In short, they’re $1,000 bills that have a star symbol instead of the letter A at the end of the serial number. Low serial numbers almost always demand a premium in the currency marketplace. When someone asks you “Who is on the $1000 dollar bill?”, the simple answer is both Presidents Hamilton and Cleveland (but they're not in the same picture). | $500 Bill Value and History, 1944 Jefferson Nickel – Silver Wartime Nickel, 1950 Wheat Penny Value in Uncirculated Penny, 1907 Barber Quarter – Value in the Proof and Silver, 1952 Half Dollar – Higher Value with Full Bell Lines. View our, shredded and recycled into building materials, U.S. $500 Dollar Bills Do Exist! notes that are uncirculated or in almost-uncirculated condition can be worth 10’s of thousands of dollars. In 1792, the U.S. mint was formed and the U.S. Coinage Act of 1792 led to the replacement of all paper continentals. Value of 1934 $1,000 Bills. High denomination light green seals are the pinnacle for $1,000 dollar bills. They do it in order to pay for renting a big building and having multiple employees. we have a strong understanding of market values for all types of paper money. But in $1,000 bills, it is a manageable 1,000 notes weighing one kilo. This one you can see is in much better shape and is uncirculated. However, it has a green sigil on the right side of the note and a federal reserve stamp on the left. The main determinants of value will be the note’s condition and the issuing district. Type:  Federal Reserve Note. : Technically, yes. We paid $3,000 for this thousand dollar bill. Inflation data is updated … Most old $1,000s we buy look just like this, and we can pay the most competitive price for these. $1000 bills come in a wide range of designs, from beautiful 1907 Gold certificates through to more familiar-looking 1934 federal reserve notes. Calculates inflation to see what a U.S. dollar was worth in the past and today. I contacted Britini conners and she made the whole thing really easy. The higher the number of notes printed and being pushed out into circulation (into the publics’ hands) the more likelihood of there being misprinted banknotes. We have low overhead costs which allow us to pay top dollar for high denomination paper money. Type:  Gold Certificate. For example, we paid $4,200 for the dark green seal pictured above and for the light green we paid $15,275. Sometimes when we send a thousand dollar bill error to an auction it will flop and bring little premium value for the error. The 1934 $1000 was also issued as a replacement note … Because it wasn’t backed by gold or silver, and because many bills were printed, it came to be worth about $20 of “real” money (British pounds). Because certain cities produced fewer notes than others, their collectibility will be higher. The difference between XF, AU, or UNC can literally be hundreds, if not thousands (at times) dollars. All of the above $1,000 bills are not typical, you don’t normally see them in XF or higher grades. The image above is a real Small Size high-denomination $1,000 Gold Certificate. Payment is sent via PayPal or checks when you sell your high denomination $1,000 bills to us. Some bills are pressed, making folds extremely difficult to see in poorly lit rooms. Year:  1907 If you have or know someone interested in selling their $1,000 bill, contact us today. Type:  Gold Certificate. $1,000 bills in this grade always have a lot of circulation. TRUST TRUST TRUST! Another note of the same series sold for over $2 million in 2018. Can you please look it over and tell me the authenticity of this bill and what it might be worth. The absolute worst thing you could do is bring your $1,000 bill to a local bank. $1,000 dollar bills today are worth between $1,400 and $1,700 but can be worth much more depending on condition and other factors. The $1,000 bill is a perfect example. Can I Get A $1,000 Bill From The Bank? While lower-graded $1,000 bills are easier to determine the grade from a picture; high-graded $1,000 bills are much different. The rear side has a beautiful illustration of a bald eagle clutching some arrows, a wreath, and the American flag. One thousand dollar light green seals come with an almost lime yellow-green color to both serial numbers and seal. The color of the seal is a pretty big determining factor when we are offering to buy an old high denomination currency collection. When most people see one of these high denomination bills they either think one of two things: One of the largest American dollar bills ever made was the U.S. one thousand dollar bill printed by the Federal Reserve Banks. Sell your old money collection today! Lime green is somewhat rarer and will attract a premium. A high-grade example $1,000 1934 bill can be worth a lot more than a low-grade example $1,000 from 1928. A part of your house might be made from $1000 bills! There are rare $1000 bill series and then there are common ones. Counterfeiters during the Confederacy were a dime-a-dozen. We want to buy your old paper money collections and I assure you’ll be satisfied dealing with us. It doesn’t include extremely rare $1000 bills which are commonly held by museums and libraries. Although this bill says it is payable in gold, it is not a gold certificate. 