Is there for example a $500 bill? or a $1000 bill?or is $100 the highest? I remember one of my senior clients telling me that there used to be a $500 bill so I was just wondering if there are any more in circulation or are they all obsolete? Also is the $2 bill still out there or has that stopped too? just curious as I haven't seen them in a long while.
This would have been a good post for the Q&A section. Yes, there used to be $500 and even $1000 bills, but they were taken out of circulation many years ago. I've seen &2 bills in recent years, but they're not real common.
I have a vague memory of, as a little school kid, being taken on a tour of the state capitol building where we lived, and someone showing the class a framed bill of a huge denomination. It was the biggest denomination you could get, and the person explained they'd paid that much money for it. My memory has always been that it was $1,000,000 - since I was a very little kid, who knows? Might have been anything under that ($100,000? $10,000?), but it was more than $1,000.
Thank you Marcy any denomination over $100 is incredible Wow!!!
Marcy I did just ask a question in the Q&A section about who would accept such large bills and for what purchase. Thanks for the idea of putting it into Q&A format!!!
The highest in use is the $100 bill. However, there are $500, $1,000, $10,000, and $100,000 that were printed and used at some point in time. The highest used for circulation was the $10,000, the $100,000 was only used by the federal reserve banks.
http://en.wikipedia.org/wiki/Large_deno … s_currency
Thanks, Sapper - I think you have more accurate data than I do. We probably saw the $100.000 bill, and It may have been related to the state treasury or something. As I recall, it was larger than regular currency.
Thank you Sapper,
I wonder if it was the Rockefellars and such that carried such huge bills. I think I remember hearing something about the people in the Railroad business having such large bills like Carnegie, I think that's right. Thanks for the info. very interesting.
Sapper after reading the Wikepedia link that you shared all those large bills seem to have been for government only rather than public circulation. Very intersting stuff. Thanks!
by pharuk temmy t 13 years ago
Can someone explain to me if this is craziness?
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I was listening to two DJs on the radio. They were real clowns. One was "on the street," the other in the studio. The one on the street had a fake $100 bill which he put on the ground in front of a gas station. When people walked out, he'd ask them it the $100 bill...
by Al Wordlaw 10 years ago
What do you think is better to do if you were $100,000 in debt with credit cards and bills but thenyou either won it or received a $200,000.00 inheritance? Would you pay off the debt and bills or ignore them and enjoy spending the $200,000?
by Sondra Rochelle 11 years ago
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by Deb Welch 13 years ago
Con: A coin would be a little heavier to carry around.Pro: It would save a small fortune in not having to replace damaged bills.What are your reasons?
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