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Approximately 3.5% of all notes printed in 2019 were $50 bills. [3] They are delivered by Federal Reserve Banks in beige straps. Next to the United States two-dollar bill, the fifty-dollar bill has the lowest circulation of any U.S. denomination measured by volume, with 1.8 billion notes in circulation as of December 31, 2019. [4]
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 ...
In the banking world, some currency denominations are more popular than others. While most people are familiar with the common $1, $5, $10 and $20 bills, the humble $50 often goes overlooked. That ...
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 ...
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).
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.
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Fifty-dollar bills have the second-lowest circulation after the $2 bill. A guide that accompanied the Old Money Prices blog offered values on $50 bills from 1862 to 1923.