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Since 1971, Federal Reserves Notes have been the only banknotes of the United States dollar that have been issued. But at some points in the past, the United States had multiple different types of banknotes, such as United States Notes (1862–1971), Interest bearing notes (1863-1865), and Gold certificates (1865–1934).
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 United States dollar (symbol: $; currency code: USD; also abbreviated US$ to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries.
Like the previous $10,000 bill, these bills produced in 1928 and 1934 also bear the likeness of Salmon P. Chase on the front. However, the back of the bill simply says, “The United States of ...
On July 14, 1969, the United States Department of the Treasury announced that all notes in denominations greater that 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]
According to Collectibles & Currency, 1928 series bills are more collectible than 1934 series, but depending on the condition, an old $500 bill should net you anywhere between $800 and $4,000 ...
The United States one-dollar bill (US$1), sometimes referred to as a single, has been the lowest value denomination of United States paper currency since the discontinuation of U.S. fractional currency notes in 1876.
Certain $2 bills can fetch $4,500 and up on the collectibles market, according to the U.S. Currency Auctions (USCA) website. Just about all of the really valuable ones were printed in the 19 th ...
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