Sunday, February 7, 2016

WHAT'S IN YOUR WALLET?

The highest denomination bill ever printed in the United States was $100,000.  It was issued only in 1934 and had a buying power equal to about $1,800,000 in today's inflated money. Much to the relief of toll both attendants, it was to be used only in transactions between federal reserve banks and was not released to the general public.

The back of the bill was orange, not green, because it was a gold certificate.  FDR abolished gold certificates later in 1934, so these bills did not have much of a printing run.
National Numismatic Collection, National Museum of American History
 [Public domain or CC BY-SA 4.0
(http://creativecommons.org/licenses/by-sa/4.0)],
via Wikimedia Commons

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