The United States 1000 dollar bill (US$1000) is an obsolete denomination of United States currency. It was issued by the US Bureau of Engraving and Printing (BEP) beginning on 1861 and ending in 1934. The bill was recalled in 1969 but it is still legal tender.
Description
editFrom 1862 to 1880 the US Treasury Department issued $1,000 Legal Tender notes, with three different designs on the obverse. The portrait of Robert Morris appeared on the first 1000 dollar bill. Mayor of New York DeWitt Clinton appeared on two other versions.[1] The obverse of the 1928 and 1934 series features a portrait of Grover Cleveland facing right while toward a United States Department of the Treasury seal.[2]
The reverse of the 1928 and 1934 one-thousand-dollar bills feature lathework and Reverse and a decorative border. The reverse also contains text that reads: "The United States of America / One Thousand Dollars" and the number 1,000.[3]
History
editThe United States one-thousand-dollar bill was printed from 1861 to 1945. The Bureau of Engraving and Printing (BEP) continued to issue the notes until 1969. The notes did not see much circulation among the public because they were printed to facilitate transactions between banks.[1]
In 1878 and 1880 the Treasury produced the $1,000 bill as a silver certificate. Other subsequent versions were produced in 1878, 1880 and 1891. In 1913, a large-size version of the bill was issued as a Federal Reserve Note. 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] On July 14, 1969, the United States Department of the Treasury announced that all notes in denominations greater that 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]
Series
edit- 1861 March, $1,000 Interest Bearing Note[7]
- 1861 July, $1,000 Interest Bearing Note
- 1862 $1,000 Legal Tender
- 1863 $1,000 Legal Tender
- 1869 $1,000 Legal Tender
- 1870 $1,000 Gold Certificate
- 1875 $1,000 National Bank Note
- 1875 $1,000 Gold Certificate
- 1878 $1,000 Legal Tender
- 1878 $1,000 Silver Certificate
- 1880 $1,000 Legal Tender
- 1880 $1,000 Silver Certificate
- 1882 $1,000 Gold Certificate
- 1890 $1,000 Grand Watermellon
- 1891 $1,000 Silver Certificate
- 1891 $1,000 Treasury/coin note
- 1907 $1,000 Gold Certificate
- 1922 $1,000 Gold Certificate
- 1918 $1,000 Federal Reserve Note
- 1928 $1,000 Federal Reserve Note (gold seal)
- 1928 $1,000 Federal Reserve Note (green seal)
- 1934 $1,000 Federal Reserve Note (gold seal)
- 1934 $1,000 Federal Reserve Note (green seal)
Gallery
edit-
1862-3 $1,000 Legal Tender Note -
1878 $1,000 Silver Certificate Proof -
1880 $1,000 Legal Tender Note -
1891 $1,000 Silver Certificate -
1928 $1,000 Gold Certificate
References
edit- ^ a b c "Bureau of Engraving And Printing". www.bep.gov. The Bureau of Engraving & Printing. Archived from the original on 2023-05-16. Retrieved 2024-09-12.
- ^ "1000 Dollars, United States". en.numista.com. Numismata. Retrieved 4 October 2024.
- ^ "1,000 Dollars, Federal Reserve Note, United States, 1934". americanhistory.si.edu. Smithsonian. Retrieved 4 October 2024.
- ^ a b "History of the 1000 Dollar Bill - APMEX". learn.apmex.com. APMEX LLC. 9 August 2023. Retrieved 14 September 2024.
- ^ "Chapter 5. Federal Reserve Notes". Board of Governors of the Federal Reserve System. Federal Reserve. Archived from the original on 14 September 2024. Retrieved 12 September 2024.
- ^ Franklin, Jennifer Bradley (1 July 2024). "$500, $1,000, $100,000: Big bills of a bygone era". Yahoo Finance. Retrieved 4 October 2024.
- ^ Friedburg, Arthur L. and Ira S. (9 October 2018). A Guide Book of United States Paper Money, 6th Edition (6th ed.). Atlanta, Georgia: Whitman Publishing LLC. pp. 319–335. ISBN 978-0-7948-4635-0. Retrieved 26 September 2024.
