by Danny on May 13th, 2009

Danny

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I want to know whether this is true in 1934 did US Treasury issue a note of USD500,000.00 in denomination? ( A Single note )

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  • by IanAqua on May 13th, 2009

    IanAqua

    Yes... I saw the Simpsons episode too...

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  • by nutmegcollector on May 13th, 2009

    nutmegcollector

    No, the highest denomination was $100,000, used only between government agencies. The highest denomination in public circulation was $10,000.

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  • by GraduateStudent on May 13th, 2009

    GraduateStudent

    "The largest note ever printed by the Bureau of Engraving and Printing was the $100,000 Gold 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. "

    This is from the Federal Bureau of engraving and Printing
    http://www.moneyfactory.gov/document.cfm/18/106

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  • by Mr Fixit on May 13th, 2009

    Mr Fixit

    Not directly related, but the "Darwin Awards" have an "Honorable mention" section, and one of them is about a bloke being done for fraud for having a $16 dollar note and trying to pass it off.

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