1928 $5,000 Federal Reserve Note CVF 35

  • Printed in 1928, this $5,000 Federal Reserve note is one of just 1,400 originally printed
  • It is estimated that just 20 of these high-denomination bills remain in existence today
  • The present example is one of these few survivors
  • Get complete item description here
Item No. 31-3342

To speak to one of our experts, call 1-888-711-8084

Printed in 1928, this $5,000 Federal Reserve note is one of just 1,400 originally printed, and even fewer that still exist today — it is estimated that just 20 of these notes still remain. Most of these large-denomination notes were destroyed by the Reserve after their redemption, making existing examples very difficult to find. The present example is one of these few survivors, which are even more coveted than the highly collectible 1934 $5,000 note.

Large-denomination currency first emerged in the United States in the late 18th century, with the first $500 note issued in North Carolina in 1780. They generally emerged during wartime, with large notes being issued during the War of 1812, the Civil War and World War I. The last series of high-denomination Federal Reserve notes were printed in 1934, though they were never widely circulated. During this period, $5,000 amounted to approximately ten times the annual income of the average American household, so these bills were only used for the largest bank transactions.
1928 $5,000 Federal Reserve Note CVF 35
Period: 20th Century
Origin: America
Type: Paper Money

Recently Viewed

Back to Top
back to top

Shopping Bag

Your shopping bag is currently empty.