Unveiling the Value of a Historic Gem: 1934 $50 Dollar Bill
Unveiling the Value of a Historic Gem: 1934 $50 Dollar Bill
Intriguing History and Rarity
The 1934 $50 dollar bill holds a prominent place in American numismatics, boasting a limited mintage of only 13,516 notes. These bills were part of the Federal Reserve Note Series of 1934, featuring a portrait of Ulysses S. Grant on the obverse and the Treasury Building on the reverse. Their scarcity and historical significance contribute to their allure among collectors.
| Characteristic | Details |
|---|---|
| Mintage | 13,516 |
| Issuance | 1934 |
| Denomination | $50 |
| Date | Mintage |
|---|---|
| 1934 | 13,516 |
Assessing the Value of 1934 $50 Dollar Bills
Determining the worth of 1934 $50 dollar bills requires careful consideration of several factors, including condition, rarity, and demand. According to the American Numismatic Association, the value of an uncirculated bill can range from $6,000 to $15,000, while circulated bills can fetch between $2,000 and $5,000.
| Grade | Value Range |
|---|---|
| Uncirculated (MS-60) | $6,000 - $15,000 |
| Extremely Fine (EF-40) | $4,000 - $10,000 |
| Very Fine (VF-20) | $2,000 - $5,000 |
| Condition | Value Range |
|---|---|
| Uncirculated | $6,000 - $15,000 |
| Circulated | $2,000 - $5,000 |
Success Stories of Valuable 1934 $50 Dollar Bills
The value of 1934 $50 dollar bills has soared in recent years, with exceptional specimens commanding impressive prices at auctions. Here are notable success stories:
- In 2018, a 1934 $50 dollar bill graded MS-64 sold for $12,650 at Heritage Auctions, surpassing its estimated value.
- Another 1934 $50 dollar bill graded MS-63 was auctioned by Stack's Bowers Galleries in 2019 for an impressive $10,575.
- In 2020, a 1934 $50 dollar bill graded EF-40 fetched a staggering $9,988 at an auction held by GreatCollections.
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