The largest denomination of the dollar. US dollar denominations. Is there a million dollar bill

17.02.2023

Everyone who had US dollars in their possession knows that the largest denomination is considered to be 100 dollars. However, few suspect that there are banknotes and more.

As a rule, the largest denominations were never in circulation, they were used for transactions between banking institutions. And when electronic money appeared, then part of the banknotes turned out to be completely unnecessary.

One hundred dollars bill photo

The first hundred dollar bill was born in the middle of the 19th century. One side featured Former U.S. Postmaster General Benjamin Franklin, while the other featured Independence Hall.

This banknote has its expiration date - 89 months. The composition of the banknote is linen and cotton. If for some reason 100 dollars were damaged, then they can be exchanged for free at the bank.

Five hundred dollars

America's 25th president, William McKinley Jr, is depicted on the $500 bill. However, such money was not in circulation for long, only 10 years. Now these banknotes are in collections in private museums. According to experts, it is still valid at exchange points.

One thousand dollars

If the collection has such a banknote as 1000 dollars, then the collector is very lucky, since it was withdrawn from circulation in the middle of the 20th century. President Stephen Grover Cleveland is depicted on one side of the banknote. .

five thousand dollars

The $5,000 note is still in circulation today. This banknote is highly valued by collectors. It depicts the President of America James Madison

Ten thousand dollars

The banknote of ten thousand dollars has its own peculiarity. It depicts Salmon Portland Chase, who constantly fought for the rights of the oppressed. For example, he opposed slavery in the 19th century and fought against the wealthy politicians of those times. Salmon also managed to work as governor of Ohio and a senator. In the track record there is a position - the Supreme Judge of the United States.

One hundred thousand dollars

Another large monetary unit is one hundred thousand dollars. This paper money has never been in circulation and was used by banking institutions for various transactions. Now it can only be found with a professional collector.

Million dollars

The largest US dollar bill in the photo is a million dollars. There are only a few exhibits of this denomination in the world. The American government has created the highest possible level of banknotes. We are talking about specialized paper, intaglio printing, small print and patterns, ultraviolet components.

This is the largest dollar bill issued in 1988. It is worth noting that in the late 1980s, Tari Steward created such an organization as the International Association of Millionaires, which was supposed to unite rich people in one place. Thus, Tari Steward came up with his own independent financial system. He also developed the rules for joining the club - a banknote with a face value of one million dollars. After the collapse of the organization, bills began to be put up at auctions for relatively little money.

One of the most popular, widespread currencies in the world is. As you know, one dollar is 100 cents.

Today, the following denominations can be found in circulation: 1, 2, 5, 10, 20, 100, 500, 1000, 5000 and 10,000.

The price of the last three bills is much more than their face value. The $100,000 note is used for Treasury and internal use by the Fed.

The largest banknote in circulation between the largest state structures

The $100,000 bill does exist. However, few of the ordinary citizens of America saw her. Since 1918, they began to issue large denominations of dollars. Initially, they were not designed for everyday use, but were used only in the largest interbank structures. It is worth noting that in those days these banknotes were often found among criminals: banks were often robbed, and banknotes were seized illegally, by force. The history of the $100,000 bill begins in 1934. At that time, it was released as a gold certificate. This meant that if the owner wished, they could be exchanged for gold. This banknote is not intended and was not intended for free circulation, but was issued in the form of a gold certificate.

Banknotes of the 1928 model were also popular. This banknote depicts William McKinley. They are available in very limited quantities. The depicted president was famous for the fact that, thanks to his efforts, the United States became a colonial power. The 1928 note features Grover Cleveland, a two-time presidential candidate. The 5,000th note features a portrait of James Maddison. He is considered to be the father of the American constitution. He was the President of the United States and also the Secretary General. The general design of the dollar banknote did not change until 1934. The 5,000 dollar bill features Samuel Chase, who ran the Treasury Department. He was also chairman of the US Supreme Court, took part in the signing of the Declaration of Independence of the country. The largest banknote of 100,000 US dollars on the front side has a portrait of Woodrow Wilson, who was a Nobel Peace Prize laureate. Since 1919, the design of the banknote has not changed.

One million US dollars

This banknote was issued in 1988. For printing, a unique protective paper, a considerable number of UV symbols and a wide variety of micro-patterns were used. To release it, a well-known businessman at that time created and officially registered the International Association of Millionaires. This structure was created for wealthy officials who dreamed of getting richer even more. The purpose of the activity was to achieve financial freedom and independence. The one million dollar banknote has become the symbol of this organization. The design and distinctive subtleties of the bill were developed by the creator himself, while the current $10,000 banknote was taken as the basis. To distinguish himself with originality, Teri Steward placed the Statue of Liberty on the front side.

