Need some help: 1934A $500 note

John91C · 10-16-2015, 03:57 PM

Posted this on the PMG forum as well but I thought I would ask here as well.

I have an opportunity to buy this from a friend. He said he purchased it many years ago and now wants to sell it.

I'm pretty new to paper money. Can anyone help me as far as grade, value and if it's counterfeit? Thanks for any help! Should I get this graded? There is a small tear at the "FIVE" about 3/4" long.

nanners13 · 10-16-2015, 04:01 PM

that tear is ugly. I'd pass (or) I wouldn't pay %500 for it with the tear. I'm sure its worth more though. I cant help on the grade perhaps others can chime in. Its Really cool Don't Get me wrong. You never see these anymore. Hell you never saw them back then. Thanks for posting. Good Luck either way when you decide

John91C · 10-16-2015, 05:22 PM

Does the tear really downgrade the "grade" on the note or is that something you don't like on notes? Trying to figure out if it's worth it to purchase this note.

smackvay · 10-16-2015, 06:55 PM

tear in paper is the same as a tear on a sports card as far as grading goes
tear = bad news, unless the tear is factored into price

twoten01 · 10-19-2015, 09:50 AM

First off the bill is 100% authentic. How much is your friend looking to get for it?

John91C · 10-19-2015, 12:06 PM

He told me he would sell it to me for $650. I think I might have a little more wiggle room due to the tear.

twoten01 · 10-19-2015, 03:38 PM

I think you would be able to make money at $650, but I would shoot for 600. Very nice note though!

John91C · 10-21-2015, 06:28 PM

I was able to get the note for $600. Hope there's some profit margin!

John91C · 07-26-2023, 07:46 AM

Just wanted to update this...finally got around to grading this. It's more for preservation and if I hand it down then kids will know it's 100% real. I know the tear hurt the grade but I had no idea of "Mule". Since I'm still not big into currency...is Mule considered a more "rare" item? Anyways, here are the scans!

jacksonjj · 08-21-2023, 04:26 PM

thanks for sharing love to see

MarlinsFanJax · 08-23-2023, 09:22 AM

thanks so much for sharing the photos after 8 years the thread is alive again.

great looking note even with the tear.

revil41 · 02-07-2024, 03:05 AM

The mule dose make it more expensive.

smackvay · 02-13-2024, 10:07 PM

Id say it isnt worth anything, because i feel bad for you i will bail you out and give you your money back on it. Just let me know where to send PayPal to.

Patiently waiting
Mike

carl2001 · 02-22-2024, 06:19 PM

Pretty 500 hundo

blackbears86 · 03-14-2024, 07:54 PM

beautiful $500.

Graded paper bills look damn sweet in those PCGS holders.

10-16-2015, 03:57 PM	#1
John91C Member Join Date: Mar 2009 Location: Deep in the Heart of TEXAS! Posts: 5,622 joyoo	Need some help: 1934A $500 note Posted this on the PMG forum as well but I thought I would ask here as well. I have an opportunity to buy this from a friend. He said he purchased it many years ago and now wants to sell it. I'm pretty new to paper money. Can anyone help me as far as grade, value and if it's counterfeit? Thanks for any help! Should I get this graded? There is a small tear at the "FIVE" about 3/4" long. __________________ Photobucket (not always up to date): http://s160.photobucket.com/albums/t199/John91C/

10-16-2015, 05:22 PM	#3
John91C Member Join Date: Mar 2009 Location: Deep in the Heart of TEXAS! Posts: 5,622 joyoo	Does the tear really downgrade the "grade" on the note or is that something you don't like on notes? Trying to figure out if it's worth it to purchase this note. __________________ Photobucket (not always up to date): http://s160.photobucket.com/albums/t199/John91C/

