Fr. 2200-G. 1928 Light Green Seal $500 Federal Reserve Note. Chicago. PCGS Banknote About Uncirculated 55.Holding a special place in the minds of collectors and dealers alike, the Series of 1928 better known as the so-called "Gold Clause" notes feature a long defunct guarantee stating "REDEEMABLE IN GOLD ON DEMAND AT THE UNITED STATES TREASURY OR IN GOLD OR LAWFUL MONEY AT ANY FEDERAL RESERVE BANK" in bold letters above the Federal Reserve district seal. Just imagine being able to exchange this note for 25 freshly struck Double Eagles fresh off the truck from the Philadelphia Mint, and one will immediately understand the allure of such an item. From light circulation to the striking Light Green overprint one cannot help but be enthralled by what amounts to be a superb representative of an already popular denomination subject to strong demand from across the breadth of the numismatic spectrum. <p>
