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The U.S. Dollar has numerous discontinued denominations, particularly high denomination bills, issued before and in 1934 in six denominations ranging from $500 to $100,000. Although still legal tender, most are in the hands of collectors and museums. The reverse designs featured abstract scroll-work with ornate denomination identifiers.
The United States one-hundred-dollar bill (US$100) is a denomination of United States currency. The first United States Note with this value was issued in 1862 and the Federal Reserve Note version was first produced in 1914. [ 2 ]
They were originally issued in denominations of $20, $100, $500, $1,000, $5,000 and $10,000. A $50 note was added in 1882, followed by a $10 note in 1907. A $100,000 note which was used only for inter-bank transactions was also issued in 1934 but never made available to the general public. It is still illegal to own.
Although Old Money Prices claims most are worth an average of $1,650, some $1,000 bills have been sold for over $100,000. $5,000 Bill The $5,000 bill featured President James Madison and was last ...
In 1945, the Treasury stopped printing $500 and $1,000 bills; and, in 1969, it recalled all remaining $1,000 bills, $5,000 bills and $10,000 bills because of their overwhelming prevalence in money ...
During the early 1870s, Treasury Secretaries George S. Boutwell and William Adams Richardson maintained that, though Congress had mandated $356,000,000 as the minimum Greenback circulation, the old Civil War statutes still authorized a maximum of $400,000,000 [nb 1] —and thus they had at their discretion a "reserve" of $44,000,000.
“Big bills” used to go beyond the $100 bill — going all the way up to $100,000. ... They’re still legitimate legal tender but are in limited circulation, except for the $100,000 bill ...
As of May 30, 2009, only 336 $10,000 bills were known to exist, along with 342 $5,000 bills, 165,372 $1,000 bills and fewer than 75,000 $500 bills (of over 900,000 printed). [12] [13] Due to their rarity, collectors pay considerably more than the face value of the bills to acquire them, and some are in museums in other parts of the world.