1934 $ 50 Federal Resesrve Chicago reverse changeover pair PMG 65 and PMG 66 # 868 and # 869

BEING OFFERED TODAY IN AN EXTREMLY RARE AND I DO MEAN RARE, REVERSE CHANGEOVER PAIR OF 1934 SERIES $ 50.00 FEDERAL RESERVE NOTES. THIS IS THE FINEST KNOWN EXAMPLE OF THE CHICAGO SERIES!! THESE NOTES ARE ENCASED IN THE SAME HOLDER, WHICH IS EVEN MORE RARE!

THE FIRST NOTE IS GRADED IN PMG 65 GEM UNCIRCULATED EXCEPTIONAL PAPER QUALITY (EPQ)! THE SECOND NOTE IS GRADED IN PMG 66 GEM UNCIRCULATED EXCEPTIONAL PAPER QUALITY (EPQ)!

Changeover Pairs are an interesting phenomenon that occurred during the early years of printing 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, 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 face 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.

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!! These notes are virtually impossible to find in this condition.

The color just pops off the notes. The margins are centered very well, and the ink just pops off the notes.  The colors are bright and bold. The vibrant colors and well-preserved paper add to the visual eye appeal. These notes have fantastic eye appeal.   The notes show no sign of wear on the corners or the sides.  All of the corners and edges of the note are crisp and clean.  There are no pinholes, rips, stains, or tears. 

The notes will be encased in a long-term preservation holder. The holder is made to enhance the presentation of the encapsulated note and protects against tampering. The notes pictured are the exact notes you will receive.

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 offer such as this. So, if you are looking for something out of the ordinary, then look no further.

This 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.