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1861: Three-year 100-dollar Interest Bearing Notes were issued that paid 7.3% interest per year. These notes were not primarily designed to circulate and were payable to the original purchaser of the dollar bill. The obverse of the note featured a portrait of General Winfield Scott. 1862: The first $100 United States Note was issued. [3]
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According to data intelligence firm SAS Analytics, $100 bills account for 34% of paper currency in circulation in the U.S. and 82% of its value. Check Out: I'm a Bank Teller: 4 Reasons You Should...
One-hundred-dollar small-size banknote of the Federal Reserve Bank Notes, by the Bureau of Engraving and Printing First issue of the five-cent fractional currency , by the American Bank Note Company and the United States Department of the Treasury