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On July 14, 1969, the United States Department of the Treasury announced that all notes in denominations greater than US$100 would be discontinued. [1] Since 1969 banks are required to send any $1000 bill to the Department of the Treasury for destruction. [5] Collectors value the one-thousand-dollar bill with a gold seal. [6]
A new series date, or addition or change of a sequential letter under a date, results from a change in the Secretary of the Treasury, the Treasurer of the United States, and/or a change to the note's appearance such as a new currency design. On the edges are olive branches entwined around the 1s.
The 1878 large-size "Horse Blanket" $1 measured 7.38 in (187 mm) by 3.18 in (81 mm), and the 1928 series measured 6.14 in (156 mm) by 2.61 in (66 mm). [ 6 ] [ 7 ] The note was originally issued as a gold certificate , but the 1933 Executive Order 6102 limited the ownership of gold currency, so the note was redesigned and reissued as a Federal ...
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