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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]
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 They were withdrawn from circulation after 1969.
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.
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 New Jersey man working on his home found a bunch of $10 and $20 bills dated to 1934. New Jersey Man Finds $1,000 in Bills Dated to 1934 While Doing Home Renovation Skip to main content
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]
Beginning in July 1969, the Federal Reserve began removing high-denomination currency from circulation and destroying any large bills returned by banks. [11] 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).
They were originally issued in denominations of $20, $100, $500, $1,000, $5,000 and $10,000. A $50 note was added in 1882, followed by a $10 note in 1907. A $100,000 note which was used only for inter-bank transactions was also issued in 1934 but never made available to the general public. It is still illegal to own.