The first $1 notes (called United States Notes or "Legal Tenders") were issued by the federal government in 1862 and featured a portrait of Secretary of the Treasury Salmon P.
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.
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.
1914: The first $100 Federal Reserve Note was issued with a portrait of Benjamin Franklin on the obverse and allegorical figures representing labor, plenty, America, peace, and commerce on the reverse.
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. Why? Inflation, of course. The Consumer Price Index (CPI) was at an estimated 36.8 back in 1969.
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.
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.
American paper currency comes in seven denominations: $1, $2, $5, $10, $20, $50, and $100. The United States no longer issues bills in larger denominations, such as $500, $1,000, $5,000, and $10,000 bills. But they are still legal tender and may still be in circulation.
It is also the likeness that was used on the first one dollar bill printed in 1862 and the $10,000 bill in 1918. In 1861, Salmon P. Chase resigned from the Senate to become President Abraham Lincoln's Treasury Secretary. In his new position, Chase was faced with the formidable challenge of financing the Civil War.
What's the average worth of a 1985 $100 bill? On average, a preowned 1985 $100 bill can sell on eBay for anywhere between $120 and $160. However, the condition of the bill is a significant factor in determining its price. Bills in mint condition or bills that have not been circulated can sometimes cost as much as $300.
The $20 bill is the most commonly counterfeited banknote in the U.S., while overseas counterfeiters are more likely to make fake $100 bills. The real $100 bills are more prevalent overseas as well, according to the Federal Reserve Bank of San Francisco.
Low, High, and Solid Serial Bills Also Worth More to Collectors. For example, low serial numbers such as those below 1,000 or 100 — for example, 00000100 — have sold for as high as $300 on eBay. A serial number of 00000001 could be worth as much as $15,000, though there's no evidence that one even exists.
Standard two-dollar paper notes from 1988 - the last year of issue before Australia switched to a two-dollar coin - are now fetching as much as 10 times their nominal value. A one-dollar note from 1972 - featuring a delightfully youthful looking Queen Elizabeth II - can be worth as much as $95.
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.
Australian $10 notes were issued from 1966 up until they were replaced in 1993. Some notes can be particularly valuable with the right serial numbers or if in mint condition, reaching up to $6,000 for the rarest notes.
Produced in 1918, $500 bill's front bears the likeness of John Marshall, who served as the United States' fourth Chief Justice of the Supreme Court from 1801 to 1835. The reverse side of the bill depicts Spanish conquistador Hernando De Soto discovering the Mississippi in 1541.
The $100,000 bill is the highest denomination ever issued by the U.S. Federal Government. Printed in 1934, it was not intended for general use, but instead was used as an accounting device between branches of the Federal Reserve. It is illegal for a private individual to own this banknote.
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.
How Rare Are 2-Dollar Bills? According to Business Insider, 2-dollar bills account for less than 0.001% of all currency in circulation. Two-dollar bills are the rarest currently produced money in the United States, and only about 1.2 billion 2-dollar bills are in current circulation.
The $2 bill was first printed in 1862 and is still in circulation today. It originally featured a portrait of Alexander Hamilton, but that changed with an 1869 redesign that put Thomas Jefferson on the bill.
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.
It also contains the (important) words 'non-negotiable', meaning the legal tender value is zero. In summary: Banknotes of one million and one billion US dollars are worth nothing. We cannot exchange them, and they should not be considered as money.