United States $1,000 Federal Reserve Note — Series of 1934 Cleveland District (D) — PMG About Uncirculated 55 EPQ

A commanding relic of American financial history, this 1934 $1,000 Federal Reserve Note represents the pinnacle of large-denomination U.S. paper currency. Issued for institutional and interbank use—not everyday commerce—notes of this magnitude were never meant for the public eye, making survivors especially compelling today.

This example hails from the Cleveland Federal Reserve District (D) and features the classic Light Green Treasury Seal, cataloged as Fr. 2211-D. The bold portrait of Salmon P. Chase, Lincoln’s Secretary of the Treasury and architect of the modern U.S. banking system, anchors the design—an intentional choice reflecting monetary authority and federal power during a transformative era.

Graded PMG 55 About Uncirculated EPQ, the note retains exceptional originality, with strong paper integrity, crisp detail, and vibrant color. The EPQ (Exceptional Paper Quality) designation confirms it has never been pressed, cleaned, or altered—an increasingly important distinction at this level of rarity.

Of particular note is the low serial number: D00010460A, a highly desirable trait among advanced collectors that further elevates the note’s appeal. Large-denomination notes with low serials were often redeemed or destroyed, making surviving examples especially scarce.

Issued during the Great Depression and following the United States’ departure from the gold standard, the 1934 $1,000 note stands as a tangible symbol of confidence, consolidation, and federal monetary control. Today, it exists not merely as currency, but as a museum-worthy artifact of American economic history.

An elite cornerstone piece for the serious paper money collector—rare, original, and undeniably powerful.