This is a very nice and "Totally Original" 1918 $500 Federal Reserve Note from the from the Windy City of Chicago. This note is also sometimes refered to as the Marshall Note. This note is the second finest graded by PMG. It features great body firmness and decent margins on both sides. It is graded as a PMG VF-30. Notice the boardwalk margins on the reverse. This is one of the few no-problem VF notes available. Almost all of the uncirculated or high grade almost uncirculated 1918 $500 and $1,000 FRN notes were purchased by an overseas buyer when Lyn Knight auctioned off the famous Rickey Collection of 1918 $500 and $1,000 FRNs several years ago in Chicago. Most of the lower graded have splits, tears or repairs.
This note has no rips, tears, pinholes, bank stamps or missing pieces. It has never been cleaned or doctored... as so many have!
There are 34 known. Here is the breakdown:
3 in Institutions
7 are in VG or less & are damaged
There are many as original as this one, in any grade.
This note has been graded as a PMG VF-30 which is the second finest by PMG.
The front features the head of John Marshall and the reverse features a scene form DeSoto discovering the Mississippi River.
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