Respectfully, if I found the note in circulation, I might keep it or sell it at face to someone that collects them. I wouldn’t buy a note in that condition, unless it was exceedingly rare.
$50. I was in Mexico with my sister and she tried to exchange a $100 for pesos for the day. They told her it was counterfeit. She handed it to me and asked if it was. It was real, just a 1934. Since the colors were so different - darker black on front and light green on and without "In God We Trust", they thought it was a counterfeit. She asked me what it was worth, and I told her $100 in the U.S. Circulated it wasn't collectible. The person that owned it for all those years would have made much more with it in a bank collecting interest.
Thanks for the replies. I suppose it isn't worth much over face value. I only paid $56 when I bought it, so I'm still happy because I think its a neat bill.
I wouldn't call $56 overpaying... I mean who is selling these delivered at face? He could spend the next twenty years looking at change and never get a 1934 $50. I would offer advice - unless you are interested in collecting high denominations, keep in mind almost all of the value of this particular note is, in fact, it's face value. If you like older notes, you might want to collect $10's - you can likely get 2 or 3 $10's from the same era for the same price as this one $50. You might also look for the light green seals from this era which are not really much of a premium but are a distinct and desirable collectible subset from the 1928B/C and 1934 series.
