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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 ]
In comparison, the $1 bill lasts an average of 6.6 years, the $5 bill averages 4.7 years of use, the $10 bill gets 5.3 years, the $20 bill lasts 7.8 years and the $50 stays strong for about 12.2 ...
Beginning in July 1969, the Federal Reserve began removing high-denomination currency from circulation and destroying any large bills returned by banks. [11] 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).
The $5 bill also has a shorter lifespan than the $1 bill, coming in at 5.5 years, whereas the $20 and $50 bills start to trend upward at 7.9 years and 8.5 years, respectively.
The difference between a United States Note and a Federal Reserve Note is that a United States Note represented a "bill of credit" [clarification needed] and, since it was issued by the government itself and does not involve either lending or borrowing, was inserted by the Treasury directly into circulation free of interest. The twelve Federal ...
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 ...
The Treasury initially made no plans to redesign the $5 bill using colors but reversed its decision in 2006 after learning some counterfeiters were bleaching the ink off the bills and printing them as $100 bills; the new bills would enter circulation 2 years later.
Ben Franklin is about to get a serious facelift. America's new $100 debuted on Oct. 8. What's on the new bills? On the picture above you can see the new 3D blue ribbon. Also, that inkwell that ...