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How much is a $1,000 dollar bill worth?
|Years: 1878, 1880, 1882, 1891, 1862, 1863, 1869, 1918, 1922, 1928, 1934, 1934A|
|Types: Federal Reserve Bank Notes, Legal Tenders, Silver Certificates & Gold Certificates|
|Denomination: One Thousand Dollar Bill|
we’ve paid as low as
most are worth
we’ve paid as much as
Old $1,000 bills can be worth anywhere between $1,050 to $2,800 depending on condition and other factors. See the entire guide to learn more.
One of the most valuable $1,000 bills we’ve ever purchased was a 1928 $1,000 star note in uncirculated (no folds) condition.
When most people see one of these high denomination bills they either think one of two things:
- They think the bill is fake or…
- They think it’s going to be worth a lot more money than it’s actually worth.
One of the largest American dollar bills ever made was the U.S. one thousand dollar bill printed by the Federal Reserve Banks. If you’re wondering what a real, genuine United States $1,000 bill looks like, you’ve come to the right place.
$1,000 Bill Value Table
|Series||Seal||Average Condition||Unc||Unc Star|
|1928||Gold||$5,000 – $10,000||$20,000+||N/A|
When it comes to these old $1,000 bills, we are hands down some of the strongest buyers in the United States for this collectible paper money.
While we are particularly specialized in high denomination bank notes, ($500, $1,000, $5,000, & $10,000 … yes they exist!) we have a strong understanding of market values for all types of paper money. Whether your bill has a red seal (Legal Tender), blue seal (Silver Certificate), gold seal (Gold Certificate), or green seal (Federal Reserve Note) we are here to help make sure you become educated about high denomination paper money.
With all this being said, you may still be unsure of how to get started. We know from a fresh perspective these concepts and “currency lingo” can be a little intimidating at first, and that’s why we’ve created this guide.
Disclaimer: Do not fall victim to selling your valuable collection to a local pawn or coin shop that will rob for what your paper money is really worth. Contact a paper money expert before selling any currency you own.
History of your $1,000 Bill
Before we begin, it’s important to have a basic understanding of the factors which determine the value of your $1,000 bill. Most people believe old $1,000 bills are exotic and rare.
If you don’t want to spend the time, you can always send us a picture of your bill and we’ll give you an exact value.
I’m a huge history nerd… I completely nerd-out when it comes to the history behind old paper money. I truly love what I do.
The First United States $1,000 Bill
The first $1,000 bill printed in the U.S. was in 1861. That year, the Confederate States of America also included a one thousand dollar note among its first bank notes. The issue of 1861 Montgomery (from the original capital of the confederacy, Montgomery, AL) notes can be incredibly valuable, especially in uncirculated condition.
After the Civil War, many people destroyed Confederate Currency because it essentially had no value. However, some people saved them, which is why they’re so scarce today. Lower denomination Confederate notes are relatively easy to obtain, especially in poor quality.
If you have something similar to what’s pictured above, I’ll tell you right now your bill is more than likely fake.
Counterfeiters during the Confederacy were a dime-a-dozen. The ability to fake one of these bills was easy. A lot of what we see today is modern replica money.
Fake notes look pretty obviously fake, but we’ll get more into spotting fakes a bit later in this post. If you’re uncertain, contact us and we’ll tell you if your old $1,000 is real or fake.
The transition from Confederacy into the more organized U.S. Treasury system you can see security features were put into place to deter the low barrier of entry into counterfeiting.
The Federal Reserve printing period, which began in 1861, when Congress authorized the issuance of $1,000 bills. A large brown seal and blue serial numbers, along with horizontal security threads were added to late 1800 issued silver certificate high denomination notes.
High denomination bills like the one above are extremely scarce and rare. Chances are slim you own something like this, but it’s definitely possible.
I’m not kidding when I say we’ve paid over $100,000 for a bank note like this.
You want to make sure you’re being treated fairly before you sell one of the largest American dollar bills ever issued.
The picture above is a genuine example of a blue seal $1,000 bill from 1918. These United States Large Size notes picture Alexander Hamilton, the Secretary of the Treasury, on the front, and the profile of a bald eagle, holding arrows and an olive branch, on the back.
