Just as this $10,000 bill, produced in 1918, is rare, the likeness on the front might be unfamiliar. It shows Salmon P. Chase, who served as President Lincoln's Secretary of the Treasury from 1861 to 1864.
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.
On July 14, 1969, the Department of the Treasury and the Federal Reserve System announced that currency notes in denominations of $500, $1,000, $5,000, and $10,000 would be discontinued immediately due to lack of use. Although they were issued until 1969, they were last printed in 1945.
Woodrow Wilson was born in Staunton, Virginia in 1856 to a Presbyterian reverend of Scots-Irish descent. He graduated from Princeton, where his father was a professor, in 1879, then attended law school at the University of Virginia for a year. He did not graduate but easily passed the Georgia bar anyway.
The $10,000 bill featuring the portrait of President Lincoln's Secretary of the Treasury, Salmon P. Chase, was the highest denomination US currency ever to publicly circulate.
The largest denomination Federal Reserve note ever issued for public circulation was the $10,000 note. On July 14, 1969, the Federal Reserve and the Department of the Treasury announced that banknotes in denominations of $500, $1,000, $5,000, and $10,000 would be discontinued due to lack of use.
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.
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.
The United States has never issued a million dollar bill. However, many businesses print million dollar bills for sale as novelties. Such bills do not assert that they are legal tender. The Secret Service has declared them legal to print or own and does not consider them counterfeit.
How Rare Is a $1,000 Bill? It is extremely rare to find a $1,000 bill. Large bills, including the $1,000 bill, were last printed in 1945 and were officially canceled by the U.S. Treasury Department and the Federal Reserve in 1969.
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.
The Federal government only printed 60,000 bills over both years of production. From this meager initial supply, only the 336 bills we highlighted earlier are known to exist. While there may have been more issues of the $10,000, only the 1918, 1928, and 1934 series have information available in the public domain.
Description. President Thomas Jefferson Million Dollar Bill. These million dollar bills are professionally printed on the front and back. Each bill is the same size as our US currency.
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.
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.
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.
Called "ladder bills," the most sought-after examples are bills that feature the so-called "perfect" ladder serial numbers: 12345678 and 87654321. Unsurprisingly, these notes are exceedingly scarce and represent only one-in-96-million bills printed, meaning they can sell for big bucks.
In 1904, $4 bills ceased being issued, but they continued to circulate for several years after that; however, by 1947, according to a Globe and Mail article, they would rarely show up in circulation anymore. Today, the bills are a collector's item.
Today, a $500 or $1,000 bill may be worth more than its face value. The $10,000 bill was the largest denomination ever to be printed for public consumption. Collectors cannot legally hold a $100,000 bill.
$5,000: James Madison, fourth president, helped write Federalist Papers. $10,000: Salmon P. Chase, not a president, Lincoln's Secretary of the Treasury. $100,000: Woodrow Wilson, 28th president, served during WWI.
James Madison was the fourth U.S. president and is often referred to as the “Father of the Constitution” because of his role in writing America's founding documents. His portrait has been featured on the 5,000 dollar denominations of multiple series of U.S. notes.
The Romania 10 bani note is the smallest banknote ever issued. It measured 27.5 mm by 38 mm. That's about one tenth the size of a US$1 banknote.
The Kuwaiti dinar continues to remain the highest currency in the world, owing to Kuwait's economic stability. The country's economy primarily relies on oil exports because it has one of the world's largest reserves. You should also be aware that Kuwait does not impose taxes on people working there.
Large denominations of United States currency greater than $100 were circulated by the United States Treasury until 1969. Since then, U.S. dollar banknotes have been issued in seven denominations: $1, $2, $5, $10, $20, $50, and $100.