Today, Americans are very familiar and comfortable with the paper currency issued by the Treasury. From the $1 bill kids use to buy treats at the store to the $100 bill you might spend on a nice night out with friends, these denominations are well-known and used on a daily basis. In the early 20th century, however, there were Federal Reserve Notes issued that few Americans likely knew about and that even fewer Americans ever saw. Provident Metals now offers 1934 $1000 Federal Reserve Notes for purchase online in certified condition.

Highlights:

• Arrives with a protective paper currency sleeve!
• Last version of the $1000 Federal Reserve Note issued!
• Limited number of certified notes available!
• Issued a face value of $1,000 (USD) by the government of the United States.
• Bears a Grade of Very Fine 25 from the PMG.
• The obverse depicts President Grover Cleveland.
• On the reverse side is the denomination of the bill.

When you purchase one of these 1934 $1000 Federal Reserve Notes, you will receive a paper note that is protected in a plastic currency sleeve. The PMG certified these notes as Very Fine 25 specimens, indicating that each one presents with modest signs of handling and circulation. These issues include folds in the note and soiling of the paper.

Obverse

The obverse side of the 1934 $1000 Federal Reserve Note features a portrait of President Grover Cleveland. The 1934 Series was the last redesign of the $1000 Federal Reserve Note and its imagery was used through the 1960s when the Treasury discontinued the notes and began to collect those notes still held by banks. This effigy replaced the original $1000 Federal Reserve Note design with the portrait of Alexander Hamilton.

Reverse

On the reverse face of 1934 $1000 Federal Reserve Notes is a field that consists largely of the denomination of the note. The face value is noted multiple times on this side. The original 1918 reverse design featured an American bald eagle with a flagpole in its talons.

History

The $1000 Federal Reserve Notes were never intended for circulation in public. These notes only show signs of circulation and handling as a result of bank-to-bank or government-to-bank transactions. The 1918 Series Federal Reserve Notes offered denominations well in excess of the average American households income. In 1918, the average American household earned $1,518 dollars. As such, a $1000 Federal Reserve Note represented in one paper note nearly two-thirds of an individuals annual income.

Instead, these notes were used to facilitate easier transfers of large sums of cash between banks in an era when wire transfers and electronic banking did not exist.

Ordering

Provident Metals customer service is available to assist you at 800-313-3315. Additionally, you can reach out to us online through our live chat and email address features.