Carrying around a $1,000 bill back then was the equivalent of having $15,000 in your pocket today, it wasn’t realistic for the majority of people.
Interestingly, there are few people who were not U.S. Presidents who appear on currency, including Benjamin Franklin and John Marshall.
If you have an old Large Size $1,000 Gold Certificate, as shown above, you have an easy five-figure bill.
Gold certificates were once tradable for gold at a local bank. The bill above would get you the equivalent of $1,000 in gold before December 28, 1933.
These gold notes were then withdrawn from circulation along with all gold coins and gold bullion as required by the Gold Reserve Act of 1934.
Nowadays you cannot get gold, but you can get a nice paycheck from a currency collector like myself.
The image above is a real Small Size high-denomination $1,000 Gold Certificate.
1928 was the year the Federal Reserve started to transition into the new dimension banknotes we know very well today. From this date forward, all $1,000 bills you’ll see will have a portrait of President Grover Cleveland front and center.
Gold certificate $1,000s were only issued for this single year, making them a true rarity in the paper money market.
This is the most common old thousand dollar bill you will see, however, the 1928 issue is the most scarce date of a $1,000 Federal Reserve Note.
Very similar to the gold certificate, you’ll see the main difference is an added green ink treasury seal to the right and an inked black district seal to the left. These come with an ink color that is “light-green” and “dark-green” seal and serial numbers.
The light-green types always bring more money in the marketplace. Send us a picture of your old bill so we can better examine it.
If your $1,000 bill has a Star * at the end of the serial number, expect to get 2-4 times more money for your note, regardless of condition.
What does the star mean?
Really quick… Star notes were printed if a sheet of notes had a major flaw or didn’t meet quality control standards. The faulty sheet would be immediately destroyed, and a new star sheet would be printed with replacement serial numbers.
When talking about the value of these star notes, we’ve purchased an old $1,000 star bill for over $50,000 before. Consider us very serious buyers of old high denomination notes.
There isn’t much difference between these FRN $1,000s outside of the date, 1934. The later dated $1,000 bills aren’t typically worth as much as the earlier dated ones, but don’t let that deter you.
A high-grade example $1,000 1934 bill can be worth a lot more than a low-grade example $1,000 from 1928.
Quick tip: these bills are legal tender, meaning you can bring them to the bank and get $1,000 cash. One thousand dollar notes, in better condition, have collector value and bring much more than their face value.
The last type of $1,000 bill ever printed by the Federal Reserve was the issue 1934A.
High denomination banknotes were officially discontinued by the Federal Reserve System in July of 1969. These $1,000s were being taken out of circulation and destroyed by the Federal Reserve.
A major factor contributing to the decision to stop printing high denoms was how easy these big bills made money laundering.
The higher the denomination, the easier it was to push and transfer money around illegally.
Selling your $1,000 Bill
1. Snap a Photo
(Send us a clear photo of your paper money)
2. Get a Price
(We will make you an offer straight away!)
(We pay you!)
An old $1,000 bill has been given to you from a friend or passed down from a family member and you don’t really care to keep it. You’d much rather have money in your bank account.
The absolute worst thing you could do is bring your $1,000 bill to a local bank. They will give you its face value of $1,000. The reality is high denomination $1,000 bills are typically worth $1,600, if not more.
Find a Paper Money Expert
Paper money experts are different than your typical local Pawn or Coin shop.
Most experts are collectors themselves and truly love the hobby as a whole. Almost all local shops are almost required to rip-off the people they’re buying from. They do it in order to pay for renting a big building and having multiple employees.
I’ve been collecting coins and paper money almost my entire life. I have a secured, private office where I deal only with certain customers after setting up an appointment.
I don’t have a walk-in, public shop. We have low overhead costs which allow us to pay top dollar for high denomination paper money. If you ever want to meet for a local deal, we are located in Bradenton, FL.
Safely Shipping your $1,000 Bill
Shipping your old paper money to us is easy.
We insure all packages that come in and go out of our office. If you follow our easy shipping and packing instructions and the package somehow gets lost in the mail, no worries, our insurance will cover it.
Payment is sent via PayPal or checks when you sell your high denomination $1,000 bills to us. Once we receive the package we verify the banknotes and send your payment the same or next day.
We have satisfied thousands of customers who have shipped us their $1,000 bills.
