Like its smaller cousin, the $500 bill, the $1,000 bill was discontinued in 1969.4 And like the $500 bill, the $1,000 bill would seem to have a lot more use now than it did then.
Once upon a time, though, $500, $1,000, $5,000, $10,000 and $100,000 bills were in circulation. After the last printing of those denominations in 1945, the Treasury Department and the Fed discontinued them in 1969.
They are part of the Australian Pound banknotes series. The Commonwealth Bank of Australia started issuing these 1000 Australian Pound banknotes in 1914.
Other currencies that issue $1,000 banknotes or bills are: Brunei dollar. Guyanese dollar. Jamaican dollar.
"A stack" is $1,000 in the form of ten $100 bills, banded by a bank or otherwise. Amounts above 1000 US dollars are occasionally referred to as "large" ("twenty large" being $20,000, etc.).
The original $1,000 bill featured Alexander Hamilton on the front. When someone presumably realized that it might be confusing to have the same former Secretary of the Treasury on multiple denominations, Hamilton's portrait was replaced with that of a president—the 22nd and the 24th, Grover Cleveland.
How Much Is a $1,000 Bill Worth Today? In general, a collector could expect a $1,000 bill to be worth approximately double its value today, if not more. One speculator has offered that a $1,000 bill printed in the 1920s with a gold seal could be worth anywhere from $20,000 – $100,000 in U.S. dollars today.
Neuman and read: "This is not legal tender—nor will a tenderizer help it." Mad writer Frank Jacobs said that the magazine ran afoul of the US Secret Service because the $3 bill was accepted by change machines at casinos. The United States has never issued a million dollar bill.
Can You Get a 500 Dollar Bill from the Bank? Since the bill stopped rolling off the BEP's presses in 1945 and got yanked from circulation 50 years ago, your bank's ATM won't be spitting out any $500 bills these days, nor will your neighborhood teller give you this rare paper currency.
2-dollar bills can range in value from two dollars to $1000 or more. If you have a pre-1913 2-dollar bill in uncirculated condition, it is worth at least $500. Even in circulated condition, these very old 2-dollar bills are worth $100 and up.
Australian banknotes are available in $5, $10, $20, $50 and $100. Our banknotes are coloured and have special security features.
Today, we have banknotes of 5, 10, 20, 50 and 100 Australian dollars. Regarding coins, there are 1 and 2 dollars and 5, 10, 20 and 50 cents in circulation.
Is there a $500 note in Australia? NO! Did you know, according to the Reserve Bank of Australia (RBA), there are 300 million $100 notes that are in circulation, almost three times the number of $5 notes. Less than 10 per cent of $100 banknotes ever issued have returned to the RBA as unfit banknotes.
The $1,000 bills were discontinued for the same reasons as the $500 bill, but like the $500 bill, $1,000 bills are still legal tender and can be used as currency.
Bank notes that are no longer legal tender. Since January 1, 2021, the Canadian $1, $2, $25, $500 and $1,000 bank notes are no longer considered legal tender. Essentially, this means that you may not be able to use them in cash transactions. Don't worry—these bank notes have not lost their face value.
One of the most valuable dollar bill variations in the world, called a “ladder” in collector's parlance, could be worth about $6,000, according to the Penny Hoarder website: “When the serial number ascends (e.g. 12345678) or descends (e.g. 8765431) in order, collectors call it a ladder.
Since $10,000 notes were last issued back in 1934, they are extremely rare. You are not likely to ever see one in circulation, and they currently remain soundly in the possession of collectors.
There are only a few hundred 5,000 dollar bills estimated to be in existence today. Therefore the value will be quite high for any of these bills, regardless of condition. Even in poor condition, a $5,000 bill will sell for at least $30,000.
In addition, older versions of the bill are consistently listed at higher prices. Bills issued with a brown or red seal during the 1800s are the most valuable at the moment, with some fetching prices as high as $4,500.
1 Billion / 9 Products. You may not have a billion dollars in your pocket, but still, you can have the feeling of being a Billionaire. The Zimbabwean 1 Billion Dollar Banknote is all you need. You can buy this rare bill to add to your collection of rare items and also feel like you own the world.
If you are interested in purchasing or learning more about these larger denominations, more resources may be available online or at your local library. The largest note ever printed by the Bureau of Engraving and Printing was the $100,000 Gold Certificate, Series 1934.
On November 3, 1975, Secretary of the Treasury William E. Simon announced the reissuance of the $2 note as a cost-saving measure; the new $2 notes would be available from banks on April 13, 1976, Thomas Jefferson's birthday. Series 1976 $2 bills were partially redesigned and reissued as a Federal Reserve Note.
The Reserve Bank of Australia has estimated that approximately 19 million one dollar notes are still in circulation, so most Australian 1 dollar notes are still only worth a dollar each. Some one dollar notes are very valuable if they have the right serial numbers or if they're in mint condition.
However, even a $2 bill from the 1800s that has been well-preserved will rarely be worth more than about $1000 dollars; there simply isn't much demand for $2 bills among collectors for them to fetch the very high prices of other rare currencies.