U.S. Banknotes > History of U.S. Banknotes > Larger Denominations

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U.S. Banknotes > History of U.S. Banknotes > Larger Denominations

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The Federal Reserve Board currently issues $1, $2, $5, $10, $20, $50, and $100 notes. 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. Although they were issued until 1969, they were last printed in 1945. The largest note ever printed by the Bureau of Engraving and Printing was the $100,000 certificate, Series 1934. These notes were printed from December 18, 1934 through January 9, 1935 and were issued by the Treasurer of the United States to Federal Reserve Banks only against an equal amount of gold bullion held by the Treasury. These notes were used for transactions between FRBs and were not circulated among the general public. To obtain a specific note or coin, we recommend you contact the institution you bank with to see if it will honor your request. Federal Reserve Banks provide currency only to depository institutions, which then distribute it to members of the public.

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