We Buy Old Currency
There currently isn’t anyone who can offer more money for your old $1,000 bills than us. Why?
We don’t have to pay hundreds of employees like others. This allows us to pay you more money than anyone else. We want to buy your old paper money collections and I assure you’ll be satisfied dealing with us. We’ve made the process extremely simple, contact us today we’d love to chat.
Rare Varieties & Types of $1,000s
Let’s discuss the types of $1,000 dollar bills. High denomination one thousand dollar bills come in many types attached to many different values.
The majority of $1,000 notes we see are small size high denomination notes from 1928 or 1934. These are considered the most common type and likely the type of $1,000 you have in your hands.
The color of the seal is a pretty big determining factor when we are offering to buy an old high denomination currency collection.
Light Green vs Dark Green Seals
If you’re trying to figure out the difference between light and dark green seal $1,000 bills we are here to help.
Sometimes determining the difference between the two can be almost impossible due to a transition phase between the two.
Light green seals were only printed for a small period of time, making all light green seals, regardless of denomination, rare.
High denomination light green seals are the pinnacle for $1,000 dollar bills. Most were destroyed or pulled out of circulation before too many were stored away in collections.
You also have to remember that one thousand dollars in the 1900s was a lot of money, not many people could casually keep this quantity of cash stowed away as a collectible.
So… what is the difference between Light Green and Dark Green seals?
One thousand dollar light green seals come with an almost lime yellow-green color to both serial numbers and seal. Light green seals can come from any district.
I hope you can see at least a slight difference between the two $1,000 bills shown above. This one thousand is a dark green seal. The difficult part sometimes, as I said earlier, is the more transitional colors where the color falls somewhere in between the two $1,000s shown above.
If you need help determining whether you have a light green or dark green seal high denomination bill, please send us an image and we will help determine its value.
Light & Dark Green Seal Value: The value difference between light and dark green can sometimes easily be double. For example, we paid $4,200 for the dark green seal pictured above and for the light green we paid $15,275.
These two high denoms are a perfect example of why it’s important to get your currency collection appraised before bringing it to your local bank or coin dealer.
Sometimes something as small as a star on your note can be the difference between five and six figures.
$1,000 Star Notes
Star notes were issued during the printing process if a sheet of notes had a major flow or didn’t meet quality control standards.
The fact is when the BEP was printing high denomination notes they typically weren’t making mistakes. There simply aren’t many $1,000 star notes in collectors’ hands.
When trying to figure a value for your bill, regardless of its condition, star notes are worth significantly more in the market.
The old one thousand dollar bill pictured above is a real star note graded XF (45). This exact old bill we paid $14,000 back in 2015. We’ve paid more for other examples, it all really comes down to the following:
- Eye Appeal
- Market Demand
- Issuing District (The letter on the Left Side of the Bill)
We’ve been collecting, buying and selling specifically high denomination $1,000 bills for over 25 years now. We’re known hands down as the most competitive buyers of exactly this type of currency.
If you have or know someone interested in selling their $1,000 bill, contact us today. We love what we do and would enjoy talking to you about your currency collection.
Low Serial Numbers
Low serial numbers almost always demand a premium in the currency marketplace. Sheets of $1,000 bills were printed, starting with Serial Number 1 at the top of the sheet.
The first few old one thousand dollar bills printed with low serials numbers were typically given to a district treasurer or secretary of the state.
This means they were stored away and not typically seen in collectors’ hands. Anything under serial number 101 is typically considered to be low serial numbers. The star note pictured above is a perfect example.
The $1,000 pictured above is a real double-whammy. Not only is it a low serial number, Serial Number 8, but its also a Light Green Seal.
If you have a high denomination note that’s a low serial number and a better light green seal color, you have a true rarity.
Fancy Serial Number $1,000 Bills
Fancy Serial Number $1,000 bills come in many different forms. These high denoms typically bring a little more demand, but not as much demand as Low Serial Numbers.
Technically, a Low Serial Number would also fall into the category of Fancy Serial Number.
Some examples of Fancy Serial Numbers:
- A12345678A – (Ascending Ladder)
- A00000001A – (Serial Number 1)
- A88888888A – (Solid #8’s)
- A00011000A – (Binary-Radar-Rotator)
- A01010101A – (Binary-Repeater)
Most types of more recognized fancy serial numbers have a certain name. For example, if you have a serial number that only has 1’s and 0’s, people typically call this a Binary Serial Number.
