1934 Bill Appraisal

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Series 1934 $50 Federal Reserve Note (Chicago)

This is a Series 1934 United States $50 Federal Reserve Note issued through the Federal Reserve Bank of Chicago, Illinois (District 7, designated by the letter 'G'). The note features a central portrait of Ulysses S. Grant. The physical bill is a small-size note printed on standard cotton-linen fiber paper with visible red and blue security threads. Key indicators include the 'Series of 1934' designation, the green Treasury seal on the right, and the serial number G00696711A. Condition is heavily compromised, exhibiting a significant prominent brownish stain (likely oxidation, rust, or organic fluid) obscuring the right-hand 'FIFTY' text and Treasury seal. The note shows heavy circulation wear, including multiple vertical folds, edge fraying, and general soiling. A notable '400' graphite pencil marking is visible in the white space left of the portrait. The signatures present are of W.A. Julian (Treasurer of the United States) and Henry Morgenthau Jr. (Secretary of the Treasury). The reverse, though not visible, would depict the U.S. Capitol building in green ink. This piece represents a mid-Great Depression era issue but suffers from significant condition issues that would appeal primarily to budget-conscious numismatists or those interested in historical curiosities.

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$55 - $65

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