1934 $1000 Federal Reserve Currency Note Chicago PMG AU 55

A true relic of America’s high-denomination currency, the 1934 $1,000 Federal Reserve Note from the Chicago District is an extraordinary prize for advanced paper money collectors. Graded About Uncirculated 55 by PMG, this note retains strong detail, crisp paper quality, and only the lightest traces of handling—placing it among the finest survivors of its kind.

Originally created for large-scale interbank and government transactions, $1,000 bills were never meant for everyday commerce. They offered a secure and efficient way to move vast sums before electronic wire transfers became standard. The 1934 series, issued during the Great Depression, marked the final era of $1,000 note production, with printing ending in the late 1940s. By 1969, the Treasury officially discontinued all high-denomination bills, and most were destroyed, leaving very few in private hands today.

This Chicago-issued note, identified by its “G” Federal Reserve seal, pairs Grover Cleveland’s distinguished portrait on the obverse with a bold, ornate reverse design that reflects the elegance of mid-20th-century U.S.

• Denomination: $1,000
• Series: 1934
• Graded: AU 55 by PMG (Paper Money Guaranty)
• Obverse: Features Grover Cleveland, 22nd and 24th U.S. President, framed by intricate design work and inscriptions.
• Reverse: Displays “THE UNITED STATES OF AMERICA” alongside the denomination in large, commanding font.

The 1934 $1,000 Federal Reserve Note – Chicago PMG AU 55 represents the perfect blend of rarity, artistry, and historical significance. With its scarce survival rate, prestigious face value, and certified grade, this note stands out as a premier addition for serious collectors seeking both legacy and investment appeal.