What was the highest denomination note ever printed?

The Answer: The highest current denomination is the $100 bill. The highest bill ever printed, however, was a $100,000 note that was printed from December 18, 1934 to January 9, 1935. It was used for transactions between Federal Reserve Banks.

What is the largest paper money denomination?

The highest value of denomination currently in production is the $100 bill, but in decades past, the Federal Reserve has issued $1,000, $5,000, $10,000 and even $100,000 bills. The first known use of the $1,000 bill coincides with the United States’ beginnings.

What was the largest currency denomination ever produced?

The $10,000 bill was the largest denomination ever to be printed for public consumption. Collectors cannot legally hold a $100,000 bill.

When did they stop making $500 bills?

1969
The $500 bill, along with other large denominations, was discontinued by the Federal Reserve in 1969. Since then, the $500 bill has become a sought-after item for currency collectors, with the value of some of these elusive bills reaching up to the hundreds of thousands of dollars.

What country has the largest denomination bill?

Measuring in at roughly the size of a sheet of legal paper, the world’s largest single banknote is the 100,000-peso note created by the government of the Philippines in 1998.

Are there 1000 dollar bills in circulation?

According to the government, they discontinued the bills because of a lack of use, though it was actually due to the fact that the bills were used for illegal activity like money laundering. Today, it’s incredibly rare to see a $1,000 bill in circulation. Instead, virtually all of these notes are now collectors’ items.

Who is on the 100k bill?

Who Is on the 100,000 Dollar Bill? President Woodrow Wilson is featured on the 100,000 dollar bill. Wilson was the 28th president of the United States and in 1913 he signed the Federal Reserve Act which created the Federal Reserve System.