There is another variety that has a lime green seal. The series of 1934 $1000 bills can be broken down into two categories based on their seal color. They are still legal tender today at their face value. Given their distinct ability to represent large sums of money in small packages, high denomination notes fell out of favor thereafter as they became a liability in fighting crime. They were used primarily for bank-to-bank transactions, so ordinary folks never saw them. Signatures: (as depicted) William Alexander Julian, 28th Treasurer of the United States and Henry Morgenthau Jr., 52nd United States Secretary of the Treasury.ġ934 $1000 bills were the largest denomination Federal Reserve Notes in circulation. Reverse: Numeral 1000 and the phrase “The United States of America One Thousand Dollars” Obverse: Portrait of Grover Cleveland, 22nd and 24th President of the United States.
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