If your $1,000 has ascending serial numbers (12345678) these are called Ascending Ladder Serial Numbers. The list goes on!
What’s important is knowing your fancy serial number high denomination may bring more money in the market because of this.
The high denomination $1,000 pictured above doesn’t necessarily fall into a specific category of Fancy Serial Number, but it is unique in the sense it has many 0’s and ascending 1234 at the end. G00001234*. It’s a pretty unique serial number and to top it off its a star note which heavily impacts value positively.
If you’re uncertain about your high denomination and if it has a fancy serial number send us a picture and we’ll help you determine its value.
Error or Misprinted $1,000 Dollar Bills
I’ve seen many Error Notes through my years of collecting and I guarantee that high denomination notes have the least amount of errors on them.
Not many $1,000 bills were printed, to begin with, and on top of that, quality control was more important for these high denominations. The higher the number of notes printed and being pushed out into circulation (into the publics’ hands) the more likelihood of there being misprinted banknotes.
The $1,000 Error pictured above is graded Almost Uncirculated and has a Gutter Fold Error at the bottom left side of the banknote. We paid $3,000 for this thousand dollar bill.
High denomination bills with errors are rare, and they are usually minor. $1,000 bills also oftentimes come with teller stamp ink that is confused as an error.
Sometimes when we send a thousand dollar bill error to an auction it will flop and bring little premium value for the error.
These $1,000 error notes are really hit or miss and it can be a challenge finding the right buyer in the paper money marketplace.
Over the past 25 years, we’ve built a portfolio of clients who are extremely excited about all high denomination notes which allow us to buy $1,000 bills from our customers at a better price than anyone in the United States.
If you need help determining if your $1,000 bill is an error note or want to sell your old money send us a clear picture and we’ll get back to you within 24 hours.
Fake $1,000 Bills
Good news, I’ll start by saying your $1,000 bill is likely real. If it’s fake, it’s worth $0. We’ve handled literally tens of thousands of high denomination $1,000 bills.
We have seen nearly every single fake counterfeit $1,000 bill under the sun. For us, they are pretty easy to point out, even from images over a computer screen.
We have worked for and with some of the best counterfeit paper money detecting experts in the industry for decades.
While it may be second nature for us to spot them out, we wanted to take some time and put together this guide to help you spot fake $1,000 bills and better educate yourself.
If your $1,000 bill is any/all of the following, your bill is fake:
- It’s laminated
- It’s black/white
- It feels like printer paper
- It’s smaller than paper money today
- It’s much bigger than paper money today
This is also one of the main reasons why the United States stopped printing $1,000 dollar bills, they didn’t want people to counterfeit them. This goes for any country in the world today that still prints paper money.
High denomination currency is typically the most highly counterfeited money in the world. The idea is the bigger you make the money, the easier it is to transport large quantities without detection.
$1,000 bills from 1900 and earlier have a higher chance of being a forgery. If you need help please send us a picture and we’d gladly determine the authenticity of your high denomination $1,000 bill.
How to Grade Your Currency
Now, its time to understand a major factor when determining the value of a $1,000 bill.
The grade, or condition, is typically a 70-point numerical scale derived from the internationally recognized Sheldon grading scale.
Paper Money Guaranty defines a 70 as “having no evidence of handling visible at 5x magnification. Notes graded 70 must also qualify for the PMG Exceptional Paper Quality (EPQ) and PMG Star (*) Designations.”
The Grading Scale
The highest grade possible is Gem Uncirculated, this means there is very little handling and absolutely no folds that go into the design of the bill.
Another factor when determining value is how equal the margins are overall.
A nice looking $1,000 bill with no folds and equal margins all around will always bring more money in an auction.
The above image is a perfect example of a $1,000 bill that has no folds but has poor margins. This all happens during the printing process.
In an ideal world, all bills would be printed equally and perfect… with perfect margins and no flaws.
This, however, is not the case. A poorly centered bill, uncirculated or not, takes away from the banknotes overall eye-appeal and should always be taken into consideration when evaluating high denomination $1,000 bills.
