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A banknote – also called a bill (North American English), paper money, or simply a note – is a type of negotiable promissory note, made by a bank or other licensed authority, payable to the bearer on demand.
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]
National Gold Bank Notes were issued by private banks, mostly from California. The concept is similar to that of the National Bank Notes, the difference being that National Gold Bank Notes were redeemable in gold. They were issued from 1870 to 1875 in denominations of $5, $10, $20, $50, $100 and $500.
Large-denomination currency (i.e., banknotes with a face value of $500 or higher) [1] had been used in the United States since the late 18th century. [2] The first $500 note was issued by North Carolina, authorized by legislation dated May 10, 1780. [3]
Federal Reserve Bank Notes are no longer issued; the only U.S. banknotes still in production since 1971 are the Federal Reserve Notes. Large size Federal Reserve Bank Notes were first issued in 1915 in denominations of $5, $10, and $20, using a design that shared elements with both the National Bank Notes and the Federal Reserve Notes of the time.
The first $10 National Bank Note issued by The First National Bank of Hawaii at Honolulu, Territory of Hawaii (1900), signed by Cecil Brown (President) and W.G. Cooper (Cashier). The vignette at left shows Benjamin Franklin conducting the famous Kite experiment. The 5550 in brown ink (and large numerals on the reverse) is the issuing bank's ...
A First Trust Bank £100 note. Until June 2020, First Trust Bank issued notes in denominations of £10, £20, £50 and £100. The notes bear portraits of generic Northern Irish people on the front with varied illustrations on the reverse. [125] Until 1993 the bank issued notes under its former trading name, Allied Irish Banks.
The $100,000 bill, a gold certificate from Series 1934, is the largest denomination banknote ever produced in the United States; it was printed to facilitate transactions between Federal Reserve Banks, and was never issued for usage by the public.