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The United States fifty-dollar bill (US$50) is a denomination of United States currency. The 18th U.S. president (1869-1877), Ulysses S. Grant, is featured on the obverse, while the U.S. Capitol is featured on the reverse. All current-issue $50 bills are Federal Reserve Notes.
They were issued from 1870 to 1875 in denominations of $5, $10, $20, $50, $100 and $500. They are all rare with the $5 being by far the most common, with 427 examples known, and the $50 the rarest, with only 7 examples known. The $500 note is not known to exist.
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The Federal Reserve’s order for $50 bills to be produced in 2024 is less than one-third the total in 2022. But it’s usually not new bills that catch the attention of collectors.
Older $50 bills carry a lot more value than that, but good luck finding one. A separate guide on the U.S. Currency Auctions (USCA) website listed prices as high as $65,000 for a rare 1875 $50 bill ...
Beginning in July 1969, the Federal Reserve began removing high-denomination currency from circulation and destroying any large bills returned by banks. [11] As of May 30, 2009 [update] , 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).
Until the pandemic, the $50 had been one of the rarest bills ordered for years, save for the $2 bill. But for 2021 and 2022, the Fed ordered up mor e $50s than $10s and $5s.
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