Dollars with high denominations

While many people today believe that the U.S. $100 note is the highest denomination, in reality there are 5 notes with higher values: €500, $1000, $5000, $10.000 and $100.000. These are however no longer used. The higher values were once used when there was still a lot of mining for gold in the U.S. To avoid walking around with hundreds of banknotes, higher values were added. The $100.000 note was meant specifically for traffic between banks and was never issued to the public. There are 20.113 of these banknotes with the highest value.

These notes were printed until 1945 and from 1969 the values higher than $100 were no longer being used in daily traffic. The notes which still exist belong to collectors and museum but have still kept their value and you could still use them to pay for things in the United States in theory.

500 Dollar

More pictures after the break!

1000 Dollar

 

5000 Dollar

 

10.000 Dollar

 

100.000 Dollar

More info on this (German) site and on Wikipedia. (Scans © Wikipedia)

Steven Thursday 29 November 2012 at 3:58 pm | | articles
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