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As of June 30, 2012, the $100 bill comprised 77% of all US currency in circulation. [5] Federal Reserve data from 2017 showed that the number of $100 bills exceeded the number of $1 bills. However, a 2018 research paper by the Federal Reserve Bank of Chicago estimated that 80 percent of $100 bills were in other countries.
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.
The next series was Series 1918, which contained large-size notes in denominations of $500 bill with John Marshall, the $1,000 bill with Alexander Hamilton, the $5,000 bill with James Madison, and the $10,000 bill with Salmon Chase. One dollar bills featuring George Washington (which were all Silver Certificates) came in Series 1923, as did red ...
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 ...
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The latest redesign of the U.S. $100 bill is set to enter circulation in October, and along with its sleeker look, the bill has new security features designed to thwart counterfeiters. For ...
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]
The New Yorker reports that the government's much-delayed project to introduce a redesigned hundred-dollar bill has run into another setback: About 30 million of the bills -- that's $3 billion in ...