The United States five-hundred-dollar bill (US$500) is an obsolete denomination of United States currency. It was printed by the US Bureau of Engraving and Printing (BEP) beginning in 1861 and ending in 1945.

Jun 19, 2024 · The last $500 bill rolled off the presses in 1945, and it was formally discontinued 24 years later. The $500 bill remains legal tender, but most of them are in the hands of dealers and collectors.

Large-denomination currency (i.e., banknotes with a face value of $500 or higher) [1] had been used in the United States since the late 18th century. [2] . The first $500 note was issued by North Carolina, authorized by legislation dated May 10, 1780. [3] .

Oct 29, 2024 · President William McKinley's face appears on the $500 bill, which is no longer in circulation. The $500 bill dates to 1918 when Chief Justice John Marshall's face initially appeared on the denomination. The Fed and Treasury discontinued the $500 bill in 1969 for lack of use.

Aug 8, 2023 · How much is a $500 bill worth? The $500 bill is a discontinued denomination but still legal tender. The bill features a portrait of President William McKinley. The bill was discontinued primarily due to low usage and high production costs.

Apr 5, 2024 · Join us as we peel back the curtain on the $500 bill‘s fascinating history and value as a prized collectible. While today a $500 bill seems like Monopoly money, these large notes actually played a crucial role in the American economy for over 200 years.

Jul 1, 2024 · Once upon a time, $500, $1,000, $5,000, $10,000 and $100,000 bills were in circulation. Here's what they looked like.

A common circulated 1928 five hundred dollar bill will be worth at least $1,000. Uncirculated bills will be worth several thousand dollars. Notes that have a light-colored seal, a star symbol, or low serial number, will be worth at least $1,500 and potentially over $10,000 for the right combination.

Oct 12, 2023 · While the $500 bill is no longer in circulation, it is crucial to note that it remains a legal tender. This means that you could use a $500 bill to settle a debt or make a payment. However, the reality is that these bills are exceptionally rare and …

Old $500 bills can be worth anywhere between $550 to $1,600 depending on its condition. As shown in our guide, some $500 bills can be worth a lot more. One of the most valuable $500 bills we’ve ever purchased was a 1928 $500 star note in uncirculated (no folds) condition.