![]() ![]() A part of your house might be made from $1000 bills! U.S. Only very damaged $1000 bills would be worth close to face value, with even common notes in “Fair” condition going for over $1600.įun fact: Many of the $1000 bills that were taken out of circulation were shredded and recycled into building materials like insulation and roofing shingles. It would be extremely unlikely to see one in circulation now, given their high value and rarity. Surprisingly, $1000 bills were still seen in circulation until the early 1970s. The Federal Government discontinued all high-denomination bills in July of 1969, including the $500 dollar bill, $1,000 dollar bill, $5,000 dollar bill, $10,000 dollar bill, and $100,000 dollar bill. The notes that are still reasonably obtainable by collectors include the: There were several series created over the years. In the years that followed, $1000 bills became more commonplace and were often used for real estate deals and payments between banks. Some of the bills created during this time featured depictions of slaves working in the fields as well as slave-owning presidents like George Washington (on the $50 and $100 bill) and Andrew Jackson (on the $1,000 bill). The Civil-war era $1000 notes are extremely rare and most are locked up in museums or in the homes of very wealthy collectors. ![]() These large denomination bills were made purchasing war supplies much easier. $1000 bills were printed again around the time of the Civil War to support the war. Coinage Act of 1792 led to the replacement of all paper continentals. Eventually, Continentals were considered virtually worthless, which led to the disparaging saying “not worth a continental.” Because it wasn’t backed by gold or silver, and because many bills were printed, it came to be worth about $20 of “real” money (British pounds). ![]() This type of currency, known as “Continental” currency, was made between 17 to help finance the Revolutionary War.Īlthough it seems like a ridiculously large sum of money, its value declined very quickly. The first $1000 bills were created by the Continental Congress, the body of delegates that represented the 13 colonies. The origins of the $1000 bill can be traced all the way back to the beginning of the United States. It remains extremely popular amongst collectors because of its rarity, novelty, and wonderful design, so the rarest bills can fetch huge sums at auction. However, its collectibility means that its true value is much higher. government, it remains legal tender, which makes it worth a minimum of $1,000. This makes it something of a novelty, enhancing its collectibility and value.Īlthough the $1000 bill is no longer printed by the U.S. It is the fourth largest bill created by the U.S. $1000 bill is one of the most interesting notes ever minted. In this guide, I’m going to share all of the information you need to know about $1000 bills, including what is a $1000 bill worth, who is on the $1000 bill, when was the $1000 bill made, and much more. $1000 bills are now prized collectibles that are in high demand. There have been several series of $1000 bills printed in the United States since the Revolutionary War. Is the 1000 dollar bill real? Somewhat surprisingly, the answer is yes. ![]()
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