Here is a nice Series 1928 $1,000 Federal Reserve Note from the Chicago district. Clean & bright, it looks like an Extra Fine note but PMG has graded it Very Fine 30.
- High denomination seldom used in circulation.
- This note has been certified and graded by PMG.
- Evenly circulated series 1928 note from the Chicago district.
- Last printed in 1933 and bears the portrait of President Grover Cleveland.
This series 1928 $1,000 Federal Reserve Note was issued by the Chicago district, and saw circulation. The rare occasions for private use of this high denomination bill could be for a large transaction, such as a down payment on a house. This example has been graded Very Fine 30 by PMG with no distractions.
One of the interesting aspects of the Federal Reserve Notes from 1928 is that their redemption wording states, "Redeemable in Gold on Demand at the United States Treasury, or in Gold or Lawful Money at any Federal Reserve Bank." No Federal Reserve Notes after the 1928 series' has carried this redemption. Signatures are Woods/Mellon.
Currency -- why buy Currency from APMEX?Currency such as Federal Reserve Notes, Silver Certificates, Gold Certificates and Legal Tender Issues are all popular collectibles and a nice addition to any numismatic collection. Call our Account Managers toll free at (800) 375-9006 or click on the “Live Chat” button. APMEX is where to buy Precious Metals! Also, you can come to us when it is time to sell Gold, Silver, Platinum, Palladium, and Currency.
|Metal Content:||0 troy oz|
|Manufacturer:||Buraeu of Engraving & Printing|