1934 $ 50 Federal Reserve Chicago Reverse Changeover pair

Being offered today is an Extremely Rare REVERSE CHANGEOVER PAIR of the 1934 $ 50 Federal Reserve Note series. This is the FINEST KNOWN EXAMPLE OF THE ENTIRE 1934 $ 50 FEDERAL RESERVE SERIES!!

These notes are encased in a multi-note style holder. This showcases the notes in a more creative way, which makes them even more valuable and collectible.

The first note is graded by PMG in 65 Gem Uncirculated Exceptional Paper Quality (EPQ). The second note is graded by PMG in 66 Gem Uncirculated Exceptional Paper Quality (EPQ)! Both notes have a low serial number.

If you are an avid collector of true quality currency, then these notes are for you. This opportunity is for the discerning currency enthusiast who has been waiting for a TOP QUALITY offering such as this. So, if you are looking for something out of the ordinary, then look no further.

The notes are from the Chicago Series, which is designated by the “G” on the left side of both notes. (see pics). These changeover pairs in this high grade rarely come up for sale, so here is your opportunity to obtain this set for your collection or investment portfolio!! This pair of notes is impossible to find in this condition.

Changeover Pairs are an interesting phenomenon that occurred during the early years of printing small currency. Changeover pairs are consecutive notes that transition to a different series. In this case the notes are 1934 A to 1934. If the changeover occurs from a later series to an earlier series, such as these notes, then it is called a reverse changeover pair.

This process occurred because the Bureau of Engraving and Printing (BEP) workers kept using old plates due to high engraving costs. Some signatures were already engraved into the plates even long after a signer had left their office, or the plates would be used until they were worn out or were retired.

They would group together various front and back plates on the same press. After the first and second printing (where the differences of series would occur) the sheets would be cut and compiled into one stack. All that was left was the third printing which contained the serial numbers. The stack of partially completed notes would be numbered in sequence creating the changeover pair.

The color just pops off the notes. The margins are centered very well, and the ink is well embossed. The colors are bright and bold. The well-preserved paper adds to its visual eye appeal.

These notes are encased and sealed by PMG. Every PMG certified note is backed by the industry leading PMG guarantee, which provides greater protection for both BUYERS AND SELLERS.