This bill usually appraises at around $4,000, but if it’s in pristine condition, that figure can climb into the tens of thousands. However, if there’s something special about the $500 bill, it can be worth much more.įor example, the BEP printed a gold certificate $500 note in 1922. If it’s a standard $500 bill and the paper is in good shape rather than tattered and worn, it can be worth anywhere from $650 to $800. In short, more than $500, but the amount varies depending on a number of factors. They also might be in the possession of rare coin and currency dealers and buyers, such as the Americash location near Downers Grove and Hinsdale. Instead of banks, these rare bills occasionally might be found in the hands of private collectors. While millions of this denomination were printed during the bill’s heyday, the number floating around today is much lower. Since the bill stopped rolling off the BEP’s presses in 1945 and got yanked from circulation 50 years ago, your bank’s ATM won’t be spitting out any $500 bills these days, nor will your neighborhood teller give you this rare paper currency. Can You Get a 500 Dollar Bill from the Bank? A few feature scenes from moments in our nation’s history, such as Hernando de Soto discovering the Mississippi River. ![]() The honor of being on the bill also fell to names you might need to Google, such as DeWitt Clinton (former New York Senator in the early 19th century) and William Learned Marcy (Secretary of State during the Pierce administration). Founding Father Alexander Hamilton also made an appearance on the $500 bill. These include names still familiar to most Americans today, such as presidents Abraham Lincoln and John Quincy Adams. In between, the 500 dollar bills featured a who’s who of American presidents and dignitaries graced on the front. The last bill featured the face of William McKinley, the president whose term was cut short by an assassin’s bullet. The first 500 dollar bill, issued in 1862, featured the likeness of Albert Gallatin, the longest-serving Secretary of the Treasury at the time. If you have a $500 bill in your hands, you’re holding onto a piece of American history. These days, the BEP only prints bills from $1 to $100. The government took the bill out of circulation for good in 1969. ![]() The BEP continued printing the denomination until 1945. Well, it made its financial debut during Civil War days. (Fun fact: They also printed $100,000 gold certificate notes, but those didn’t take up space in anyone’s billfold-those massive bills were only issued to Federal Reserve banks, not put out for public use.)īut what about the $500 bill, though? When was it printed? ![]() In past years, the Bureau of Engraving and Printing (BEP)-the division of the Department of Treasury that decided which denominations to print and circulate-put out some very big bills. That denomination might be worth more than the face value – and same goes for the $1,000 bill! History of the $500 Bill If you happen to have one of those big bills in your wallet, you’re a lucky person. Sell Your Coins & Currency Call Us Are $500 bills in circulation these days?
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