Astounding 100-Note Pack of Series 1934A $500 Notes is First Banknote Pack Graded Under New Service
A full 100-note consecutively numbered pack of Series 1934A $500 Federal Reserve Notes is the first submission under a new banknote pack grading and encapsulation program that PCGS will soon be debuting in the United States.
“This is not only one of the oldest-surviving intact packs of U.S. banknotes to surface, but also the only pack of $500 notes believed to exist. It could be one of the rarest and most valuable banknote packs,” states PCGS President Stephanie Sabin.
PCGS Banknote Manager Joseph Pielago explains, “Banknote pack grading opens up an entirely new world of opportunities for collectors who previously had to break up historic or numismatically significant banknote packs for the purpose of getting these pieces graded and encapsulated. Collectors can maximize the value and security of their banknote packs with our revolutionary holder and never again need to break apart valuable packs to do so.”
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