Fr. 2200-D. 1928 Dark Green Seal $500 Federal Reserve Note. Cleveland.

Fr. 2200-D. 1928 Dark Green Seal $500 Federal Reserve Note. Cleveland. PCGS Banknote Very Fine 30. To simply see this note as a mid-grade specimen in technical terms is rather shortsighted. Issued under the Series of 1928, this $500 Federal Reserve Note from the Cleveland district offers testament to the ever-popular "Gold Clause" seen at left which boldly states "REDEEMABLE IN GOLD ON DEMAND." Now it takes little to recognize the allure of those words, but discounting those words bidders have much that can still be appreciated. Here elements such as the coloration of the Treasury overprint and a level of eye appeal that seems foreign to a "30" serve to effortlessly distinguish this note among its fellow $500s regardless of the series imprint even before one considers the "Gold Clause" that has made this series imprint a long-standing favorite of collectors. Estimate: $2,800 - $3,600. Click here for certification details from PCGS Banknote.

Estimate:£1,258.84

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