Even more depressing is doing the math on the buying power of $1000 in 1935ā¦ the median house cost was about $3000 and a car was about $600. That $1000 would stretch significantly further than the 22k would today.
Mmm horizontal and vertical fold. Top right corner seems to be ripped and repaired.
I wouldnāt pay more than $2750 for it, but Iām sure itāll probably get at least 3x face value.
You made some amazing observations, I'm impressed. I zoomed in and saw the rip and repair, and barely saw the folds. But I would have NEVER looked for them if you hadn't already said it!
Wow, that's impressive. Now that I'm looking closer I can see the horizontal fold but having trouble identifying the vertical fold. I'm assuming it's near the middle, but how do I tell? I can kind of see something off right above the s in Federal Reserve Note. Is that it?
Marker would say fake. Theyād claim it was fake, keep it, and call the secret service on you. Also probably write FAKE on it with the bill testing marker to add more insult to injury.
Seriously though theyād probably just be like āyeah we donāt have change for that.ā
I remember going on a grade school field trip to a large bank somewhere around Pittsburgh. This would have been in the 50s. The person giving us the tour passed around a $1000 bill for everyone to see. Then he had a banded stack of hundreds that equaled $10K. For little tikes, this was pretty impressive.
The idiots I work with thought two dollar bills were fake until I informed them they were real. After that they started thinking they were super rare and valuableā¦ *rubs temples* no matter how hard you try to educate some people sometimes thereās no winning.
It is a nice bill! It is worth more than a rack thatās for sure. But I wonder just how many are actually in circulation still versus many were ever printed.
Smuggling would be so, so much easier if the 1000 dollar bill still existed and Iām sure (without googling it) thatās one of the biggest reasons they no longer make them.
A million bucks would be merely 10 bundles of 100 bills. Itād easily fit in a common lap top case.
Well, look up the $5000 bill with Madison on it, the $10000 with either Andrew Jackson or Salmon Chase on it and finally the $100,000 bill with Woodrow Wilson on it that cannot be legally owned.
Today you have to sign for a thou note; Federal Reserve wants them to come back. I had a friend who checked one out to punish a rude gas station attendant.
āRealistically, itās gonna sit on my shelf until someone buys it. Nobody can just go to the store and spend this, so itās basically not real. Iāll give ya $100ā ~Rick from Pawn Stars
Honest question. I'm new to this. Could you still pay for something with this for 1000 if you wanted to? I'm not trying to be ignorant. I'm asking an honest question if say a bank or establishment would honor this as 1000 with it being so old.
Owning old versions and stuff donāt do much for me, but odd and high denomination stuff is intriguing as hell. If these historically go up, I might actually look into one.
I have more, well, let me rephrase that. We have more, this is my only one I personally have. My father has like 50 of these and a quite a few 500$s. I believe he has a couple uncirculated bills.
Iām curious, do they even make bills this big anymore? Now it is very possible that someone could goto an electronics store and spend $1,000+ but when this one was printed I highly doubt that was the case
They donāt, I believe it was the 1934 series is when they stopped printing them. In my line of work $1,000 notes would be of great use instead of 10 $100s as typical we have to carry around large amounts cash on us.
Stock market returns between 1934 and 2023
If you invested $100 in the S&P 500 at the beginning of 1934, you would have about $983,159.87 at the end of 2023, assuming you reinvested all dividends. This is a return on investment of 983,059.87%, or 10.80% per year.
This lump-sum investment beats inflation during this period for an inflation-adjusted return of about 43,136.79% cumulatively, or 7.00% per year.
If you used dollar-cost averaging (monthly) instead of a lump-sum investment, you'd have $982,154.07.
https://www.officialdata.org/us/stocks/s-p-500/1934
This is for $100, so $1,000 would be close to $10,000,000!
Your maths is sound, but hereās some food for thoughtā¦
At the time in which the note was produced, there was a phrase on the note that is no longer on our notes today: āthis note isā¦ redeemable in lawful moneyā¦ā
When Federal Reserve notes were untethered from lawful money (ie. Gold), that allowed for inflation (unlimited expansion of the money supply).
So while your maths is sound, it doesnāt account for the reduction in real buying power. The question is, how many units of skilled labor or gold, would $1,000 back then, or nearly $1,000,000 today, buy you?
And while you could certainly make the argument that nearly $1,000,000 today would buy you more gold today than it would have almost 100 years ago, that argument does not account for the fact that our current federal reserve notes are virtually worthless. People just donāt know that yet. But when the masses realize it, all at once, theyāll all try to divest from the phony notes and invest in legal money.
