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Series of 1928B for $5, $10, and $20 notes; Series of 1928A for $50 and $100 notes; and Series of 1928 for the large denominations reflected a change in the Federal Reserve Seal to contain a letter instead of a number. [5] The four corner numbers were aligned vertically, as well, causing a shift in plate position letters on certain denominations.
According to the U.S. Department of Treasury website, "The present denominations of our currency in production are $1, $2, $5, $10, $20, $50 and $100. The purpose of the United States currency system is to serve the needs of the public and these denominations meet that goal.
United States Mint engraver George T. Morgan made sketches of a possible design for a $100 coin in 1876, should the half union ever be a success. When the mint concluded that the half union (a gold coin weighing about 2.7 troy ounces or 83.6 grams) was infeasible, the idea of a union coin was discarded and forgotten.
In 1854, Secretary of the Treasury James Guthrie proposed creating $100, $50, and $25 gold coins, to be referred to as a union, half union, and quarter union, respectively, [21] thus implying a denomination of 1 Union = $100. However, no such coins were ever struck, and only patterns for the $50 half union exist.
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.
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