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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]
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
It Costs 8.6 Cents to Produce. Every $100 bill comes with a production cost of 8.6 cents, according to the Federal Reserve. Print costs cover essentials such as paper, ink, labor and overhead ...
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The $500, $1,000, $5,000 and $10,000 denominations were last printed in 1945 and discontinued in 1969, making the $100 bill the largest denomination banknote in circulation. A $1 note was added in 1963 to replace the $1 Silver Certificate after that type of currency had been discontinued.
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