Fr. 1132-B. 1918 $500 Federal Reserve Note. New York. PMG Very Fine 25.，This note is one which when viewed creates a strong appreciation for the hobby we all know and love. The magnificent reverse vignette of "De Soto Discovering the Mississippi" is seen with still great clarity for the grade and the large portrait vignette of Marshall at center, equally so. PMG mentions "Pinholes," in the comments section of the holder which are only readily seen when back lighting the note. Certainly a nice way to represent the type without paying hefty premiums for more scarce varieties of this already scarce design.
