Fr. 1132-L $500 1918 Federal Reserve Note PCGS Banknote Fine 12.. ...
Description
Elusive 1918 San Francisco $500 FRN - New Addition to the Track & Price Census
Fr. 1132-L $500 1918 Federal Reserve Note PCGS Banknote Fine
12.A mere 23 examples of this scarce $500 FRN number are recorded in the Track & Price Census, with our current offering being a new addition to that count. The back includes an iconic vignette printed in green ink of De Soto Discovering the Mississippi. Hernando De Soto is the focal point of the design as he rides into the foreground on horseback, his party of Native American braves and white explorers looking on. While this piece has seen time in circulation, it showcases great eye appeal, nice color, and even wear. We have had the privilege of auctioning three examples of this number previously, with this note marking the fourth offering. Expect our conservative estimate to be surpassed tonight for this outstanding representative which lacks any meaningful condition impairments.
Estimate: $10,000 - up.
Auction Info
Buyer's Premium per Lot:
22% of the successful bid (minimum $29) per lot.
This lot is in: 5 -
Heritage Signature® Auctions Floor Session - Platinum Session (Live Floor, Live Phone, Mail, Fax, Internet, and Heritage Live):
(Lots 22001-22277) - 5:00 PM Central Time, Friday, January 16, 2026.
[Proxy bidding ends ten minutes prior to the session start time. Live Proxy bidding on Heritage Live now starts within 2 hours of when the auction opens for proxy bidding and continues through the live session.]
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Additional Location Info:
Heritage Auctions
2801 W. Airport Freeway
Dallas, TX 75261
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