Catalog
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| Issuer | Federal Reserve System / U.S. Bureau of Engraving and Printing |
|---|---|
| Year | 1918 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
| Size | 267 x 114 mm |
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| Obverse description | Intaglio-engraved portrait of Alexander Hamilton within an oval vignette at centre, framed by ornate guilloche work and denomination numerals at each corner. A blue Treasury seal appears at right, with blue serial numbers positioned at upper right and lower left. The legend and series date are rendered in letterpress above and below the central vignette. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | A large intaglio-engraved vignette of a bald eagle with wings fully spread occupies the centre of the note, clutching arrows and an olive branch in its talons against a lightly shaded cloud underprint. Denomination counters reading '1000' with superimposed dollar signs appear in bold relief at left and right, with '1000' repeated in solid numerals across the top and bottom borders within an ornate guilloche frame. |
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| Comments |
The 1918 series $1,000 Federal Reserve Note was authorized under the Federal Reserve Act of 1913 and issued to facilitate large interbank settlements — these notes were almost never intended to pass through ordinary retail hands. The denomination circulated primarily between financial institutions and the Federal Reserve Banks themselves, which accounts for the relatively small number of surviving examples in any condition above heavily worn.
Six signature combinations are known across three issuing districts: New York (B), Atlanta (F), and San Francisco (L), paired with successive Treasury officials as administrations turned over. Burke served as Register under both Wilson Treasury Secretaries McAdoo and Glass, creating the overlapping pairings visible across this series. The White-Mellon combinations reflect the transition into the Harding administration in 1921.
Atlanta district examples are the scarcest by a considerable margin.