1934 $1,000 Bill Issuing Districts: 1934 one thousand dollar bills were issued by all twelve Federal Reserve banks. If it’s too good to be true, it probably is. It would be extremely unlikely to see one in circulation now, given their high value and rarity. The issuing bank is always a factor when trying to determine value. These high denomination bills show evidence of considerable circulation with rounded corners, splits between the margins and other issues. The majority of $1,000 notes we see are small size high denomination notes from 1928 or 1934. As a result, the price of a 1928 $1000 Gold Certificate will be based almost entirely upon its condition. Denomination:  One Thousand Dollar Bill Send us a picture of your old bill so we can better examine it. The faulty sheet would be immediately destroyed, and a new star sheet would be printed with replacement serial numbers. This post may contain affiliate links. : Many countries still print $1,000 bills today. Most experts are collectors themselves and truly love the hobby as a whole. One interesting feature of this note is that it has a dollar sign on its back. For the most common series (1928, 1934, or 1934A Federal Reserve notes) there isn't a significant price difference. Notes graded 70 must also qualify for the PMG Exceptional Paper Quality (EPQ) and PMG Star (*) Designations.”, 1928 $1000 Federal Reserve Note Uncirculated. If you follow our easy shipping and packing instructions and the package somehow gets lost in the mail, no worries, our insurance will cover it. This exact old bill we paid $14,000 back in 2015. Star notes were issued during the printing process if a sheet of notes had a major flow or didn’t meet quality control standards. Rarer bills which are in excellent condition can go for much more (over $100,000 in some cases). Despite being called Very Good (VG) these $1,000 bills typically don’t look very… good. The value of these can be as little as a few thousand dollars. As mentioned earlier, the price of a $1000 bill varies greatly, based on its rarity, condition, and demand. In an ideal world, all bills would be printed equally and perfect… with perfect margins and no flaws. The government claims that large denomination bills were canceled because they weren’t used very often. But there’s never a time a bank teller will hand a customer a one thousand dollar bill, simply because they’re almost always worth more than their face value. https://avocadoughtoast.com/1000-dollar-bill/, https://www.marketplace.org/2015/12/23/thousand-dollar-bills/, https://www.raremoneyvalues.com/one-thousand-dollars-1922-gold-certificate-values/, https://www.silverrecyclers.com/blog/1000-dollar-bill.aspx, http://www.antiquemoney.com/old-one-thousand-dollar-bill-value-price-guide/, https://en.wikipedia.org/wiki/Banknotes_of_the_United_States_dollar#Continental_Currency, https://en.wikipedia.org/wiki/Large_denominations_of_United_States_currency. How much is a one thousand dollar bill worth? There is no risk when I sell my money here because I know I'm getting the full value of my collection. Europe is one of them. The Federal Reserve printing period, which began in 1861, when Congress authorized the issuance of $1,000 bills. 1934 $1,000 Bill Issuing Districts: 1934 one thousand dollar bills were issued by all twelve Federal Reserve banks. About 1% of $1000 notes also feature a star in the serial number. If it is a U.S. $1000 bill its value depends heavily on what date is on it and whether it was issued as a Federal Reserve note (green seal) or some other kind of bill. Most one thousands we see are lower grades like this due to their long-time spent in circulation. Yes, a $1000 dollar bill exists and is still technically considered legal tender. Soiling, stains, splits, tears and paper pulls are all common for the grade. You can start to see a difference in quality once the grade gets into Extremely Fine (XF). This note is highly valuable and you can expect a note in ‘good’ or ‘fair’ condition to be worth around the $8,000 to $10,000 mark. Here are some screenshots from $1,000 bills that have sold on eBay. The issuing bank can most easily be determined by looking at the black seal on the front left hand side of the note. From this date forward, all $1,000 bills you’ll see will have a portrait of President Grover Cleveland front and center. Uncirculated bills can run up to $8000 for the right district. Contact a paper money expert before selling any currency you own. This all happens during the printing process. You also have to remember that one thousand dollars in the 1900s was a lot of money, not many people could casually keep this quantity of cash stowed away as a collectible. These “star notes” were produced to take the place of any notes that were misprinted at the mint. The most common types are signed by Parker and Burke or Teehee and Burke. It’s a pretty unique serial number and to top it off its a star note which heavily impacts value positively. $1000 bills were printed again around the time of the Civil War to support the war. Indeed, the $1,000 bill has ended…for now. Picture of 1934A $1000 Federal Reserve Note. Surprisingly, $1000 bills were still seen in circulation until the early 1970s. It’s recommended that you should always get a professional appraisal before purchasing a $1,000 bill. Rarer notes in excellent condition can be over $100,000. Counterfeit high denoms are very rare and seldom do we come across them. The U.S. $1000 bill is one of the most interesting notes ever minted. Old $1,000 bills in XF, numerically 40 or 45, typically have at least two to three heavy folds, one of which may be horizontal. This note can run the range from 1200 for a wallet piece to $4000 for a flawless example. How Much Is a 1934 or 1928 $10,000 Bill Worth? $1,000 bills from 1900 and earlier have a higher chance of being a forgery. $1,000 bills also oftentimes come with teller stamp ink that is confused as an error. If you have something similar to what’s pictured above, I’ll tell you right now your bill is more than likely fake. Gold certificate $1,000s were only issued for this single year, making them a true rarity in the paper money market. A+ from start to finish. However, the real reason is that they often used for money laundering and other illegal activities. A common circulated $1000 Federal Reserve Note might cost somewhere in the $1,500 to $2,500 range. Now, its time to understand a major factor when determining the value of a $1,000 bill. The bill above would get you the equivalent of $1,000 in gold before December 28, 1933. For less than 5 minutes of your time, earn yourself a random stock (anything from Sprint to Apple) whose value is anywhere between $2.50 and $200. Not enough information. We’ve handled literally tens of thousands of high denomination $1,000 bills. Shipping your old paper money to us is easy. Fancy Serial Number $1,000 bills come in many different forms. We’ve made the process extremely simple, contact us today we’d love to chat. The issue of 1861 Montgomery (from the original capital of the confederacy, Montgomery, AL) notes can be incredibly valuable, especially in uncirculated condition. Centering of the margins is still a value factor even on AU paper money. Three for sale. C $2,275.00. We get hundreds of frequently asked questions each week via calls, emails, and text messages. Gold certificates were once tradable for gold at a local bank. Your typical one thousand will cost you about $1,600. The front of this bill has a portrait of Grover Cleveland and has a gold stamp on the left hand side. Alexander Hamilton’s and Grover Cleveland’s faces grace the two different $1000 dollar bill series. Picture of 1934 $1000 Light Green Seal Federal Reserve Note. Counterfeiting is always a concern when countries print high denomination banknotes. The difficult part sometimes, as I said earlier, is the more transitional colors where the color falls somewhere in between the two $1,000s shown above. Collectors typically don’t want to spend thousands of dollars for a one thousand, so a VF graded bill is often a sweet price point for many. Light green seals were only printed for a small period of time, making all light green seals, regardless of denomination, rare. The list goes on! If your $1,000 bill is any/all of the following, your bill is fake: This is also one of the main reasons why the United States stopped printing $1,000 dollar bills, they didn’t want people to counterfeit them. The grade, or condition, is typically a 70-point numerical scale derived from the internationally recognized Sheldon grading scale. 