The establishment of the Federal Reserve in 1914 led to the release of a new form of paper currency that remains, a century after the fact, the only form of paper money still in circulation in the United States. Federal Reserve Notes were introduced in two waves in 1914 and 1918, with the latter featuring denominations the US took out of circulation starting in the 1960s. Surviving specimens from this era are prized collector items. Right now, you can buy certified 1934 $1000 Federal Reserve Notes online at Provident Metals.

Highlights:

• Arrives with a protective plastic currency sleeve!
• Released in the final design series of $1000 Federal Reserve Notes!
• Limited number of certified notes available!
• Bears a face value of $1000 (USD) fully backed by the American government.
• Issued a Grade of Very Fine 30.
• President Grover Cleveland on the obverse.
• Denomination on the reverse.
• Please bear in mind that note labels may feature PMG or PCGS.

With your purchase of the 1934 $1000 Federal Reserve Note in this Provident Metals listing, you will receive a note individually packaged in a plastic currency sleeve. Very Fine 30 grades from the PMG or PCGS indicate notes that show light signs of circulation and handling, with light soiling possible in the paper and somewhere between 7 to 10 fold lines present. We are not able to guarantee whether you receive a note with PMG or PCGS labels. All items are chosen at random after your payment clears.

Obverse

President Grover Cleveland features on the obverse of 1934 $1000 Federal Reserve Notes. President Cleveland had previously featured on the 1914 Series $20 Federal Reserve Note, but that notes 1929 redesign for the small-sized format replaced President Cleveland with President Andrew Jacksons bust. This portrait of President Cleveland is the same as was previously used on the $20 note.

Reverse

The denomination of the 1934 $1000 Federal Reserve Note is the only design element featured on this side. Previously, these notes had featured ornate portrait elements, but the 1934 Series introduced simpler notes with a clean field and only notations of the denomination.

History

The 1934 Series was the first and last redesign of the 1918 Series Federal Reserve Notes. These notes remained in circulation among banks and the federal government until the 1960s. At this point, the notes were removed from circulation, with most completely gone by 1971. Many of those notes were simply destroyed, making surviving specimens a treat to behold.

Ordering

If you have questions, Provident Metals is here to help. Please call us at 800-313-3315, chat with us live online, or simply send us an email with your inquiries.