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$500 Federal Reserve Note Newp!

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Rest in Peace
johnny54321's Avatar
United States
4849 Posts
 Posted 10/02/2010  4:59 pm Show Profile   Bookmark this topic Add johnny54321 to your friends list Get a Link to this Message Number of Subscribers
PPQ paper. This should give my VF25 PCGS $1,000 note some company!

$500-Federal-Reserve-Note-Newp!

$500-Federal-Reserve-Note-Newp!

$500-Federal-Reserve-Note-Newp!
Valued Member
United States
176 Posts
 Posted 10/02/2010  5:29 pm  Show Profile   Bookmark this reply Add iamkayelem to your friends list Get a Link to this Reply
my grandfather had one of these. got rid of it before I started collecting. :-(
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3660 Posts
 Posted 10/02/2010  6:13 pm  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply
Good note, wise choice. The higher denominations are among my favorites. I missed the $1000 note evidently. I like to compare notes graded by the same TPG for consistency, and am usually disappointed in what I see. Do you find the the grades are consistent with regard to each other?
Rest in Peace
johnny54321's Avatar
United States
4849 Posts
 Posted 10/03/2010  02:25 am  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply
I dont have the $500 in hand yet zeewool, but will let you know how they compare when I get it. Here is a pic of the $1k note

$500-Federal-Reserve-Note-Newp!
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 Posted 10/03/2010  08:23 am  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply
Thanks Johnny. Another excellent choice of notes. I will be interested to see what you think when you hold them side by side. From the same TPGs, I have some VG-10 that look better than a VF-20 sitting along side. I wonder about the consistency of a TPG when different graders seem to have different standards.

Thanks for showing both of those notes Johnny. A scan versus a photo does not make for good comparison, but they are both very nice looking notes.
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andrewjconners's Avatar
United States
497 Posts
 Posted 10/08/2010  5:51 pm  Show Profile   Bookmark this reply Add andrewjconners to your friends list Get a Link to this Reply
whats the date on the 500?
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Adam_E's Avatar
United States
4846 Posts
 Posted 10/08/2010  6:45 pm  Show Profile   Bookmark this reply Add Adam_E to your friends list Get a Link to this Reply
1934
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3660 Posts
 Posted 10/09/2010  12:58 pm  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply
Looks like 1934A to me.
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Adam_E's Avatar
United States
4846 Posts
 Posted 10/09/2010  1:00 pm  Show Profile   Bookmark this reply Add Adam_E to your friends list Get a Link to this Reply
yeah, 34A, I just said the year.
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yechi7's Avatar
United States
717 Posts
 Posted 10/12/2010  10:30 pm  Show Profile   Bookmark this reply Add yechi7 to your friends list Get a Link to this Reply
Why is the $500 note a Mule? I thought Mules are like a Nickel on a Dime planchet.
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Nickelman's Avatar
United States
1397 Posts
 Posted 10/12/2010  11:55 pm  Show Profile   Bookmark this reply Add Nickelman to your friends list Get a Link to this Reply
Yeah I'm confused on the mule thing too. I know that not all mules are rare. Is that the case here?
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yechi7's Avatar
United States
717 Posts
 Posted 10/13/2010  08:46 am  Show Profile   Bookmark this reply Add yechi7 to your friends list Get a Link to this Reply
The Forum Glossary:

Mule Error
This is a rare Mint error where the obverse die is of one coin and the reverse die is of another coin.

According to the pictures in Standard Catalog of United States Paper Money by Cuhaj & Brandimore, this $500 note obverse & reverse are correct. What am I missing? Why is this note a Mule?
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Money's Avatar
United States
160 Posts
 Posted 10/13/2010  10:11 am  Show Profile   Bookmark this reply Add Money to your friends list Get a Link to this Reply
Mule notes for currency is when the size of the front plate number don't match the size of the back. This type of note was created when they changed the size of the plate numbers, but had already printed the back sides of the notes.

So on the back you can see a small 4 in the bottom right hand corner, which would be considered the micro number, while the large 2 on the front would be the macro number.

Edit: wait thats not quite right
Edit: never mind I'm pretty sure the 2 on front is larger than the 4 on back
Edited by Money
10/13/2010 10:14 am
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Nickelman's Avatar
United States
1397 Posts
 Posted 10/13/2010  10:53 am  Show Profile   Bookmark this reply Add Nickelman to your friends list Get a Link to this Reply
I understand mules on current notes. It's the older notes that mules are a mystery to me.
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Money's Avatar
United States
160 Posts
 Posted 10/13/2010  11:38 am  Show Profile   Bookmark this reply Add Money to your friends list Get a Link to this Reply
From Heritage:

Mule notes occur on both Large- and small-size notes. On Large-size notes beginning in 1921 when Frank White took office, new back plates were also created for notes being printed, however, the location of the plate number was changed! Detailed information can be found in "The Comprehensive Catalog of United States Large Size Star Notes" by Doug Murray

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