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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 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
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. Since United States Notes were discontinued in 1971 ...
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 10,000-dollar bill (US$10000) (1878–1934) is an obsolete denomination of the United States dollar. The $10,000 note was the highest denomination of US currency to be used by the public and was no longer issued after 1969. These notes are still legal tender, and thus banks will redeem them for face value.
On July 14, 1969, the United States Department of the Treasury announced that all notes in denominations greater that US$100 would be discontinued. [2] Since 1969 banks are required to send any $5000 bill to the Department of the Treasury for destruction. [3] Examples of the note have become valuable among collectors.
As such, it seems you'll get the most value in trade if you find the weird serial number on a lower denomination -- getting $200 for a dollar bill is a lot more profitable than the same amount for ...
By 1780, Continental bills – or Continentals – were worth just 1 ⁄ 40 of their face value. Congress tried to reform the currency by removing the old bills from circulation and issuing new ones, but this met with little-to-no success. By May 1781, Continentals had become so worthless they ceased to circulate as money.