10-16-2015, 06:55 PM	#4
smackvay Member Join Date: May 2012 Location: west virginia Posts: 11,944	tear in paper is the same as a tear on a sports card as far as grading goes tear = bad news, unless the tear is factored into price __________________ SUPERCOLLECTOR LOOKING FOR PAT WHITE CARDS NEED SILVER? HAVE SILVER? PM ME EITHER WAY

10-19-2015, 12:06 PM	#6
John91C Member Join Date: Mar 2009 Location: Deep in the Heart of TEXAS! Posts: 5,622 joyoo	He told me he would sell it to me for $650. I think I might have a little more wiggle room due to the tear. __________________ Photobucket (not always up to date): http://s160.photobucket.com/albums/t199/John91C/

10-21-2015, 06:28 PM	#8
John91C Member Join Date: Mar 2009 Location: Deep in the Heart of TEXAS! Posts: 5,622 joyoo	I was able to get the note for $600. Hope there's some profit margin! __________________ Photobucket (not always up to date): http://s160.photobucket.com/albums/t199/John91C/

10-16-2015, 04:01 PM	#2
nanners13 Member Join Date: Apr 2009 Location: Virginia Posts: 3,086 Slicksilver66	that tear is ugly. I'd pass (or) I wouldn't pay %500 for it with the tear. I'm sure its worth more though. I cant help on the grade perhaps others can chime in. Its Really cool Don't Get me wrong. You never see these anymore. Hell you never saw them back then. Thanks for posting. Good Luck either way when you decide

10-19-2015, 09:50 AM	#5
twoten01 Member Join Date: Feb 2011 Posts: 1,694	First off the bill is 100% authentic. How much is your friend looking to get for it?

10-19-2015, 03:38 PM	#7
twoten01 Member Join Date: Feb 2011 Posts: 1,694	I think you would be able to make money at $650, but I would shoot for 600. Very nice note though!

07-26-2023, 07:46 AM	#9
John91C Member Join Date: Mar 2009 Location: Deep in the Heart of TEXAS! Posts: 5,622 joyoo	Just wanted to update this...finally got around to grading this. It's more for preservation and if I hand it down then kids will know it's 100% real. I know the tear hurt the grade but I had no idea of "Mule". Since I'm still not big into currency...is Mule considered a more "rare" item? Anyways, here are the scans! __________________ Photobucket (not always up to date): http://s160.photobucket.com/albums/t199/John91C/

08-21-2023, 04:26 PM	#10
jacksonjj Member Join Date: Aug 2023 Location: San Diego Posts: 797	thanks for sharing love to see

08-23-2023, 09:22 AM	#11
MarlinsFanJax Member Join Date: Nov 2022 Location: Jacksonville GO SHRIMP Posts: 25 zforc_86	thanks so much for sharing the photos after 8 years the thread is alive again. great looking note even with the tear.

02-07-2024, 03:05 AM	#12
revil41 Member Join Date: Jul 2008 Location: NWPA Posts: 1,679	The mule dose make it more expensive. __________________ 2013 the year integrity went away. Scamming is wrong. But if you get caught and make it right, it cancels the scamming out.

02-13-2024, 10:07 PM	#13
smackvay Member Join Date: May 2012 Location: west virginia Posts: 11,944	Id say it isnt worth anything, because i feel bad for you i will bail you out and give you your money back on it. Just let me know where to send PayPal to. Patiently waiting Mike __________________ SUPERCOLLECTOR LOOKING FOR PAT WHITE CARDS NEED SILVER? HAVE SILVER? PM ME EITHER WAY

02-22-2024, 06:19 PM	#14
carl2001 Member Join Date: Sep 2007 Location: California Posts: 3,329 cardcollectorcarl	Pretty 500 hundo __________________ I collect BASKETBALL cards and old sealed boxes.

03-14-2024, 07:54 PM	#15
blackbears86 Member Join Date: Apr 2011 Location: maine Posts: 17,030 blackbears86	beautiful $500. Graded paper bills look damn sweet in those PCGS holders.