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In May 2019, Mnuchin stated that no new imagery for the new 2028 $20 bill would be unveiled until 2026. He also reaffirmed that the new $20 bill would not be moved up ahead of the new $10 or $50 bills due to counterfeiting security concerns regarding the $10 and $50. Mnuchin would not say whether he supported keeping Tubman on the redesigned $20.
The first series printed by the Federal Reserve was Series 1914. It contained a $5 bill with Abraham Lincoln, a $10 bill with Andrew Jackson, a $20 bill with Grover Cleveland, a $50 bill with Ulysses Grant, and a $100 bill with Benjamin Franklin all of which were large-size notes.
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.
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A one-dollar bill, the most common Federal Reserve Note . Federal Reserve Notes are the currently issued banknotes of the United States dollar. [1] The United States Bureau of Engraving and Printing produces the notes under the authority of the Federal Reserve Act of 1913 [2] and issues them to the Federal Reserve Banks at the discretion of the Board of Governors of the Federal Reserve System. [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).
They were of uniform appearance except for the name of the bank and were issued as three series or charter periods: 1869–1882, 1882–1902, and 1902–1922. In 1929 the Great Depression motivated an emergency reissue, but they were discontinued in 1933. The denominations issued were $1, $2, $5, $10, $20, $50, $100, $500 and $1,000.
For example, a 1928 Series Gold Seal $50 bill can fetch up to $250 even in average condition, according to Old Money Prices. Here are some other $50 bills worth $100 or more in average condition ...