1934 $1,000 Federal Reserve Notes (PMG Very Fine 25) - Silver.com™
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1934 $1,000 Federal Reserve Notes (PMG Very Fine 25)

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Call us at 1-866-898-4805 or email us at buybacks@silver.com to receive custom bid pricing for this item. Note that buybacks are subject to $1,000 minimums as well as possible maximums depending on inventory positions, and require verbal confirmation via phone.

Federal Reserve Notes are the only paper notes still in production in the United States today. Introduced in 1914, the notes debuted at a time when large-sized notes were still in production. The first denominations in this series were those still in use today. In 1918, a series of Federal Reserve Notes was introduced that delivered denominations used to facilitate transfers between banks in an era before electronic banking and wire transfers. Today, 1934 $1000 Federal Reserve Notes in certified condition are available to you online at Silver.com.

Note Highlights:

  • Available to ship to you inside plastic currency sleeves!
  • Final redesign of $1000 Federal Reserve Notes!
  • Availability of certified notes is limited!
  • The face value of $1,000 (USD) is fully backed by the US government.
  • Graded Very Fine 25 by the PMG.
  • On the obverse is President Grover Cleveland.
  • The reverse has markings of the denomination.

The 1918 Series of Federal Reserve Notes marked the introduction of $500, $1,000, $5,000, and $10,000 notes. These notes were all removed from circulation in the United States beginning in the 1960s, and once collected by the Treasury, the vast majority were destroyed. This makes remaining samples a true treasure of a bygone era in American paper money.

All of these 1934 $1000 Federal Reserve Notes are available to purchase here with a PMG Very Fine 25 grade. Housed in plastic currency sleeves for protection, these notes show only modest signs of handling and use, with folds and soiling of the paper common. 

On the obverse of 1934 $1000 Federal Reserve Notes, you will find a portrait of President Grover Cleveland. The president’s portrait features in the common porthole frame with his effigy set in a three-quarter right-profile relief. The design replaced Alexander Hamilton’s bust on the note in 1934, with Hamilton having featured on the 1918 Series of $1000 Federal Reserve Notes. The reverse side of the note has only markings of the denomination.

Notes such as these 1934 $1000 Federal Reserve Notes were rarely seen by everyday Americans in the early 20th century. From the moment the notes were issued, most were held by banks and used to facilitate large transfers between banking institutions. Few Americans would have had the need for such a large bill in everyday use, and the larger denominations made it easier for banks to complete large transfers in an era without wire transfers, the Internet, and online banking.

Please contact Silver.com if you have any questions about these notes. You can call us at 888-989-7223, chat with us live online, or email us directly.

Additional information

Weight 2.7000 oz

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Year:  1934

Grade: VF25

Grader: PMG

Mint Mark:  Not Shown

Condition:  Very Fine

Face Value:  $1,000 USD

Country:  United States

Edge Design:  Smooth

Packaging Type: PMG Certified Sleeve

Images shown are examples only. Actual item appearance is subject to change, but will always correlate with title and description.

Lowest Price: $3795

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