Yes, there were $10,000 bills issued by the U.S. Treasury, featuring Salmon P. Chase (Lincoln's Treasury Secretary), which were the highest denomination in public circulation, though they were last printed in 1945 and officially discontinued in 1969, remaining legal tender but now highly valuable to collectors.
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. The U.S. Bureau of Engraving and Printing creates U.S. paper currency.
In today's market, a $10,000 Federal Reserve Note would cost anywhere between $125,000 and $200,000. Even ultra-high denoms that are badly damaged have a minimum value of $50,000."
There are estimates that fewer than 350 $10,000 bills remain in circulation today. Further, there are only eight known 1928 bills known to still exist, two of which are owned by museums. This has vastly inflated the value of the bill.
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.
$10,000 real cash (all $100 bills) - COUNTED SLOWLY!
Can a bank cash a $10000 bill?
The $10,000 note was the highest denomination of US currency to be used by the public. These notes are still legal tender, and thus banks will redeem them for face value.
Description: 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.
Most of the $100,000 bills were destroyed in the late 1960s, but you can still see some of the remaining bills at a select few institutions, including the Federal Reserve Bank of Atlanta's Monetary Museum.
Large denomination bills are unavailable through banks. You cannot expect to stroll into a local branch and ask for a $500, a $1000, or anything higher.
Although they're no longer in circulation, $10,000 bills are still legal tender. However, they're incredibly rare and valuable to collectors—often selling for far more than face value, depending on their condition and serial number. Only a few hundred are known to still exist today.
Nearly all of the world's most valuable banknotes were minted in the U.S., though there are a few exceptions. As previously reported by GOBankingRates, the most valuable bill in the world might be an 1890 U.S. Grand Watermelon $1,000 treasury note valued at $3.3 million.
If you have a $2 bill that was minted and printed before 1976, it's likely worth more than its face value on the collectibles market. In some cases, it might be worth only $2.25. The highest value is $4,500 or more for uncirculated notes from 1890, although most of those bills range from $550 to $2,500.
Although a $100,000 bill featuring the portrait of Woodrow Wilson was issued, its purpose was to transfer funds between Federal Reserve Banks, and not to pass in retail transactions. Since 1969, the highest denomination note issued in the US has been the $100 bill.
Now That's What You Call Inflation. A rare US$10,000 bill from the Great Depression has sold at auction for US$480,000, as the star lot in an auction of currency and coins.
Was there ever a real $500 bill in circulation? Yes. The U.S. issued $500 bills beginning in the 18th century, with the most famous series printed between 1928 and 1945 featuring President William McKinley. Though discontinued in 1969, they remain legal tender but are rarely seen outside of collections.
The U.S. Treasury officially stopped issuing the $1,000 bill in 1969 as part of a broader effort to combat money laundering and other illicit activities.
ATMs are usually only able to dispense bills in denominations of $20. Whether you need smaller bills for your business or just need change, you can bring your cash to any of our ITMs and exchange them for smaller bills. Similarly, you're able to withdraw amounts from your account in many different common denominations.
Obverse Image: Portrait of James Madison. Reverse Image: Decorative border. 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.
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.
According to auction results, the most valuable one-dollar bill is an 1874 $1 United States Note. It sold in March 2024 for $26,400 through Stack's Bowers Galleries. This bill stands out not only for its rarity but also for its condition. Very few similar bills are so well-preserved.
The common misconception that the $2 note is no longer being produced also remains, though $2 notes have been printed since 1862, except for a 10-year hiatus between 1966 and 1976.
The British Pound: Over 1,200 Years Old The British pound, also known as the pound sterling, is the oldest currency still in use. It dates back to around 775 AD, during the Anglo-Saxon period, when silver pennies were first minted in what is now England.
