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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]
The United States 1000 dollar bill (US$1000) is an obsolete denomination of United States currency. It was issued by the US Bureau of Engraving and Printing (BEP) beginning in 1861 and ending in 1934. Since 1969 Treasury policy is to withdraw any $1000 bills it receives, but it is still legal tender.
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The United States one-hundred-thousand-dollar bill (US$100,000) is a former denomination of United States currency issued from 1934 to 1935. The bill, which features President Woodrow Wilson , was created as a large denomination note for gold transactions between Federal Reserve Banks ; it never circulated publicly.
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In 1861, in fact until the mid-1870s, the Treasury Department lacked the facilities or infrastructure to engrave and print the bulk of it financial paper and therefore relied on external contracts with private bank note companies.