An old thousand dollar bill like this will inevitably bring less money in a currency auction due to its centering.
Regardless of the grade or appearance, we buy all one thousand dollar bills. Contact us today if you have old paper money you want to sell.
Don’t be fooled, the bill above may look uncirculated but it’s not.
This $1,000 bill from 1928 was graded PMG 58, meaning it’s About Uncirculated (AU). Banknotes that are AU have a single fold that crosses the design somewhere on the note. Centering of the margins is still a value factor even on AU paper money.
This is one reason why Third Party Grading companies, like PMG, are so important to this hobby. If you send me a picture of an old $1,000 bill you want to sell, it can be difficult to tell the exact grade from a photo.
But don’t worry, there are ways around this if you were selling your raw banknote to a paper money expert online.
Contact us if you have an old paper money collection you want to sell.
You can start to see a difference in quality once the grade gets into Extremely Fine (XF). Old $1,000 bills in XF, numerically 40 or 45, typically have at least two to three heavy folds, one of which may be horizontal.
Seen in the picture above you can see a heavy center fold, the top right corner tip is missing and also lightly stained. These are all value factors for all paper money currency.
High denomination $1,000 currency will typically show more signs of handling, and be lower grade. This is due to their popularity among the public.
Along with that, banks would often use High denoms to transfer money between banks, since you would need to transfer less paper from one bank to another.
All of the above $1,000 bills are not typical, you don’t normally see them in XF or higher grades.
Very fine (VF) one thousand dollar bills will be lightly circulated and may have signs of light soiling. Numerically, a VF bill will be graded 20, 25, 30, or 35. The above picture is a perfect example of just that.
These $1,000 dollar notes will typically have seven to ten folds. How well the margins are centered plays into the high denoms overall eye appeal which influences the price.
Most old $1,000s we buy look just like this, and we can pay the most competitive price for these.
Collectors typically don’t want to spend thousands of dollars for a one thousand, so a VF graded bill is often a sweet price point for many.
A banknote in Fine (F) condition will look similar to the $1,000 bill pictured above. These high denomination bills show evidence of considerable circulation with rounded corners, splits between the margins and other issues.
For a note to be graded fine it will be whole with solid paper. Numerically fine notes will be graded 12 or 15.
We love buying low grade $1,000 bills from collectors around the United States.
Most one thousands we see are lower grades like this due to their long-time spent in circulation. It’s not unheard of for some collectors even to this day to carry these around in their wallets as pocket pieces.
Most people think $1,000 bills are fake or don’t exist. Counterfeit high denoms are very rare and seldom do we come across them. When we do, its very easy to spot.
Send us a clear picture, front and back, of your $1,000 and we will take a closer look.
Despite being called Very Good (VG) these $1,000 bills typically don’t look very… good. OK OK… let’s just say VG notes tend to have more character than higher grade examples.
$1,000 bills in this grade always have a lot of circulation. The high denom may feel limp and have a number of different problems. Soiling, stains, splits, tears and paper pulls are all common for the grade.
Some collectors really enjoy collecting beat up $1,000 bills, that’s just their thing, and we know who they are.
Ouch… a $1,000 bill graded Good (G) will look something like this. The note will be very worn with some serious splits, fraying of the margins and damage. Ink and stains are typical. The $1,000 will look poor and it’s paper very limp.
You may be wondering if we would buy an old high denomination $1,000 in this poor of condition… the answer is most definitely YES.
How do I see if my note has folds?
Third-party professional grading companies, like PMG & PCGS, focus solely on doing this for their customers. They essentially grade the note, put it in a clear holder, with a label that explains the details of the bill.
This takes the guesswork out of seeing a raw note (no holder) and not being sure if its an XF or Uncirculated. The difference between XF, AU, or UNC can literally be hundreds, if not thousands (at times) dollars.
While lower-graded $1,000 bills are easier to determine the grade from a picture; high-graded $1,000 bills are much different.
Some bills are pressed, making folds extremely difficult to see in poorly lit rooms.
If you have a $1,000 bill you’re interested in selling, or want to know its value, send us a picture and we’ll be glad to help.
Whatever you do, don’t bring your collection to a pawn shop or coin dealer who doesn’t know its true value. Contact a paper money expert to get the most for your collection.
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We get hundreds of frequently asked questions each week via calls, emails, and text messages.
