What is a 1934 100000000 federal reserve note?

There were no 1934 100 Million Dollar Federal Reserve Notes. These "Notes" are fraudulent. These counterfeit documents have been sold to unwitting investors by scam artists who utilized photo editing software to modify an image of a 1000 Bill. The authentic 1000 Federal Reserve Notes were in circulation in the 1920s and 1930 and contain the picture of Grover Cleveland. They were printed on standard US currency paper and were the typical size.

The fraudulent notes are easily identified as fake as they are generally printed on a full 8 1/2 by 11 inch paper with the modified picture of the $1000 Bill at the top (now showing $100 Million) and "coupons" at the bottom supposedly redeemable for cash. This format seems to be an attempt to combine the feature of Federal Research Notes (legal tender) with old US Treasury Bonds, which do not resemble these fake notes in any way. In addition, the paper utilized is often modern paper stock with a raised pattern. This paper stock is available at any office supply store.

The methods used to solicit an unwitting investor to purchase these fraudulent notes at a "substantial discount to face value" often involve elaborate stories of intrigue involving the CIA in order to give a cover story as to why the seller is unable to redeem the notes himself.

If somebody offers to sell you a note like the one described above, it would be a public service to call the appropriate authorities as individual have lost significant sums of money purchasing these fraudulent "notes".