1934D United States $50 Federal Reserve Note PMG 66GU New York TOP POP Scarce
This 1934D $50 Federal Reserve Note from the New York district (Fr. 2106-B) is an exceptional example of mid-20th-century U.S. currency. Graded PMG Gem Uncirculated 66 EPQ, this note boasts outstanding margins, sharp embossing, and pristine paper quality. It is also notable as the finest graded example for this district by PMG, adding to its prestige and desirability among collectors.
Historical Significance
The 1934D series was issued during the final years of the Great Depression and into the early 1940s, a period of economic recovery and preparation for World War II. These notes maintained the classic small-size design established in 1928 but included subtle changes such as modifications to the Treasury seal and overprint details. High-grade survivors from this series are particularly difficult to find, making this note a remarkable piece of numismatic history.
Design and Features
- Obverse: Displays a dignified portrait of Ulysses S. Grant, the Civil War general and 18th U.S. president. The New York Federal Reserve Bank is designated by the bold "B" seal to the left of the portrait.
- Reverse: Features a detailed engraving of the U.S. Capitol, reinforcing the note’s connection to federal authority and stability.
- Overprint & Serial Numbers: This note exhibits an exceptionally deep and vivid overprint, with the Treasury seal, district seal, and serial numbers sharply defined.
- Margins & Paper Quality: With EPQ (Exceptional Paper Quality) designation, this note retains its original texture, crispness, and embossing, making it highly appealing to collectors.
Collector’s Value
As the finest known example for this district, this PMG Gem Uncirculated 66 EPQ note is a premier piece for collectors of Federal Reserve Notes. The superior grade, combined with its rarity in such pristine condition, ensures strong demand among numismatists. Whether as a standout investment piece or a highlight in a high-end collection, this scarce 1934D $50 FRN from New York is a true numismatic prize.
