were made for bank use only so I doubt if there would be
any counterfeits as there would be no way of distributing them.


All of the larger denomination notes printed and used for public exchange in the US are still legal tender. These include $500 thru $10000 denominations. (The $100,000 denomination was never released into public circulation as those were used for settlements between Federal Reserve Banks.)

Whenever a larger denomination note is deposited in this day and age the note is supposed to be retained for verification and redemption by the Fed. The customer receives a "pending" deposit of the face value pending verification.

I don't think I've seen or heard of one being deposited in the last 25 years.
They are worth much more than face but some people don't know that. Strange things happen.
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United States
159 Posts
 Posted Today  9H 0M ago  Show Profile   Bookmark this reply Add CoolBreeze to your friends list Get a Link to this Reply
It's a raised note. It was bleached and printed over. Not a real $500
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jbuck's Avatar
United States
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