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Is There A 1000 Dollar Bill

Updated on August 19, 2014

Is There A 1000 Dollar Bill

Is there a 1000 dollar bill? Almost 500 people ask Google that very same question every month. I can't help wondering why they want to know.

Did they find one on the ground and they want to know if it is real? Are they looking for a unique graduation gift for their favorite niece? Do they have limited room in their mattress and they need to condense their fortune into larger bills?

No matter what reason you have for wanting to know, I have an answer for you. Join me in finding out some fun facts about the 1000 dollar bill.

Photo Credit: Public Domain

Federal Reserve
Federal Reserve

Yes, There Is A 1000 Dollar Bill

It is true. They haven't been printed since 1945, but they do exist. Oddly enough, all the 1000 dollar bills printed from 1934 to 1945 are dated 1934. Probably they didn't want to make new plates.

By executive order, banks stopped issuing 1000 dollar bills in 1969. This was because of concerns about counterfeiting and organized crime.

Obviously, the average household didn't have a lot of 1000 dollar bills laying around anyway, so this wasn't really an inconvenience to people. Most 1000 dollar bills that change hands these days are from one collector to another.

If 1000 dollar bills are received at a bank, they are sent to the Federal Reserve to remove them from circulation and destroy them as they are received. It is very unlikely that a 1000 dollar bill would be spent since it is a highly valuable collector's item.

Photo Credit: Public Domain

A Guide Book of United States Paper Money - Official Red Books

This book contains the history of paper money in the US, as well as information on values of collectible currency.

A Guide Book of United States Paper Money (Official Red Books)
A Guide Book of United States Paper Money (Official Red Books)

I think this is a great resource for anyone interested in collecting paper money. A must have for serious collectors.

 

General Facts About The 1000 Dollar Bill

Interesting tidbits

The 1000 dollar Federal Reserve Note was printed in 1928, 1934, 1934A, 1934B, and 1934C. A Gold Certificate was also printed in 1928 and 1934.

The 1928 Gold Certificate bears the phrase, "Redeemable in Gold on Demand at the United States Treasury, or in Gold or Lawful Money at any Federal Reserve Bank".

All of these 1000 bills are very rare and there are not many left in circulation. A serious collector can expect to pay a lot of money for one, based on the condition of the bill.

Grover Cleveland
Grover Cleveland

Who Is On The 1000 Dollar Bill?

The lucky president is...

All 1000 dollar bills printed after 1928 have a portrait of Grover Cleveland on the obverse (front). You may be asking yourself, "Who in the *bleep* is Grover Cleveland?" If so, the answer is that we was the 22nd and 24th President of the United States.

If you are like me, you now want to know who the 23rd President was. The answer is Benjamin Harrison, but that really doesn't have anything to do with the 1000 bill.

Grover Cleveland was a Republican and he was President the first time from 1885-1889. He lost the next election to Benjamin Harrison, but was re-elected four years later. He is the only President to serve non-consecutive terms. Kinda cool.

Some other interesting facts about Grover Cleveland were that he backed the gold standard, was against women's suffrage, and he paid a Polish immigrant $150 to take his place in the Civil War (this was legal).

Painting by Anders Zorn: {{PD-US}}

The 1918 1000 Dollar Bill

The 1918 1000 dollar bill featured the portrait of Alexander Hamilton. Hamilton was the first US Secretary of Treasury. Alexander Hamilton is also the familiar face on the current 10 dollar bill.

Only four non presidents have ever been featured on paper money: Alexander Hamilton, Benjamin Franklin ($100), Salmon Chase($10,000), and Chief Justice John Marshall ($500).

Standard Catalog of United States Paper Money - 30th Edition Catalog

This book promises to be a complete resource for all large and small notes, silver and gold certificates, and state issued national bank notes.

Standard Catalog of United States Paper Money (Standard Catalog of U.S. Paper Money)
Standard Catalog of United States Paper Money (Standard Catalog of U.S. Paper Money)

This is another popular book about paper currency in the U.S.

 

1000 Dollar Bill Auctions on eBay

I hope this answers your question, "Is there a 1000 dollar bill?" Here they are!

Happy Bidding :)

Sources

Most of the facts in this article were gleaned from the following articles:

Large Denominations of US Currency - Wikipedia

Grover Cleveland - Wikipedia

If you could choose someone to go on the 1000 Dollar Bill, who would it be? Pick anyone and tell me :)

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    • profile image

      Aunt-Mollie 4 years ago

      With the value of the dollar right now, they need to print more of these!

    • victoriuh profile image
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      victoriuh 4 years ago

      @kimadagem: Glad you visited and enjoyed it!

    • profile image

      kimadagem 4 years ago

      There is a *$10,000* bill too? Wow. I've learned two new things today. Thanks for making this lens. :)

    • victoriuh profile image
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      victoriuh 4 years ago

      @takkhisa: Thanks for visiting!

    • takkhisa profile image

      Takkhis 4 years ago

      Interesting lens, i never knew this question before :)

    • IncomeFromHomeT profile image

      IncomeFromHomeT 4 years ago

      You'd think they'd give the thousand dollar bill its own President!

    • victoriuh profile image
      Author

      victoriuh 5 years ago

      @chezchazz: Unfortunately no! If I ever get one I am selling it on eBay :)

    • chezchazz profile image

      Chazz 5 years ago from New York

      Very interesting. I've never seen a thousand dollar bill in person. Have you?

    • victoriuh profile image
      Author

      victoriuh 5 years ago

      @MarcStorm LM: I'll have to check that out. Glad you enjoyed the lens.

    • victoriuh profile image
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      victoriuh 5 years ago

      @marigoldina: Yay!

    • marigoldina profile image

      Heather B 5 years ago

      You've answered one of the many great questions in life!

    • parmaggie profile image

      parmaggie 5 years ago

      Great lens. I actually did ask that question to someone one time. They didn't know either if there was one or not. Thanks.

    • victoriuh profile image
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      victoriuh 5 years ago

      @LisaDH: I wondered the same thing!

    • MarcStorm LM profile image

      MarcStorm LM 5 years ago

      A very insightful and informative article. It's funny, Grover Cleveland on the bill looks more like the actor Richard Riehle. lol He could play him in a movie if he didn't already.

    • victoriuh profile image
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      victoriuh 5 years ago

      @anonymous: Thank you! I love angel dust :)

    • LisaDH profile image

      LisaDH 5 years ago

      Great lens, and I loved the trivia about Grover Cleveland and the Civil War. $150 must have been a lot money back then! Wonder whatever happened to that guy...

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      anonymous 5 years ago

      I can't give you a $1000 bill, but I can give you a Squid Angel blessing! :-)

    • victoriuh profile image
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      victoriuh 5 years ago

      @Countryluthier: Thank you for visiting!

    • Countryluthier profile image

      E L Seaton 5 years ago from Virginia

      Blessed by COUNTRYLUTHIER. Great job!

    • Countryluthier profile image

      E L Seaton 5 years ago from Virginia

      If I find one it will be spent! Thanks for a wonderul trip down memory lane!

    • victoriuh profile image
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      victoriuh 5 years ago

      @TreasuresBrenda: Thank you for visiting :)

    • victoriuh profile image
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      victoriuh 5 years ago

      @anonymous: If you get one in there, don't spend it, auction it off!

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      anonymous 5 years ago

      I don't know who I'd like to see on a $1000 bill, but I would like to see one in MY wallet. Know how many Macs you can get with one?

    • TreasuresBrenda profile image

      Treasures By Brenda 5 years ago from Canada

      Well done, I'd never thought about whether or not there is a $1,000 bill...