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Despite the degradation in the value of the U.S. $100 banknote (which was worth about $830.85 in 1969), and despite competition from some more valuable foreign notes (most notably, the 500 euro banknote), there are no current plans to re-issue banknotes above $100. Today's widespread use of electronic means to conduct high-value transactions ...
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 and its private possession is illegal.
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). [12] [13] Due to their rarity, collectors pay considerably more than the face value of the bills to acquire them, and some are in museums in other parts of the world.
These notes, first released to the public on July 10, 1929, were the first standardized notes in terms of design and characteristics, featuring similar portraits and other facets. [1] These notes were also the first to measure 6.14" by 2.61", smaller than the large-sized predecessors of Series 1923 and earlier that measured 7.375" by 3.125". [2]
The counterfeit currency recovered included $3.5 million worth of $100 bills and £2.5 million of £10 notes, which Bank of England experts said were of excellent quality. The police stated that "The potential to undermine the economy of the UK and US was very significant." [13] [14]
The notes and issuance continued in use until October 21, 1944; [1] [3] [4] [5] by April 1946, notes were being recalled, but many were not destroyed and are still legal tender at their face value, though their numismatic value is considerably higher. [4] Many notes were saved as curios and souvenirs by servicemen.
$100 bill is occasionally a "band" or "C-note" (C being the Roman numeral for 100, from the Latin word centum) or "century note"; it's more commonly referred to as a "Benjamin" or "Benny" (after Benjamin Franklin, who is pictured on the note), or a "yard" (so $300 is "3 yards" and a $50 bill is a "half a yard"). "A stack" is $1,000 in the form ...
Along with the $5,000 and $10,000 of the Series of 1888, all 1900 bills ($10,000 denomination only) have been redeemed, and no longer have legal tender status. Most were destroyed, with the exception of a number of 1900 $10,000 bills that were in a box in a post office near the U.S. Treasury in Washington, D.C. There was a fire on December 13 ...