Coinage
Paper
Money
Miscellaneous
|
High
Denominations
It wasn’t too long ago that the United States was printing notes
that were higher than $100, a lot higher.
In fact, up until the mid 40’s high denomination notes were printed
(would have had a Series date of 1934).
These notes ranged from $500 up to $100,000. The lower the
high denomination (oxymoron?)
the more common and less expensive it is, although all of them still
hold a
premium. The one’s that hold the most
premium however, are those that are gold certificates. One
thing to keep in mind, is that the last
two highest denominations, although available as a gold certificate,
were
typically used for bank transfers and it’s unlikely that one exists in
private
hands (http://highdenomination.com/HighDenoms.asp). Lastly,
the people listed under portrait are
for small size notes.
Here’s a
bit of info on each one:
|
Denomination
|
Portrait
|
Available as Gold
Certificate?
|
|
500
|
William
McKinley
|
Yes
|
|
1,000
|
Grover
Cleveland
|
Yes
|
|
5,000
|
James
Madison
|
Good
Luck
|
|
10,000
|
Salmon
Chase
|
Good
Luck
|
|
100,000
|
Woodrow
Wilson
|
Only
as a gold certificate, and illegal to own
|
If you’re
wondering about the $100,000 note, it was only used between Federal
Bank
transfers (in fact, instead of saying “payable to the bearer on demand”
it says
“payable to the bearer on demand as authorized by law”), and was only
printed
from December 1934 – January 1935!
(http://www.ustreas.gov/education/faq/currency/denominations.shtml#q2)
For
more information check out this website:
http://www.highdenomination.com/index_content.asp
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