1000 Dollar Bill

Who is on the 1000 dollar bill?

Grover Cleveland appears on the 1000 dollar bill. Cleveland served two non-consecutive terms as president, and his portrait became the defining image on the most familiar small-size $1,000 notes.

The $1,000 bill is not part of everyday cash life today, but its design remains an important piece of US currency history. When collectors ask who is on the 1,000 dollar bill, the answer they are usually looking for is Grover Cleveland.

Is there a 1000 dollar bill?

Yes. The United States issued $1,000 bills in the past as high-denomination paper money. They are still legal tender, but they are no longer printed and are extremely rare in circulation.

Most existing $1,000 notes are held by collectors or institutions. If one appears in everyday commerce, it is generally treated as a collectible rather than spent at face value.

A brief history of the 1000 dollar bill

The $1,000 denomination dates back to the nineteenth century, when large-size notes were used for significant transactions and bank transfers. These early notes often featured ornate engraving and were not intended for everyday retail spending.

In 1928, the US transitioned to the smaller size that is now standard for all paper money. The small-size $1,000 bill became the most recognizable version, and high denominations were discontinued in 1969 as electronic payments became more practical.

Design details and visual style

The $1,000 bill emphasizes a strong, centered portrait and bold numerals that make the denomination clear. The engraving style is clean and formal, reflecting the note's intended use for major transactions rather than routine purchases.

Historic issues rely more on detailed line work and official seals than on modern security features. This makes professional authentication especially important for collectors and sellers.

Understanding series and rarity

The $1,000 bill appeared in multiple historical series, and collectors distinguish them by series year, seal style, and note size. Large-size notes are generally rarer than the small-size Federal Reserve Notes that most people recognize today.

Because production numbers were low and many notes were redeemed and destroyed, surviving examples can vary widely in scarcity. This is why series identification is a key step in determining collector value.

For serious collectors, documentation matters. Keeping purchase receipts, certification numbers, and high-quality photos can help establish provenance and make future resale or insurance easier.

Rarity and collector value

The 1000 dollar bill is rare today and typically trades far above face value. Series year, condition, and rarity of the specific issue are the primary drivers of value, and high-grade notes are especially sought after.

Collectors also look for unusual serial numbers and star notes. Because the $1,000 is a high-value item, buying or selling is usually done through established dealers or auction houses.

Legal tender status and spending

High-denomination bills are still legal tender in the United States. However, banks typically remove them from circulation if they are deposited, and many businesses are unfamiliar with them.

If you own a $1,000 bill, spending it is usually not the best option because collector value often exceeds face value. Most owners choose to keep the note or sell it to collectors.

If you find a 1000 dollar bill

Handle the note by the edges and avoid folding it. Place it in a protective sleeve as soon as possible to preserve the paper and ink. Photograph both sides for your records and note where you obtained it, as provenance can be useful when selling or insuring high-value notes.

For authentication or appraisal, consult a reputable currency dealer or grading service. Avoid cleaning or pressing the note, and do not attempt to improve its appearance, as alterations can reduce collector value.

Collecting strategies for $1,000 notes

Because $1,000 bills are scarce, many collectors focus on a narrow goal, such as a single series, a specific Federal Reserve district, or a graded example in a target condition range. These focused goals make the collection achievable and historically meaningful.

Professional grading can provide confidence in authenticity and condition, which is especially important at this price level. Store graded or raw notes in archival materials and keep them in a stable, low-humidity environment.

Handling and storage

Handle a $1,000 bill with care. Store it flat in a protective sleeve, keep it away from moisture and sunlight, and avoid folds or cleaning. Even small damage can significantly impact collector value.

Use archival, PVC-free holders or rigid currency sleeves for long-term storage. Avoid rubber bands, staples, or paper clips, and keep the note in a stable environment away from heat and humidity.

Fun facts about the $1,000 bill

The $1,000 bill is one of the most famous US denominations, largely because so few people have seen one in person. It is also the origin of the slang term "a grand" for one thousand dollars.

• The $1,000 bill was primarily used for large bank transactions.
• It was discontinued along with other high denominations in 1969.
• Most surviving notes are held by collectors.

1000 dollar bill FAQ

Who is on the 1,000 dollar bill?

Grover Cleveland appears on the obverse of the $1,000 bill.

Can you still spend a 1000 dollar bill?

Yes, it is legal tender, but most owners treat it as a collectible because its market value is usually higher than face value.

Why was the 1000 dollar bill discontinued?

High-denomination bills were discontinued in 1969 as electronic payments reduced the need for large paper notes.

How do I verify a 1000 dollar bill?

Use a reputable currency dealer or professional grading service to confirm authenticity and condition.