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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.
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, 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).
The $50 bill was the largely forgotten cousin in the U.S. paper currency family until a few years ago, when it suddenly became very popular. A record number of the notes were printed in 2022, and ...
A guide that accompanied the Old Money Prices blog offered values on $50 bills from 1862 to 1923. Certain 1923 bills, called Porthole notes, have values that range from a few hundred dollars in ...
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.
Printing errors on bills and coins could make the currency more valuable. For example, a 1942 Mercury dime sold for $1,277 in 2022 just because it was cast using a 1941 die.
The U.S. Dollar has numerous discontinued denominations, particularly high denomination bills, issued before and in 1934 in six denominations ranging from $500 to $100,000. Although still legal tender, most are in the hands of collectors and museums. The reverse designs featured abstract scroll-work with ornate denomination identifiers.
The Fed in its 2023 order said its primary driver now in currency orders is the need to replace damaged notes ($50s last 12.2 years on average, according to the Fed; dollar bills last about half ...