PCGS BG AU55
Fr. 1132-F. 1918 $500 Federal Reserve Note. Atlanta. PCGS Banknote About Uncirculated 55. Just 11 of these Atlanta 1918 $500 FRNs are known to collectors. This example comes from a serial number run of high grade notes which has provided most of the recorded examples. <p>The imposing face design is ornately detailed with bold 500 counters in each corner. The sharply detailed portrait of Chief Justice John Marshall at center is flanked by the engraved signatures of Treasury officials John Burke and Carter Glass. While the face design is rather open, except for the margins, the back design has an incredibly detailed vignette De Soto Discovering the Mississippi, an engraving by Frederick Girsch.<p>This lightly handled note displays ample margins and bright, creamy white paper. The engraved design elements are all darkly portrayed in striking detail. The deep blue overprint inks are boldly presented as well. The note is free of any detracting faults or impairments. <p>High denomination large size notes such as this are always popular with collectors. The Series of 1918 $500s as a type are not as readily available as their $1000 counterparts. We sold the finest known Fr.1132-f, graded Choice Uncirculated 64 EPQ by PMG, for $111,000 as part of the D. Brent Pogue Collection in March of this year. Prior to that we sold a PCGS Currency Choice About New 58 example from the Joel R. Anderson Collection for $58,800 in March of 2018. The presently offered example certainly rivals the Anderson note in terms of quality and desirability.