1862-1863 Legal Tender $500 Bill Value
OldMoneyPrices.com has estimated the average value of a 1862-1863 $500 Legal Tender banknote at $500,000. An uncirculated (UNC) example may be worth over $1,250,000. (read more)
Years: 1862 & 1863
Type: U.S. Banknote
Denomination: 500 Dollars
Country: United States
Portrait: Albert Gallatin
Numismatic Value: $500,000 to $1,250,000
Value: To give an estimate of this banknote in circulated, average, condition in normal market conditions you would be looking at around $500,000, while the same note in uncirculated (UNC) condition would be worth around $1,250,000. By average condition we’re talking about the majority of notes in circulation in worn condition, and uncirculated condition meaning it doesn’t have a single fold or abnormality on the bill.
Text on Note: 500 – Washington – March 10th, 1862 – The United States of America – Five Hundred Dollars – Payable at the Treasury of the U.S. at New York – American Bank note Company – $500 – Green
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