22 bids. These gold notes were then withdrawn from circulation along with all gold coins and gold bullion as required by the Gold Reserve Act of 1934. 1d 13h. Very low-quality notes with holes or tears may only be worth face value ($1,000). The high denomination $1,000 pictured above doesn’t necessarily fall into a specific category of Fancy Serial Number, but it is unique in the sense it has many 0’s and ascending 1234 at the end. Paper Money Guaranty defines a 70 as “having no evidence of handling visible at 5x magnification. That year, the Confederate States of America also included a one thousand dollar note among its first bank notes. However, there are always exceptions. What Is An Error $1,000 Bill Worth? I don’t have a walk-in, public shop. An old $1,000 bill has been given to you from a friend or passed down from a family member and you don’t really care to keep it. When Did They Stop Printing $1,000 Bills? This bill looks virtually identical to the 1907 $1000 Gold Certificate Bill. A nice looking $1,000 bill with no folds and equal margins all around will always bring more money in an auction. Calculate the value of $1,000 in 1939. Essentially there are multiple factors that help determine the authenticity of your $1,000 bill. What’s important is knowing your fancy serial number high denomination may bring more money in the market because of this. Chances are slim you own something like this, but it’s definitely possible. The last series of bills issued in 1988 is currently being retired, and no plans are on the horizon for a new issue. We insure all packages that come in and go out of our office. Before contacting us, we wanted to answer any basic questions you have about your antique $1,000 bill. They were then taken out of circulation. If you have an old Large Size $1,000 Gold Certificate, as shown above, you have an easy five-figure bill. The $1,000 Error pictured above is graded Almost Uncirculated and has a Gutter Fold Error at the bottom left side of the banknote. A rare uncirculated $1000 bill could easily achieve $100,000 at an auction while a common circulated note in poor condition could be worth as little as $1,500. The $1,000 bill has seen many changes over its life in circulation. A 1934 $1000 dollar billcan be found for between $1100 and $4500 in great shape. This, however, is not the case. Contact a paper money expert to get the most for your collection. Many different types of bills have been issued including confederate notes, treasury notes, gold certificates, and federal reserve notes. Please send us a picture if you want your $1,000 to be authenticated. Nowadays you cannot get gold, but you can get a nice paycheck from a currency collector like myself. Contact us if you have an old paper money collection you want to sell. 1934 $1000 Serial Number 8 Federal Reserve Note. Once we receive the package we verify the banknotes and send your payment the same or next day. The highest grade possible is Gem Uncirculated, this means there is very little handling and absolutely no folds that go into the design of the bill. These $1,000 error notes are really hit or miss and it can be a challenge finding the right buyer in the paper money marketplace. Picture of $1000 Confederate Currency Bill from 1861. (Send us a clear photo of your paper money), (We will make you an offer straight away!). They will give you its face value of $1,000. There isn’t much difference between these FRN $1,000s outside of the date, 1934. The origins of the $1000 bill can be traced all the way back to the beginning of the United States. Most people think $1,000 bills are fake or don’t exist. The note will be very worn with some serious splits, fraying of the margins and damage. Denomination:  One Thousand Dollar Bill Banknotes that are AU have a single fold that crosses the design somewhere on the note. Old $1,000 bills can be worth anywhere between $1,050 to $2,800 depending on condition and other factors. $10.00 shipping. Star notes are worth at least $2,000 and can go up to several thousand dollars. The above image is a perfect example of a $1,000 bill that has no folds but has poor margins. The $1,000 bill’s value can be attributed to the date, condition and rarity of the currency. 1928 $1000 Federal Reserve Note Very Fine. Interested in more large currency information? Because of the important history of this currency, $1,000 dollar bills are an excellent complement to any collection. The impact of condition and rarity are obvious enough (rare notes in better condition are worth more). 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