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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.
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]
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.
In 1969, the federal government retired the $500, $1,000, $5,000 and $10,000 bills, leaving $100 as the largest denomination of currency in circulation. However, the C-note had more than a century ...
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 ...
Also, while a variety of denominations were issued as United States Notes during the large-size era, only the $1, $2, $5, and $100 denominations were ever issued as small-size notes. Existing United States Notes are still fully usable and are considered legal tender.
The 1950 $100 Bill Of all the bills that are valuable and still in somewhat feasible circulation, the 1950 $100 is the most commonly used bill today. It’s rare in that it features a detailed ...
Large denominations of United States currency greater than $100 were circulated by the United States Treasury until 1969. Since then, U.S. dollar banknotes have been issued in seven denominations: $1, $2, $5, $10, $20, $50, and $100.