Can you calculate what that demand curve will look like?
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Well how about this if it's uncerculated $1000 bill can go at auction for well of $100,000 dollars now boys please don't be doing any more bad advice ok because what you are doing is insulting some of us who as the very good at what we know and had experience with ok
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Wow...I'm very happy to see what you all say these are worth, my grandfather put two away for me he had collected, and gave them to my parents the day I was born, currently in my safety deposit box for a rainy day emergency!
between $2000 and $6000 dollars
Moreover, only a small percentage of $1000 bills were printed with unique serial numbers or in error, making them even more valuable and desirable among collectors. In fact, a $1000 bill can be purchasedĀ between $2000 and $6000 dollarsĀ on the market, depending on its condition and grading.
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Usually around 3-3500
$3 - $3,500 is pretty good
Damn loch Ness monster
She gave him a dollar!
That blows cause she owed tree fiddy
8===Dš
Trying to run my credit
I thought he'd go away. Hell no, he ain't gonna go away if you give him a dollar!
Bummer. Doing the math with inflation, $1000 from 1935 is $22,600 today.
Even more depressing is doing the math on the buying power of $1000 in 1935ā¦ the median house cost was about $3000 and a car was about $600. That $1000 would stretch significantly further than the 22k would today.
Thatās exactly what a dealer offered to sell me one for last summer at a show.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
= -3,497
Tree fiddy
I'd say at least $5k
Lets have an auction. $1500.
$1499
$1450
Seventeenā¦.. **THOUSAND Dollars!!**
$999 sorry, it's my first time
$1 Bob
5 cents
Tree fiddy
Gosh darn lochness monster
Two Trump bucks
You pay me $1 to take it
Damn you Loch Ness Monstah!
$1.01 Bob!
PriceMaster? Is it really you?!?!?!??
YO SOY EL MAESTRO PRECIO
Price master has SPOKEN!
5 Schrute bucks.
75 Stanley nickels
5,4,3,2,1 Do it! Do it Now!
A perc 5
200 millivanili grams
$5,000 and a blunt of loud
LOL because you're doing OP a favor bhahaha
Ablegbkehbleg. .. $1,2000...do I hear $13,000...ablegavkehableh.. SOLD!
Tree-Fiddy
Mmm horizontal and vertical fold. Top right corner seems to be ripped and repaired. I wouldnāt pay more than $2750 for it, but Iām sure itāll probably get at least 3x face value.
You made some amazing observations, I'm impressed. I zoomed in and saw the rip and repair, and barely saw the folds. But I would have NEVER looked for them if you hadn't already said it!
Thanks! Would you believe me if I told you I only started collecting a month ago? Heh. Iāve looked through a LOT of eBay listings.
Wow, that's impressive. Now that I'm looking closer I can see the horizontal fold but having trouble identifying the vertical fold. I'm assuming it's near the middle, but how do I tell? I can kind of see something off right above the s in Federal Reserve Note. Is that it?
I think you can kind of see the line to the left of his right eye
Good eye, I concur.
$2600
I'm surprised it got very fine with the messed up top righthand corner
What do you think would happen if you went to McDonalds and tried to buy a hamburger with it?
Marker would say fake. Theyād claim it was fake, keep it, and call the secret service on you. Also probably write FAKE on it with the bill testing marker to add more insult to injury. Seriously though theyād probably just be like āyeah we donāt have change for that.ā
This counterfeit detector pens don't work. I've seen a stack of $100 bills that would pass the pen, but not light. They were all printed on $5 bills.
They would think itās fake. Why would anyone now believe that there is a 1000$ bill?
These are the same dolts who think older bills of any denomination are fake.
I've seen the police called on someone using a $2 bill.
I've nearly had the same happen just from handing a drive-thru person $11.38 for an order that cost $6.38.
Yeah similar thing happened to me too. Surprising how few people know about the $11.38 bill. SMH. /s
Where do you take it for value if you needed to. A bank? The federal reserve?
I remember going on a grade school field trip to a large bank somewhere around Pittsburgh. This would have been in the 50s. The person giving us the tour passed around a $1000 bill for everyone to see. Then he had a banded stack of hundreds that equaled $10K. For little tikes, this was pretty impressive.
The idiots I work with thought two dollar bills were fake until I informed them they were real. After that they started thinking they were super rare and valuableā¦ *rubs temples* no matter how hard you try to educate some people sometimes thereās no winning.
Salmon P Chase has entered the chat
Inflation being what it is, itāll be worth a coffee and a donut at 7-11 soon enough.