The reverse had the denomination in numerals and capital letters. Also printed on the bill was the phrase "This certificate is backed only by faith in the American Dream." The circulation was carried out by order of a well-known US banknote company. At that time, it was the largest and was engaged in the issue of securities, documents, banknotes and other valuable products. The volume of circulation reached a colossal number - more than 800,000 copies. Each of the bills was assigned an individual serial number. After the printing was completed, they decided to destroy the printing plates so that no one could recreate the banknote.

Some experts tend to believe that such banknotes are nothing but a work of art. They occupy a special position among banknotes and are of great interest to collectors. 1 million dollars can be safely called a symbol of the American dream of prosperity, well-being, prosperity. The largest note in circulation today is the $100 note. It is widespread not only in America, but also enjoys wide popularity in other countries. Now it is very rare to find bills of 5000, 10,000 and 100,000 dollars, as they are washed out of circulation. The $1,000 note is also rare. The $100,000 note was not used in everyday life. She carried out calculations only major figures and financial organizations of America. On the territory of Russia and other countries, a considerable number of attempts to reproduce and exchange one hundred thousand and one million dollars were established. However, it should be remembered that the latter is a souvenir, and not a real means of payment.

The answer to the question, what is the largest dollar bill, is ambiguous. On the one hand, it's $100,000. However, the $1 million dollar bill was also officially issued. Undoubtedly, these banknotes are valuable and of great historical importance, although today there are thousands of times less of them. At the peak of popularity, there is a bill of 100 dollars. It is widespread not only in America, but throughout the world.

Everyone knows that the largest dollar bill is $100, but few people know that there are much larger bills than $100. In this article, we will tell and also show you the largest dollar bills.

All the bills below are real. These denominations have never been in public circulation, often such denominations were used for the purpose of conducting transactions between banks of the Federal Reserve System. After electronic money appeared, many of these bills became unnecessary, since it is much easier to transfer money electronically, but still some of them have remained to this day.

$500 bill

This bill depicts the 25th President of the United States, William McKinley. Such money was in circulation from 1934 to 1945. Now it is difficult to find such a bill, but it can be found among collectors. Also, if you present it at the exchange points, it will be valid.

1000$ bill

This denomination depicts the only President of the United States who served as president for two terms - Stephen Grover Cleveland. In the history of all US presidents, no one else has managed to hold the presidency for 2 terms. True, he held them with a break for one presidential term. In 1969, such banknotes began to be withdrawn from circulation.

$5000 banknote

This is one of the most interesting banknotes. The $5,000 note is still in circulation today. You can put it in a bank on a deposit or take a loan for it, but of course, no one does this, because such bills have a much greater value than their face value, and are a collectible item. By the way, the 4th US President James Madison is depicted on the banknote.

$10,000 banknote

This bill depicts the statesman of the American Civil War - Samon Portland Chase. Actively opposed slavery, fought against the political influence of wealthy people, and was also the Supreme Judge of the United States.

$100,000 banknote

US$100,000 notes have never been in public circulation. These banknotes were used exclusively for transactions between banks.

$1,000,000 banknote

There is another note. Only a few copies of these bills were issued and each of these bills has a face value of 1 million US dollars. The level of protection of this banknote is maximum, namely: special paper, intaglio printing, microprint, micropatterns, UV marks, etc.

This banknote was issued in 1988. Why create such large banknotes? Once, on April 20, 1987, a certain Teri Steward (Tari Steward) registered the International Association of Millionaires. This organization was supposed to unite millionaires in one place to gain complete financial independence. Then the Steward came up with this bill, it was like a pass to this organization. It was based on a $10,000 bill.

Despite its loud inscription “1 Million Dollars”, this bill is a mere souvenir. These banknotes are collectible. When the organization broke up, bills were sold at auctions starting at $100, but the price rose to $9,500 apiece. How much such a banknote is now worth is unknown.

In addition to all these large bills, many who do not know about the existence of 2 dollar bills. These bills are still in circulation, they are regarded as the most common two dollars. Some Americans believe that a two dollar bill brings good luck, so they are willing to buy it for $50 or even $100. $2 bills are very rare, it is difficult to find them in circulation, so they are often left as a keepsake.

Everyone knows that the largest dollar bill is $100, but few people know that there are much larger bills than $100. Today we will show you the largest denominations of dollar bills.

All dollar bills below are real. They have never been in public circulation, often such denominations were used to conduct transactions between banks of the Federal Reserve System. After electronic money appeared, many of these dollar bills became unnecessary, since it is much easier to transfer money electronically, but still some of them remain to this day.

$1,000,000 banknote

Only a few copies of these bills were issued and each of these bills has a face value of 1 million US dollars. The level of protection of this banknote is maximum, namely: special paper, intaglio printing, microprint, micropatterns, UV marks, etc.

This banknote was issued in 1988. Why create such large banknotes? Once, on April 20, 1987, a certain Teri Steward (Tari Steward) registered the International Association of Millionaires. This organization was supposed to unite millionaires in one place to gain complete financial independence. Then the Steward came up with this bill, it was like a pass to this organization. It was based on a $10,000 bill.

