We see people flaunting their $100 bills on social media all the time, but did you know a $1,000 dollar bill actually exists out there?
It’s hard to imagine, but $1,000 bills have been part of our currency since the Civil War!
But is it still in use? And how much is it worth? What does it look like? We’ll be answering all that and more, so let’s hop in!
Are $1,000 Dollar Bills Real?
Yes, a $1,000 bill is very much real! However, the chance of you encountering a $1,000 bill is kind of non-existent, after all, there are less than 200,000 of these notes around.
$1,000 dollar bills are mostly displayed in museums or owned by proud collectors. You know what that means right? If you got your hands on a $1,000 bill, well, you sure are lucky!
Don’t rush into spending your money, bidders may line up for your $1,000 bill, offering you way more than its face value.
How Many Series of the $1,000 Dollar Bill are there?
The $1,000 bill has seen many changes over its life in circulation. There’s a total of 5 known series of the $1,000 note, some are rarer than others, but they all still hold a higher worth than their face value.
Back in 1861, the first-ever $1,000 note was issued. It was one of the bills included by the Confederate States of America as part of their official banknotes, sourced from the capital Montgomery.
These bills are the earliest and possibly the rarest because many people decided to get rid of their notes after the Civil War ended, which makes sense as they had no value then.
Luckily some kept their $1,000 bills, meaning you can still find one today.
The 1918 $1,000 note is the most common large note yet it’s still pretty rare. On the front side, you can see a portrait of Alexander Hamilton, the first Secretary of the Treasury and one of the few non-president people to appear on U.S. bills. It also has a blue seal next to it.
On the flip side, the 1918 $1,000 bill features a classic bald eagle that’s holding two arrows along with an olive branch.
1928 was the year large notes were redesigned into the current size we have today. For the $1,000 bills printed in 1982, they actually exist as two versions: one with a gold certificate and one with a green seal.
The gold seal $1,000 bill has a very distinct look thanks to a big blank space on the right side of the front face.
Both 1928 $1,000 bills have a portrait of President Grover Cleveland, who’s the only U.S. president to serve 2 non-consecutive terms, making him the 22nd and 24th president.
The most common issues of the $1,000 bill are the 1934 and 1934A series. Both versions are very similar and they also have the same design of the 1928 bills, featuring President Grover Cleveland.
No more $1,000 bills were printed since 1945, and in 1969, President Nixon called off its distribution.
How Much are $1,000 Dollar Bills Worth?
Just as the rule goes for a lot of older money, the value is based upon a number of factors including the issuing district, seal color, and condition.
Generally speaking, the 1934 $1,000 bills are of least value since they’re the most common, but you can still get about double their face value. The light green seal color of the 1934 issue is worth more than the darker one seen on the 1934A.
The 1918 $1,000 bills should get you at least $8,000 dollars in poor shape, going up in price as deciding factors improve. The 1928 $1,000 bills can land you as much as $10,000.
A $1,000 dollar bill is highly valuable, and if you find one, you’re practically sitting on a treasure! Be sure to check how rare your note is, who knows how much richer it can make you?