Catalog
See full images - free registration
Continue with Google - no registration!
or register with email
Why register? Just to keep bots out of our catalog. Your email stays private - we will never share it or send you anything uninvited. We guarantee you that!
1000 Dollars Federal Reserve Note, 'Redeemable in Gold'
| Issuer | Federal Reserve System, United States |
|---|---|
| Year | 1928 |
| Type | Log in to see details |
| Value | 1000 Dollars (1000 USD) |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Central intaglio-printed vignette of President Grover Cleveland in three-quarter portrait, framed within an ornate oval border with laurel sprigs, set against a fine guilloche underprint. The Federal Reserve district letter and number appear in large numerals at left and right, with the issuing bank seal to the left of the portrait and the Treasury seal to the right. The gold redemption clause is inscribed in the upper left panel, with the bearer obligation legend and denomination in large letterpress type along the lower portion. |
|---|---|
| Obverse lettering | 1000 FEDERAL RESERVE NOTE 1000 REDEEMABLE IN GOLD ON DEMAND AT THE UNITED STATES TREASURY, OR IN GOLD OR LAWFUL MONEY AT ANY FEDERAL RESERVE BANK. 1000 THE UNITED STATES OF AMERICA WILL PAY TO THE BEARER ON DEMAND ONE THOUSAND DOLLARS 1000 WASHINGTON, D.C. |
| Reverse description | Log in to see details |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
The 1928 series marked the transition from the large-format "horse blanket" notes to the smaller dimensions used ever since — a practical reform driven by the cost of paper and the wear rate of oversized bills. At the $1000 level, these never circulated in any meaningful sense; they moved between Federal Reserve banks and the Treasury as interbank settlement instruments, rarely touching private hands.
The "Redeemable in Gold" obligation printed on this series would survive only until 1933, when Roosevelt's Executive Order 6102 and the subsequent gold-recall program made such language legally awkward. Later $1000 notes quietly dropped the gold clause. The Federal Reserve discontinued the $1000 denomination entirely in 1969, and surviving examples were ordered cancelled as they returned to the Fed — making intact specimens genuinely uncommon.