The $1,000 1890 Treasury Note Featuring George Meade: Estimated Value (2025) Is Upto $3.5 Million
Among the rarest and most visually striking pieces in U.S. paper money history, the 1890 $1,000 Treasury Note is a legendary collectible. Featuring Civil War hero General George Meade, this high-denomination bill is part of an iconic and ultra-rare series that captures the grandeur and artistry of late 19th-century currency.
What Is the 1890 $1,000 Treasury Note?
The Treasury Notes of 1890, often referred to as “Coin Notes,” were issued by the United States as legal tender in exchange for silver purchased from mining interests. These notes differ from standard banknotes because they were issued directly by the U.S. Treasury and not a Federal Reserve Bank.
The $1,000 denomination stands out for its ornate, high-security design, intense detail, and the prominent portrait of General George Meade, best known for commanding the Union Army at the Battle of Gettysburg.
Why the 1890 $1,000 Bill Is So Valuable
With only a handful of known examples, this note is considered one of the rarest pieces of U.S. paper currency. Most examples are held in institutional collections, such as the Smithsonian or Federal Reserve Archives.
Here’s a quick overview of its rarity and auction history:
| Feature | Detail |
|---|---|
| Denomination | $1,000 |
| Series | 1890 Treasury Note (Coin Note) |
| Portrait | General George Meade |
| Estimated Value (2025) | $1.5 million – $3.5 million |
| Known Survivors | Fewer than 10 |
| Issuing Authority | U.S. Treasury |
| Legal Tender | Yes (though no longer in circulation) |
Design Elements
The 1890 $1,000 Treasury Note is admired for its complexity and elegance. Notable features include:
- Front Design: Bold “1000” denominations, ornate scrollwork, Meade’s engraved portrait.
- Coloration: Rich, deep black ink contrasted with red and brown seals and serial numbers.
- Security: Intricate line engraving and guilloche patterns to deter counterfeiting.
- Back Design (Series of 1891 variant): Less ornate, added for practicality in later reissues.
Collectors often refer to this bill as a “Grand Watermelon” cousin—another legendary note from the same era.
Who Was General George Meade?
George G. Meade (1815–1872) was a Union general who played a pivotal role during the American Civil War. His most notable victory came at the Battle of Gettysburg in 1863, where his leadership turned the tide of the war in favor of the Union.
His likeness on the 1890 $1,000 note is a tribute to his legacy, etched in high relief, which makes this bill a blend of historical honor and financial symbolism.
Investment & Collectibility
High-denomination notes like the 1890 $1,000 Treasury Note are not just currency—they are investment-grade assets. Because of their scarcity and historical weight, they often command millions at auction. They are particularly favored by elite collectors, institutions, and museums.
Authenticity and preservation are critical. Notes that are uncirculated or graded by PMG or PCGS fetch significantly higher prices due to their pristine condition and verified origin.
To explore official U.S. currency design history, visit the U.S. Mint for educational resources and historical archives.
FAQs
Is the 1890 $1,000 Treasury Note still legal tender?
Technically, yes. But due to its extreme value, it is no longer used for transactions and is considered a collectible.
How many 1890 $1,000 notes are left?
Fewer than 10 verified examples are known to exist, with some housed in museums and federal institutions.
How can I verify an original 1890 $1,000 note?
Use certified grading services such as PMG or PCGS Currency, and avoid purchasing ungraded bills from unverified sellers.
Conclusion
The 1890 $1,000 Treasury Note featuring George Meade is more than just currency—it’s a museum-worthy piece of American financial and military history. With its intricate design, limited mintage, and commanding value, it remains one of the most sought-after and revered notes in the numismatic world.
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