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Fr. 2200-B 1928 $500 – New York

PMG VF 20

$1,250

PCGS GEM 65 PPQ

The earlier Series 1928 high denominations (with the unique redeemable in gold clause) have a very strong following. They make up just a small fraction of of all high denoms and should be considered under valued.

This New York District example has slightly toned paper but not enough for PMG to flag the note with any faults. The note is problem free for the grade.