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1000 Dollars Federal Reserve Note
| Issuer | Federal Reserve Bank of San Francisco |
|---|---|
| Year | 1934 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
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| Reference(s) | P#435 |
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|---|---|
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| Reverse description | Entirely intaglio-printed in green on white paper. The centre panel carries the title inscription in large ornate Gothic lettering and the denomination spelled out in bold block serif letters, all set within an octagonal frame of intricate guilloche lathe-work. The four corners each bear large numeral counters reading 1000, and elaborate acanthus-scroll vignettes occupy each corner angle, lending the design a formal, architecturally symmetrical character. |
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| Variants | P#435a - series 1934A (A-J & L) signatures: Julian & Morgenthau P#435b - series 1934C (A & B) signatures: Julian & Snyder |
| Comments |
The $1,000 denomination was never intended for public hands. These notes moved between Federal Reserve Banks and the U.S. Treasury as interbank clearing instruments, and most Americans never encountered one in circulation. The Federal Reserve officially discontinued the $500, $1,000, $5,000, and $10,000 denominations in July 1969, citing use in criminal enterprises — specifically large-scale cash transactions that evaded electronic monitoring.
San Francisco district notes (identified by the "L" Federal Reserve seal) are among the scarcer district assignments in surviving 1934-series high-denomination inventory. The 1934C Julian-Snyder pairing reflects the brief tenure of John W. Snyder, who replaced Fred Vinson as Treasury Secretary in 1946, making that signature combination the rarest across the series.