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On July 14, 1969, the United States Department of the Treasury announced that all notes in denominations greater than US$100 would be discontinued. [1] Since 1969 banks are required to send any $1000 bill to the Department of the Treasury for destruction. [5] Collectors value the one-thousand-dollar bill with a gold seal. [6]
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.
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.
Cash currency has perhaps never been less visible than it is right now. Many retailers moved to credit-only transactions throughout the COVID-19 pandemic, while an increasing number of consumers...
However, the back of the bill simply says, “The United States of America — Ten Thousand Dollars — 10,000.” $100,000 Bill This bill didn’t even make it to the public.
The United States one-hundred-thousand-dollar bill (US$100,000) is a former denomination of United States currency issued from 1934 to 1935. The bill, which features President Woodrow Wilson, was created as a large denomination note for gold transactions between Federal Reserve Banks; it never circulated publicly and its private possession is illegal.
There are many $1,000 banknotes or bills, including: One of the withdrawn Canadian banknotes; One of the withdrawn large denominations of United States currency; One of the banknotes of the Hong Kong dollar; One of the withdrawn Singapore banknotes; One of the Fifth series of the New Taiwan Dollar banknote; One of the banknotes of Zimbabwe
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