1934 A $1000 Federal Reserve Currency Note New York PMG VF 35 (Annotation)
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1934 A $1000 Federal Reserve Currency Note New York PMG VF 35 (Annotation)
Bullion Exchanges is delighted to present the 1934 A $1000 Federal Reserve Currency Note from New York, certified PMG VF 35 (Very Fine). This scarce note belongs to one of the highest-denomination issues ever produced by the United States and carries tremendous historic and collectible significance.
High-denomination currency such as the $500, $1000, $5000, and $10,000 bills was primarily used for large-scale bank transactions and Federal Reserve settlements, not for everyday consumer spending. The 1934 and 1934-A series were among the last produced, featuring bold green seals and detailed engravings. The obverse showcases a portrait of President Grover Cleveland, while the reverse carries an ornate and distinguished design reflecting its substantial value.
In 1969, the U.S. Treasury officially discontinued all bills above $100, citing the growing efficiency of electronic banking and concerns about illicit use. Surviving examples of the $1000 note are now highly coveted as relics of America’s financial past. With limited supply remaining in collectors’ hands, graded notes continue to gain strong demand.
Key Attributes:
- Denomination: $1,000
- Series: 1934 A
- Graded VF 35
- Graded by PMG (Paper Money Guaranty)
- Obverse: Features the effigy of Grover Cleveland, the 22nd and 24th President of the United States. Complemented by the denomination and the inscription "THE UNITED STATES OF AMERICA,"
- Reverse: The bill displays the denomination, along with the patriotic phrase "The United States of America."
Acquiring a 1934 A $1000 Federal Reserve Note means securing a scarce survivor of an era when such large bills were once essential to America’s banking system. Because these notes were pulled from circulation decades ago, surviving examples remain limited. Certified by PMG in VF 35, this note offers strong visual appeal while maintaining historical integrity, giving collectors a chance to own a distinguished piece of U.S. currency at a desirable grade.
The 1934 A $1000 Federal Reserve Currency Note New York PMG VF 35 (Annotation) is more than just currency, it is a tangible symbol of the nation’s financial history. With its high denomination, official certification, and rarity, it makes an impressive addition to any numismatic portfolio while preserving long-term collectible value.
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