This particular bill can be worth upward of $10,000 due to its rarity. The most valuable is a $500 bill that was issued in 1928 and has a star symbol at the end of the note's eight digit serial number. However, some $500 bills can be worth much more. These bills can be worth anywhere between $600 to over $1,500 apiece with an average worth of about a 40% premium to the bill's face value. Over 900,000 of these bills were printed however, less than 75,000 are believed to still be in circulation today and therefore available to collectors. The most common $500 bill is the aforementioned 1934 Federal Reserve Note featuring McKinley. What a $500 bill is worth today As with any collector's item, the worth of a $500 bill is determined by a number of factors including its condition and rarity. However, due to the value as a collector's item, it's better to sell the bill to a collector than to actually use it to make a purchase. That being said, these bills are still legal tender. High-denomination bills, which include the $500 bill, were officially discontinued by the Federal Reserve System in July of 1969 when it began to take the bills out of circulation. Further, during the Federal banknote period, which began in 1861, Congress authorized the issuance of $500 notes.The last issuance of a $500 bill was a Federal Reserve Note issued in 1934 that features President William McKinley on the front (pictured at the top right). Additional high-denomination notes were issued during the War of 1812 and during the Civil War as Confederate currency. The history of the $500 bill The very first $500 note was issued by the Province of North Carolina in May of 1780 with Virginia following with a $500 note of its own later that year. Are there spiders on your dollar bills And what's up with up with that pyramid and the eyeball Learn about these and other secrets on dollar bills hereHave you ever taken any time to study your. To search for a specific number, enter the same serial in both boxes below. The interval must be equal or less than 500 000. That said, while the Treasury stopped printing these bills years ago, that doesn't mean the $500 bill has become a worthless piece of paper. Write two 7-digits numbers in the following fields to see all Specials Serial Number Notes between the interval. These changes have resulted in several denominations of paper currency being discontinued over the years, including the $500 bill. Treasury because of rising costs and lack of demand. Other changes to the paper money system were made by the U.S.
Paper money in particular has seen its share of changes, some of which were made to overcome the growing sophistication of thieves. currency system has undergone a number of changes over the years.