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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]
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The $500, $1,000, $5,000 and $10,000 denominations were last printed in 1945 and discontinued in 1969, making the $100 bill the largest denomination banknote in circulation. A $1 note was added in 1963 to replace the $1 Silver Certificate after that type of currency had been discontinued.
It Costs 8.6 Cents to Produce. Every $100 bill comes with a production cost of 8.6 cents, according to the Federal Reserve. Print costs cover essentials such as paper, ink, labor and overhead ...
The latest redesign of the U.S. $100 bill is set to enter circulation in October, and along with its sleeker look, the bill has new security features designed to thwart counterfeiters. For ...
On July 14, 1969, the United States Department of the Treasury announced that all notes in denominations greater than 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]
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.
Of course all the high-tech snazziness is to counter the counterfeiters -- especially important considering that the $100 bill, last redesigned in 1996, is the largest denomination still produced ...