Despite its loud inscription “1 Million Dollars”, this bill is a mere souvenir. These banknotes are collectible. When the organization broke up, bills were sold at auctions starting at $100, but the price rose to $9,500 apiece. How much is now worth such a banknote is unknown.

$100,000 banknote

US$100,000 notes have never been in public circulation. These banknotes were used exclusively for transactions between banks.

$10,000 banknote

This bill depicts the statesman of the American Civil War - Samon Portland Chase. Actively opposed slavery, fought against the political influence of wealthy people, and was also the Supreme Judge of the United States.

$5000 banknote

This is one of the most interesting banknotes. The $5,000 note is still in circulation today. You can put it in a bank on a deposit or take a loan for it, but of course, no one does this, because such bills have a much greater value than their face value, and are a collectible item. By the way, the 4th US President James Madison is depicted on the banknote.

1000$ bill

This bill depicts the only President of the United States who served two terms as President - Stephen Grover Cleveland. In the history of all US presidents, no one else has managed to hold the presidency for 2 terms. True, he held them with a break for one presidential term. In 1969, such banknotes began to be withdrawn from circulation.

$500 bill

This bill depicts the 25th President of the United States, William McKinley. Such money was in circulation from 1934 to 1945. Now it is difficult to find such a bill, but it can be found among collectors. Also, if you present it at the exchange points, it will be valid.

It is a well-known fact that the US currency is issued in denominations (not counting coins) of 1, 5, 10, 20, 50 and 100 dollars, but this does not mean at all that other solvent banknotes do not exist. In this material, we will talk about larger denominations, the denomination of which reaches 100 thousand dollars.

The release by the Federal Reserve Fund (an organization that performs the functions of a state bank in the United States) of denominations of more than 100 dollars was due to various events in the history of the country in the first half of the 20th century. Thus, the flourishing of organized crime, the Great Depression, inflation, World War II and other factors contributed to the more active movement of large amounts of money between those in power, oligarchs, and bandits.

Mentioning such American bills, they usually mean banknotes issued in large quantities in 1918, 1928 and 1934, the rest of the meager circulations are almost completely withdrawn from circulation and can only appear as very expensive lots at large auctions. There were also many different certificates with denominations over $100 (mostly issued in 1880-1895), but all of them have only bonistic value at the moment and most of them are irretrievably lost.

Nowadays, large monetary transactions are carried out without the use of cash, so it makes no sense to issue such banknotes, but at the same time, all the banknotes listed below still have purchasing power. In theory, any of them, except for the 100-thousandth, can be settled in the United States (the export of these banknotes outside the United States is prohibited).

500 dollars

The largest batch of such banknotes was issued in 1918. At that time, the amount of $ 500 in one piece of paper for an ordinary citizen was very solid, used such money mainly by the heads of various criminal organizations. At the moment, almost all 500-dollar bills are withdrawn from circulation or are in private collections, the cost of such a banknote at an auction can reach up to 5 thousand dollars or more.

The $500 bills were issued in the following versions:

1891 (depicted American politician and commander William Sherman)

1918 (pictured is Chief Justice John Marshall)


1934 (depicted is the 25th President of the United States, William McKinley).

1000 dollars

Quite a lot of such banknotes were issued, especially during the Great Depression, when wealthy citizens used them to store large sums. According to the US Federal Reserve, as of 2009, people still had about 165,000 denominations of $1,000 in their hands.

Most often, these are banknotes with the image of the first US Secretary of the Treasury Alexander Hamilton (Alexander Hamilton) 1918 issue


and with a portrait of General Moses Cleveland (Moses Cleaveland) in 1934.


There are also especially valuable specimens. For example, in 2006, a bill known in numismatist circles as "The Grand Watermelon" sold at an auction in Texas for $2,255,000. This is a banknote depicting General George Gordon Meade from 1890.

$5000

Leaving aside the various gold certificates and interest-bearing papers that were popular in the late 19th century, the introduction of the $5,000 denomination can be traced back to 1918, when 18,168 standard-sized banknotes were issued featuring a portrait of President James Madison.


In 1934, another 54,132 banknotes were issued with the same image on the front side, and as of 2014, the number of surviving banknotes is estimated at 150-200 pieces.


$10,000

The only surviving version of this bill is the 1918 version featuring Samuel Chase, Secretary of the Treasury and then Chief Justice of the Supreme Court during the Lincoln presidency. According to unofficial data, there are only a few copies of the 1934 version in private collections, all the rest were destroyed by the Federal Reserve Bank.


1934 $10,000 note version:


$100,000


Such a bill was issued in 1934 and was never available for public use - it was used exclusively for interbank payments. It is noteworthy that the largest banknote in the history of the United States depicted Woodrow Wilson, the man who put a pen to write the Treaty of Versailles and the charter of the League of Nations, and also created one very interesting organization in the United States - the Federal Reserve System.