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1934 $1,000 Federal Reserve Note AU50+ (PMG or PCGS)

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The easiest way to sell to us is to do it online here. Note that the price listed is not a confirmed bid and buybacks are subject to $1,000 minimums as well as possible maximums depending on inventory positions.

One of the largest denominations of paper currency ever issued by the United States, the $1000 Federal Reserve Note was not your average, everyday note for circulation use. In fact, though the Federal Reserve had this denomination in circulation from 1918 to the 1970s, the notes were only used for transactions between the federal government and banks or in bank-to-bank transactions. Surviving specimens are a throwback to a bygone era. Now, 1934 $1000 Federal Reserve Notes in AU50+ condition are available to you for purchase online from JM Bullion.

Note Highlights:

  • Notes arrive inside protective plastic currency sleeves!
  • The first and only redesign of $1000 Federal Reserve Notes!
  • Limited availability of certified notes!
  • Issued a face value of $1000 (USD) by the United States.
  • Bears a Grade of About Uncirculated 50+.
  • President Grover Cleveland on the obverse.
  • Denomination on the reverse.
  • Please note that you could receive notes with AU grades between 50 and 59.
  • Notes may feature certification from either the PMG or PCGS.

The modern Federal Reserve Note Series was first issued in 1914. The only denominations missing at the time that are currently available in the 21st century were the $1 and $2 Federal Reserve Notes. These were later added in 1963 and 1976, respectively. In the 1918 Series, four denominations were issued that most Americans never even saw firsthand.

The 1918 Series introduced denominations of $500, $1,000, $5,000, and $10,000. These denominations were not intended for everyday use by the American public. Instead, the only handling and circulating of these bills came in bank transfers. These large denominations made it easier for the federal government to transfer money to and from banks, as well as for banks to transfer funds between one another. In an era before wire transfers, eChecks, and online banking, these denominations were critical.

President Grover Cleveland features on the 1934 $1000 Federal Reserve Note. The 1934 Series design was the first and only redesign for the $1000 Federal Reserve Note. Alexander Hamilton initially featured on these notes in the 1918 Series and was replaced with this portrait of President Cleveland for the 1934 Series. Oddly enough, President Cleveland himself had previously been on the 1914 Series $20 Federal Reserve Note, but was replaced in 1929 by President Andrew Jackson. That same portrait of Cleveland was transferred to the 1934 Series $1000 Federal Reserve Note.

The denomination of the note features on the reverse side of 1934 $1000 Federal Reserve Notes. Beginning in the 1960s, the Federal Reserve and Treasury began to remove all of the denominations from the 1918 Series Federal Reserve Note collection from circulation. Banks no longer needed the larger notes for transfers, and by the early 1970s, the vast majority of these notes had been collected and destroyed by the Federal Reserve.

These 1934 $1000 Federal Reserve Notes come with protective plastic currency sleeves. Each one has a certification of About Uncirculated 50+. Notes in this grade range have no more than two heavy fold lines, or may alternatively come with light horizontal and vertical folds. Signs of handling are common. We do not guarantee whether the note you receive is graded by the PMG or PCGS. All notes are chosen randomly after your payment clears.

JM Bullion customer service is available at 800-276-6508. We are also available online using our live chat and email address features.

JMB ID4411895
Year1934
GradeAU50+
Grade ServicePMG or PCGS
Mint MarkNot Shown
Thickness.1 mm
ConditionAlmost Uncirculated
Face Value$1,000
Issuing CountryUnited States
Edge DesignSmooth
SeriesFederal Reserve Note
CoANo
Packaging TypeCertified Sleeve
ShippingFree Shipping on Orders Over $199
Dimensions156 mm x 66 mm x 0.1 mm

JM Bullion fully insures all its shipments. Should anything happen while your package is in transit to you, it will be covered by our insurance policy subject to the conditions set forth in this Section 13 of our Terms and Conditions. Please read this section of the Terms and Conditions carefully.

If we determine the package is lost or damaged, we file a claim. We reserve the right to re-ship your items or refund your money at our discretion.

We recommend you refuse any shipment that appears to be damaged or tampered with as the shipping insurance ends once signed for and/or delivered. When refused, the package(s) will return to JM Bullion for inspection. If you have taken possession of a damaged or tampered package, please save all packaging and contact JM Bullion at1-800-276-6508 within 48 hours for further instructions. Failure to notify us of damage or tampering within 48 hours fromsignatureor delivery date may impact our ability to cover your claim.

