From 1918 to the early 1970s, the United States issued Federal Reserve Notes with denominations that most Americans never saw in person. These denominations of $500, $1,000, $5,000, and $10,000 were restricted to use by the government and banks for bank-to-bank transactions that required moving large sums of money. Surviving specimens from this era are hard to come by as most were destroyed in the 1970s when the series was canceled. Today, you have the opportunity to get certified 1934 $1000 Federal Reserve Notes online from Provident Metals.

Highlights:

• Arrives with a protective currency sleeve!
• Last redesign of the $1000 Federal Reserve Note!
• Limited number of certified notes!
• The face value of $1000 (USD) is backed by the United States of America.
• Graded About Uncirculated 50+.
• On the obverse is a portrait of President Grover Cleveland.
• The reverse features the denomination of the note.
• Please bear in mind it is possible to receive notes with a grade anywhere between AU50 and AU59.
• Notes may feature certification from either the PMG or PCGS.

The 1918 Series of Federal Reserve Notes introduced denominations that the Federal Reserve intended for limited use. These notes were only circulated and handled in transactions between the federal government and banks or from one bank to another. In the era before mobile banking and wire transfers, these large denominations made it easier for banks to transfer large sums of money.

Obverse

On the obverse of 1934 $1000 Federal Reserve Notes is a depiction of President Grover Cleveland. This design shows President Cleveland in right-profile relief inside the familiar porthole frame that all Federal Reserve Notes use.

Reverse

The reverse side of the 1934 $1000 Federal Reserve Note comes with an image of the denomination and nation of issue. The notations are simple on this side and have UNITED STATES OF AMERICA printed across the center, with various notations of the face value.

History

The 1934 Series redesign of the larger denominations of Federal Reserve Notes had some interesting flip-flops for US notes. President Grover Cleveland had originally featured on the 1914 $20 Federal Reserve Note, but had been replaced in 1929 by President Andrew Jackson. When his effigy came to the $1000 Federal Reserve Note in 1934, he replaced the original image of Alexander Hamilton on this not.

Interestingly, the Federal Reserve was playing a bit of musical chairs in this case with the images of these figures. In 1914, President Jackson was on the $10 Federal Reserve Note and made the aforementioned move to the $20 Federal Reserve Note in 1929. That same year saw Alexander Hamilton move to the $10 Federal Reserve Note, and was eventually replaced by President Cleveland on these $1,000 notes.

Ordering

These 1934 $1000 Federal Reserve Notes are AU50+ specimens. Notes in this condition have only two heavier fold lines, or may instead have several lighter horizontal and vertical folds. There is obvious evidence of handling on the notes. Each one comes with a protective currency sleeve. We do not guarantee whether the note you receive is graded by the PMG or PCGS. All notes are chosen randomly after your payment clears.

Please contact Provident Metals with any questions. You can call us at 800-313-3315, chat with us live online, or email us directly.