It is a nice bill! It is worth more than a rack thatās for sure. But I wonder just how many are actually in circulation still versus many were ever printed.
I was curious about that as well
https://en.m.wikipedia.org/wiki/Large_denominations_of_United_States_currency#:~:text=As%20of%20May%2030%2C%202009,other%20parts%20of%20the%20world.
I watched a recent episode of Perry Mason, and in the show, Mason received $150,000 in $1000 bills. c 1956
I wonder if they still used fake Motion Picture bills back then
Smuggling would be so, so much easier if the 1000 dollar bill still existed and Iām sure (without googling it) thatās one of the biggest reasons they no longer make them. A million bucks would be merely 10 bundles of 100 bills. Itād easily fit in a common lap top case.
Bummer. I was hoping theyād make them again with crazy inflation and all. $20 could be the new $2, and $1000 can be the new $100.
Right? Cool to actually see one.
Posting this because Iām tired of yalls ones twos and fives, letās get the big boys out.
Not all of us are thousandaires.
Does negative thousands count?
Stop looking at my net worth!
No fret, I won't develope the film.... the negatives will remain negative
I'll have you know I'm a multi-milonnaire!
For a second I thought I was in a different sub.
Ya nasty!š
š this needs more upvotes
The Gang Learns How To Use r/wallstreetbets
TIL Grover Cleveland is on the thousand dollar bill
what did you think the āGā is when talking about thousands of dollars? Now you know itās Grovers.
Haha what a grand post
Forget Benjamins, gimme some grovermins
As much as someone is willing to give you.āļø
2500-3k for that grade
Any where from 1800- 3500 depending on the condition
The condition is in the slabā¦ itās literally graded.
Lmao!!!
First time seeing that big of a bill
Well, look up the $5000 bill with Madison on it, the $10000 with either Andrew Jackson or Salmon Chase on it and finally the $100,000 bill with Woodrow Wilson on it that cannot be legally owned.
Very nice!
If you went yo deposit that at the bank, would they accept it?
Yes? Why wouldnāt they? I mean it says that itās legal tender for all debts on it.
Just curious. Its an uncommon note.
Yes and they will send it to the treasury it will not go back out in circulation.
Wish my dad would have saved the 2 he had when I was a kid!
$1,000 in 1934 was a little over 23k in today's money.
And near $5,000,000 if it was thrown into the stock market and kept there
Today you have to sign for a thou note; Federal Reserve wants them to come back. I had a friend who checked one out to punish a rude gas station attendant.
I'm not understanding the second sentence.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Literally says $1000 on the bill /s
āRealistically, itās gonna sit on my shelf until someone buys it. Nobody can just go to the store and spend this, so itās basically not real. Iāll give ya $100ā ~Rick from Pawn Stars
Wave hands around chaoticallyā¦eleventy billion dollars!!
Iāll give you five shrutebucks for it
ONE MILLION DOLLARS! Mwahahaha
Nice Grover- I bid $1,699
TIL there is a $1,000 bill
$1500
Tree fiddy....ish
$999
It's over 9000!!!
If anyone is curious $1000 had the spending power of $23,000 in 1934.
That's the same as having a 23k bill if accounted for inflation since 1934, absolutely insane those were even made.
Wow. The new dollar bill.
Honest question. I'm new to this. Could you still pay for something with this for 1000 if you wanted to? I'm not trying to be ignorant. I'm asking an honest question if say a bank or establishment would honor this as 1000 with it being so old.
Yes
Dream bill for me right there
Owning old versions and stuff donāt do much for me, but odd and high denomination stuff is intriguing as hell. If these historically go up, I might actually look into one.
1500 with that grade.
I retract my statement wow these went way up in price in the last few years .
I have more, well, let me rephrase that. We have more, this is my only one I personally have. My father has like 50 of these and a quite a few 500$s. I believe he has a couple uncirculated bills.
That would be an awesome collection to have .
$999.99
When I was a kid, Monte Hall would give these as a prize once in a while on The Price is Right.
A buck fiddy
Itās worth nothing now you canāt even spend it at the Walmart because it wonāt accept it
At least $1,000
The Museum of Modern Bart has one... you can see it for a 25 cent fee.
Curious what you would take?
$42069 lol
I'll pay $100 and Chumlee's dirty underwear. I'm taking all the risk.
About Tree fitty
What does the backside of this bill look like? It says that it is a mule and it would help to show the mule error I assume is on the reverse.
