Series of 1934 $1000 Federal Reserve Note featuring a portrait of Grover Cleveland and the issuing bank was the Federal Reserve Bank of Chicago indicated by the “G” seal on the left and the number 7 in the corners, representing the 7th Federal Reserve District. The signatures include W.A. Julian who was the Treasurer and Henry Morgenthau Jr. who was the Secretary of the Treasury. Dimensions: 2.5" H x 6.1" W.

Some historical context about this bill includes how these bills were never intended for everyday consumer transactions. Instead, they were primarily utilized as financial instruments to handle large interbank transfers before the invention of secure electronic wire networks. The Bureau of Engraving and Printing stopped printing high-denomination bills in 1945. In 1969, the Federal Reserve Bank began actively recalling and destroying them from circulation to combat money laundering and illicit activities. 


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This bill appears to be “Choice Very Fine” due to the main three vertical folds and appears to have previously been in circulation. See photos for more condition details.