When you will receive your order depends primarily on three factors

  1. When we receive your payment (checks and wires must be initiated/sent by you).
    • Please note that you will receive a Paid email once your payment is received.
  2. Holding period after cleared payment.
    • Depending on your payment method, we will hold the order once payment is received and cleared. The hold periods by payment method are listed in checkout and in your confirmation email. Paper checks take the longest and are held up to five business days after payment clears.
  3. Shipping method and transit time.
    • UPS 3-Day Air is the fastest and most reliable method of shipping. These are usually delivered in 1-3 business days once in transit.
    • USPS is less consistent in both transit time and tracking accuracy.

All packages shipped by JM Bullion are covered by insurance subject to certain conditions. In the unlikely event that your order is Lost in Transit, you need to contact us immediately. Lost in Transit is defined for the USPS as tracking not having updated in 5 or more calendar days. For UPS, it is 3 calendar days. You must contact us within 7 days since last tracking for USPS and 3 days since last tracking for UPS. If you do not contact us by these timeframes, insurance will not cover the package.

Once you contact us, we research the shipment with the carrier and begin the claim process. The claims process can take 30 or more days to resolve, and many Lost in Transit shipments end up getting delivered late. If the package is delivered, you must notify us within 24 hours.

See also Section 13 of our Terms and Conditions.

Though unlikely, if your order is damaged during transit and/or any items are missing we require you to contact JM Bullion immediately so we can begin the claims process. If you have taken possession of a shipment that is damaged and/or is missing items, you have 2 days (48 hours) from the date of delivery to contact us as stated in our Terms and Conditions.

Orders under $1000 will not require a signature unless that option is selected and paid for at checkout. Orders over $1000 will always require a signature for delivery. Please note, per our Terms and Conditions, once a package shows delivered, our responsibility ends. Please be available and attentive to receive the package when the courier arrives. Due to COVID 19, couriers are not always getting the signature.

Please note that JM Bullion will not be responsible for reimbursements or insurance claims on packages that are successfully delivered as addressed. Our liability and insurance cease the moment the package is signed for or left at the specified delivery address. Any issues or problems with a shipment MUST be reported to JM Bullion within two (2) calendar days of recorded delivery, else JM Bullion may deny any claim.

We only ship to U.S. addresses (including P.O. Boxes and APO addresses). We do not ship to U.S. territories.

Depending on your method of payment, it is possible to have your order shipped to an address other than your billing address. If you pay with paper check, bank wire, ACH, Ethereum, Ripple, or bitcoin, you may have your order shipped wherever you please, with two exceptionsUPS locations and mail forwarding locations. If you pay with a credit/debit card, it depends on your order history. For credit cards, put the order through with your billing address as the shipping address, and then call us to see if we can change it to an alternate. If you pay via PayPal, your order must ship to a PayPal Verified address.

We will notify you by email once your order ships. You can also check the current status by logging in to your account or using ourTrack An Orderpage.

You may choose how your order is shipped during the checkout process. In the last section of the checkout page, 4 Shipping Method, you will see the available shipping options for your order. If your purchase is eligible for free shipping, the pre-selected option will be base shipping, which is either USPS, UPS, or FedEx at our choice. If you would like to upgrade your shipping, you may choose one of the other options for a small fee. Simply click on the circle next to the shipping method you desire, and your order will be shipped via that method.

Unfortunately, due to the way insurance is applied to an order, everything must ship at the same time (i.e., in-stock items must await shipment until all presale items have arrived). Your order will ship in its entirety within 24-72 hours of our receiving the presale item. An email notification will be sent when your order ships.

We do not ship to US territories. Due to special requirements set by the postal systems, we are unable to ship outside of U.S. states.

All UPS 7 fedEx shipments ship with a No Will Call restriction, meaning the package cannot be picked up from a UPS or FedEx location. This is a precaution to prevent orders from being fraudulently intercepted.

UPS or FedEx will make three delivery attempts. If nobody is available at the delivery address to sign and accept delivery, the package will be returned to us.

All orders will ship from our warehouse in Las Vegas, Nevada. We mask our return address on all packages as to not give away the contents of the package.

No, we do not. The costs in shipping to these places is extremely prohibitive, so we utilize USPS on all shipments.

Yes! When products are shipped via the United States Postal Service, we can ship to a P.O. Box. Please note that insurance on shipments to P.O. Boxes ends as soon as the package shows delivered.

We can ship to such stores including UPS Stores, various mail and packing stores, freight forwarders, etc. However, these are private businesses not owned by UPS, USPS, etc. Therefore, our shipping insurance does not cover missing packages or items sent to these locations if the tracking shows delivered.

Orders are shipped in inconspicuous packaging via either USPS, UPS or FedEx.* All shipments are fully insured. Our shipping policy, which is based on order size, can be viewed here.

*UPS 3-Day Air excludes Alaska, Hawaii, PO Boxes, UPS Store, and APO addresses. No Will Call pickups permitted.Saturday service not included.

created at:4/26/2024, 5:47:15 PM