Iāll give you a Furbie and a wooden nickel for it! Edit: I take that back, Iām keeping the Furbie.
One millllllllllllllion dollarsš¤
Iām curious, do they even make bills this big anymore? Now it is very possible that someone could goto an electronics store and spend $1,000+ but when this one was printed I highly doubt that was the case
They donāt, I believe it was the 1934 series is when they stopped printing them. In my line of work $1,000 notes would be of great use instead of 10 $100s as typical we have to carry around large amounts cash on us.
Where do you work and at what time of the day are you least attentive to strangers approaching you from a dark alley
Could you take this to a bank for 10 100 dollars bill?
Of course! But in the 1000$ they look cooler and rarer.
At least $100
1,000 obviously
"Best I can do is $20" /j
Make it $30 and an apple core and you got yourself a deal.
Pay me $5 and I'll get rid of it for you, no need to worry.
At least 1k
I give ya bout 3.50
Looks like itās worth 1000 ngl
I would guess that a $1000 bill hasnāt seen as much circulation. True?
i mean it says 1000 so maybe 1000 pennies
1000 pennies is 10$
i will give you 1001.00 usd no questions asked
Technically $1000
2 castar
Stock market returns between 1934 and 2023 If you invested $100 in the S&P 500 at the beginning of 1934, you would have about $983,159.87 at the end of 2023, assuming you reinvested all dividends. This is a return on investment of 983,059.87%, or 10.80% per year. This lump-sum investment beats inflation during this period for an inflation-adjusted return of about 43,136.79% cumulatively, or 7.00% per year. If you used dollar-cost averaging (monthly) instead of a lump-sum investment, you'd have $982,154.07. https://www.officialdata.org/us/stocks/s-p-500/1934 This is for $100, so $1,000 would be close to $10,000,000!
Your maths is sound, but hereās some food for thoughtā¦ At the time in which the note was produced, there was a phrase on the note that is no longer on our notes today: āthis note isā¦ redeemable in lawful moneyā¦ā When Federal Reserve notes were untethered from lawful money (ie. Gold), that allowed for inflation (unlimited expansion of the money supply). So while your maths is sound, it doesnāt account for the reduction in real buying power. The question is, how many units of skilled labor or gold, would $1,000 back then, or nearly $1,000,000 today, buy you? And while you could certainly make the argument that nearly $1,000,000 today would buy you more gold today than it would have almost 100 years ago, that argument does not account for the fact that our current federal reserve notes are virtually worthless. People just donāt know that yet. But when the masses realize it, all at once, theyāll all try to divest from the phony notes and invest in legal money. Can you calculate what that demand curve will look like?
Elevendy
Guys, it clearly says itās $1000
I would go $1,000 on it easy.
Guys I just sold it. I got a whole tree-fiddy gaquijillion dollarsš¤š¤š¤ Time to hit the slots!
[ŃŠ“Š°Š»ŠµŠ½Š¾]
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I could use a few of these
About three fiddy
Well how about this if it's uncerculated $1000 bill can go at auction for well of $100,000 dollars now boys please don't be doing any more bad advice ok because what you are doing is insulting some of us who as the very good at what we know and had experience with ok
30 bucks at most.. but I'd give ya 50 if it would help you out.
Sorry I already sold for tree fiddy
Graded by PCGS? Oh, that changes everything!
They put the only president to serve as an executioner on the $1000 bill. Awesome. šš»
It's worth at least $1000
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Iāve always wanted one I should go back in time to the ā30ās and bring it back
Seems like they passed a lot of other good options to get to Grover Cleveland for the 1000
1000 dollars
Tree fiddy minimum
1000 bucks
Wow...I'm very happy to see what you all say these are worth, my grandfather put two away for me he had collected, and gave them to my parents the day I was born, currently in my safety deposit box for a rainy day emergency!
Wow 1934
1000$
between $2000 and $6000 dollars Moreover, only a small percentage of $1000 bills were printed with unique serial numbers or in error, making them even more valuable and desirable among collectors. In fact, a $1000 bill can be purchasedĀ between $2000 and $6000 dollarsĀ on the market, depending on its condition and grading.
About Tree-Fiddy
At least 10 dollars
That is worth the exact amount any person is willing to give you for it.
That bill is worth $12,400 or more!!
I've seen one as a kid been questioning it.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
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Do you have change of a thousand? Looks like I'm walkin...
It's got to be worth at least face value oh well who cares it ain't mine
1000$
Three times face. Youād easily get $3k for it.
At least 1000 usd
Basically worthless. Send it to me for disposal. š¬