Before contacting us, we wanted to answer any basic questions you have about your antique $1,000 bill.
If you don’t see your question below or are interested in selling your $1,000 note to us, feel free to contact us today.
Old $1,000 Bill Questions
When Did They Stop Printing $1,000 Bills?: It was announced by the United States Treasury on July 14, 1969, that it would stop the production of $500, $1,000, $5,000, and $10,000 dollar bills immediately since these bills were rarely circulated. And if they were, it was usually through illegal activities like money laundering.
Who Is Pictured On The $1,000 Bill?: Grover Cleveland, 22nd U.S. President, was pictured on all 1928 and 1934 $1,000 dollar bills. Different men were pictured on earlier large size one thousand dollar bank notes.
Why Don’t I See My $1,000 Bill In Your Price Guide?: Our price guide only shows the more common $1,000 bills that most people encounter. We aren’t including $1,000 large size bills in this guide due to their extreme rarity. If you have a one thousand dollar bill that’s not pictured in our guide, we highly recommend sending us a picture of it. That is the only way we’re able to identify and determine its value for you.
What Is An Error $1,000 Bill Worth?: Misprinted, or error, $1,000 bills are extremely scarce and when they do appear, the errors are super minor. I’ve never seen a dramatic $1,000 bill error, they likely don’t exist due to the strict quality control and small number of high denomination $1,000s printed. We wrote a bit more in-depth about $1,000 bill errors in a section located above. Error bills typically bring a small premium above their normal value.
What Is A One Thousand Dollar Bill Star Note?: We wrote a more in-depth section on star notes above. In short, they’re $1,000 bills that have a star symbol instead of the letter A at the end of the serial number. These bills have a bigger premium over the regular issued high denomination $1,000 bills. Star notes are scarce, especially from series 1928.
What Is The Most Common Large Size $1,000 Bill?: Large size $1,000 bills aren’t common, to begin with, but you are most likely to see 1914 $1,000 federal reserve notes and 1922 $1,000 gold certificate bills. The value of these can be as little as a few thousand dollars. Better graded examples can bring $10,000 or more. Contact us with a picture if you need help determining the value of your $1,000 bill.
How Much Does A $1,000 Bill Cost?: The quick answer is anywhere from most one thousand dollar bills will cost us $1,600 to $2,200. Some are only worth $1,000 if they’re in very poor condition. In very rare instances your $1,000 bill could be worth close to $100,000. It depends upon multiple factors including condition, issuing district, eye appeal, market demand, scarce varieties, and more.
Can I Get A $1,000 Bill From The Bank?: Technically, yes. Realistically speaking, you will never get a $1,000 bill from the bank. I’ve befriended many bank tellers over the years and sometimes a person will bring in a $1,000 bill to the bank. But there’s never a time a bank teller will hand a customer a one thousand dollar bill, simply because they’re almost always worth more than their face value.
How Do I Know My $1,000 Is Real?: We touched on forgery $1,000 bills earlier in the guide. Essentially there are multiple factors that help determine the authenticity of your $1,000 bill. To learn more, find the section above that talks more in-depth about counterfeit $1,000s.
Why Doesn’t The U.S. Print $1,000 Bills Anymore?: Many countries still print $1,000 bills today. Europe is one of them. One of the main reasons the U.S. doesn’t print high denomination banknotes anymore is due to the ease of smuggling, drug dealing, and other illegal actions. High denomination bills simply make it easier for criminal activity to occur. Counterfeiting is always a concern when countries print high denomination banknotes. The bigger the bill, the easier it is to transport large quantities without detection.
What Do Counterfeit $1,000 Bills Look Like?: $1,000 bills that are black/white, laminated, smaller than typical paper money today, much larger than typical paper money today, are all going to be fake. If it’s too good to be true, it probably is. Please send us a picture if you want your $1,000 to be authenticated.
What Is The Most Expensive One Thousand Dollar Bills?: There are only a few $1,000 bills that have sold for over half a million dollars. Keep your expectations low because the chance you have one of these bills is one in a million. Your typical one thousand will cost you about $1,600. However, there are always exceptions. Contact us for more information.
Other Types of Banknotes
We buy Rare U.S. Paper Money from around the Country. Sell your old money collection today!
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