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Here are five discontinued American bills, or currency denominations, that are no longer in circulation: $500 Bill A few versions of the $500 bill were printed over the years and was last printed ...
Of all the bills that are valuable and still in somewhat feasible circulation, the 1950 $100 is the most commonly used bill today. It’s rare in that it features a detailed portrait of Benjamin ...
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.
They’re still legitimate legal tender but are in limited circulation, except for the $100,000 bill, which was only ever used in fiscal channels. These days, most of these increasingly rare bills ...
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).
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. In 2024, a graded example of a $5000 bill sold at auction for $144,000. [4] In 2023, an example of the $5,000 Federal Reserve Note sold at Heritage Auctions for $300,000. [5]
Among valuable bills that are still in circulation, the 1950 $100 bill is the most commonly used today. It features a detailed portrait of Benjamin Franklin. USA 1928 $500 Bill: $1,500
The notes did not see much circulation among the public because they were printed to facilitate transactions between banks. [1] In 1878 and 1880 the Treasury produced the $1,000 bill as a silver certificate. Other subsequent versions were produced in 1878, 1880 and 1891. In 1913, a large-size version of the bill was issued as a Federal Reserve ...