Austin, Texas. Republic of Texas. 1839-41. $500. PMG Very Fine 30. (Shull Cr. A9) Rawdon, Wright, Hatch & Edson, New Orleans. Large 500 in panel at left. Commerce and Plenty seated with ships in the background near center. Liberty with shield and capped pole at right. Back printed in reddish orange. This $500 is the key note from the Republic of Texas series and the highest denomination issued by the fledgling nation. The presently offered example is boldly printed and sharply detailed. The cut is above average and the paper is free of distractions. A cut cancellation is found in the left signature. The grading service mentions a minor tape repair on the back of the holder. This is one of the most important types in the Texas currency series.