Buy 1934 $1000 Federal Reserve Note (PMG Very Fine 25)

Description

Buy 1934 $1000 Federal Reserve Note (PMG Very Fine 25)

In 1914, the United States introduced the Federal Reserve Note. The only version of paper currency still issued in the United States today, the Federal Reserve Note debuted in 1914 and expanded in 1918. While the 1914 notes offered the first glimpse of the modern designs and notes we still see today, the 1918 notes were rarely seen by the public. The final redesign of these notes came in 1934. Right now, certified 1934 $1000 Federal Reserve Notes are available to purchase online at Omega Bullion.

Note Highlights:

• Arrives in a protective currency sleeve!
• Last redesign of the $1000 Federal Reserve Note!
• Limited availability for these certified notes!
• Bears a face value of $1,000 (USD) backed by the federal government.
• Issued a Grade of Very Fine 25 by the PMG.
• President Grover Cleveland features on the obverse.
• Denomination noted on the reverse.

Each of the 1934 $1000 Federal Reserve Notes available here today comes with a protective plastic currency sleeve from the PMG. These sleeves help maintain the Very Fine 25 grade assigned to the notes. This grade indicates a note the had modest signs of circulation and handling. This includes signs of use such as folds and soiling on the note.

The 1934 Series marks the final redesign of the $1,000 Federal Reserve Note. All Federal Reserve Notes were reformatted in 1928 to the modern small-sized notes, with the smaller denominations redesigned at that time. The 1934 Series marks the first and only redesign of the larger denominations that were introduced in 1918.

A 1934 $1000 Federal Reserve Note represents a denomination that few Americans would have seen during the era of the Great Depression and World War II. In an era before electronic banking, these large notes were primarily used for transactions between banking institutions, rather than used in public transactions between either Americans and retail institutions or Americans and banks. The signs of handling and use on these notes come from being transferred between banks over the decades.

President Grover Cleveland features on the obverse of 1934 $1000 Federal Reserve Notes. The original portrait on the 1918 $1000 Federal Reserve Note was that of Alexander Hamilton, but was replaced with this effigy of President Cleveland in 1934. The reverse side of the 1934 $1000 Federal Reserve Note features various markings of the denomination.

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