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In 1882, the note was issued as a gold certificate. In 1928 the treasury began to issued small-size bills and the $1,000 denomination featured US President Grover Cleveland. The small-size was issued in 1928 and 1934. [4] Examples of $1000 bills are valued by collectors and they regularly sell for more than their face value. [4]
The U.S. Dollar has numerous discontinued denominations, particularly high denomination bills, issued before and in 1934 in six denominations ranging from $500 to $100,000. Although still legal tender, most are in the hands of collectors and museums. The reverse designs featured abstract scroll-work with ornate denomination identifiers.
The United States one-hundred-thousand-dollar bill (US$100,000) is a former denomination of United States currency issued from 1934 to 1935. The bill, which features President Woodrow Wilson, was created as a large denomination note for gold transactions between Federal Reserve Banks; it never circulated publicly. [2] [3]
According to Old Money Prices, a paper currency collector, a $1,000 bill printed in 1928 with a gold seal could be worth over $20,000, if in uncirculated condition. ... $500 Series 1928 & 1934 ...
A rare $10,000 bill dating back to the Great Depression has sold for $480,000 at auction.
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As of May 30, 2009, only 336 $10,000 bills were known to exist, along with 342 $5,000 bills, 165,372 $1,000 bills and fewer than 75,000 $500 bills (of over 900,000 printed). [ 12 ] [ 13 ] Due to their rarity, collectors pay considerably more than the face value of the bills to acquire them, and some are in museums in other parts of the world.
1934 US$10,000 Federal Reserve Note. The United States 10,000-dollar bill (US$10000) is an obsolete denomination of the United States dollar. The denomination was first issued in 1878 and the last series were produced in 1934. They were withdrawn from circulation after 1969.
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