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Abraham Lincoln was portrayed on the 1861 $10 Demand Note; Salmon Chase, Lincoln's Secretary of the Treasury, approved his own portrait for the 1862 $1 Legal Tender Note; Winfield Scott was depicted on Interest Bearing Notes during the early 1860s; William P. Fessenden (U.S. Senator and Secretary of the Treasury) appeared on fractional currency ...
Large denominations of United States currency greater than $100 were circulated by the United States Treasury until 1969. Since then, U.S. dollar banknotes have been issued in seven denominations : $1 , $2 , $5 , $10 , $20 , $50 , and $100 .
The quantity of notes that a bank was allowed to issue was proportional to the bank's level of capital deposited with the Comptroller of the Currency at the Treasury. To further control the currency, the Act taxed notes issued by state and local banks, essentially pushing non-federally issued paper currency out of circulation. [8]
The United States also issued fractional currency for a brief ... Salmon P. Chase: $100,000 ... but were never released to circulation following Executive Order 6102 ...
The first ten-thousand-dollar bills were issued as large-size paper money measuring 7.38 in (187 mm) by 3.18 in (81 mm) and portrayed Andrew Jackson.Beginning with the 1928 series, the size of the bill was reduced to the small-size variety measuring 6.14 in (156 mm) by 2.61 in (66 mm).
Currency Transaction Report, March 2011 revision. A currency transaction report (CTR) is a report that U.S. financial institutions are required to file with FinCEN for each deposit, withdrawal, exchange of currency, or other payment or transfer, by, through, or to the financial institution which involves a transaction in currency (e.g. bank notes or coins) valued at more than $10,000.
A United States Note, also known as a Legal Tender Note, is a type of paper money that was issued from 1862 to 1971 in the United States. Having been current for 109 years, they were issued for longer than any other form of U.S. paper money other than the currently issued Federal Reserve Note.
The U.S. government decided to substitute paper currency of denominations under a dollar for coins in order to solve the problem. The denominations issued were 3¢, 5¢, 10¢, 15¢, 25¢ and 50¢. There were five issues of fractional currency.
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