$1,000 FRN's (1928 & 1934)
$1,000 Federal Reserve Notes - APMEX offers a fine selection of 1928 & 1934 $1,000 Federal Reserve Notes.
A rare find today, $1,000 Federal Reserve Notes are genuine U.S. legal tender. Last printed in 1945, the government stopped distribution of this denomination by 1969. These $1,000 bills were mostly used for transactions between banks or for large private transactions, such as making a down payment on a house, and were seldom seen in circulation. These notes provide an excellent alternative to traditional Precious Metals coins or bars.
Are $1,000 Bills Real?
Even though we do not see a wide array of $1,000 bills today, the bills sold at APMEX are genuine. Though people may have concerns about a bill so large, the question of is the $1,000 bill real is alleviated with APMEX. All $1,000 bills APMEX sells are inspected and quality assured. The face of the $1,000 bill features a portrait of President Grover Cleveland. When these Federal Reserve Notes were in circulation as currency, very few people and organizations had the opportunity to use them. Primarily used to make large transactions, $1,000 bills were issued instead of using smaller denominations to make those transactions.
Even though there are higher-denomination bills, the $1,000 bill is genuine and has high value, making it a good complement to any collection.
As recently as 1969, the Treasury Department announced it would stop issuing $5,000 and $10,000 notes, the second and third largest denominations on record. Though the $1,000 bill is rare, the $5,000 bill is even rarer, but don't expect this large of a denomination to be found in circulation or in many collector shops. The $5,000 bill was used primarily for institutional purposes. The public did not get a chance to see those bills very often, much less use them.
Buy $1,000 Bills from a Trusted Dealer
The back of the $1,000 Federal Reserve Note features abstract scroll-work with ornate denomination identifiers. These identifiers help ensure the authenticity of each bill. APMEX offers outstanding customer service along with a quality assurance standard that guarantees you are getting the highest quality product.
To view available $1,000 Federal Reserve Notes or to get prices, click on the image below representing the item of your interest: