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Domination of us paper money

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The obverse of United States banknotes generally depict either historical figuresallegorical figures symbolizing significant concepts e. The reverse designs range from abstract scroll-work with ornate denomination identifiers to reproductions of historical art works. Thus the series notes were used only for intragovernmental i.

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The series gold certificate reverse was printed in black and green. See history of the United States dollar. Although they are still technically legal tender in the United States, high-denomination bills were last printed on December 27,and officially discontinued on July 14,by the Federal Reserve System[10] due to 'lack of use'.

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The Federal Reserve began taking high-denomination currency out Domination of us paper money circulation destroying large bills received by banks in Some are in museums in other parts of the world. For the most part, these bills were used by banks and the Federal government for large financial transactions.

This was especially true for gold certificates from to However, for the most part, the introduction of an electronic money system has made large-scale cash transactions obsolete.

When combined with concerns about counterfeiting and the use of cash in unlawful activities such as the illegal drug trade and money launderingit is unlikely that the U. According to the U.

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The purpose of the United States currency system is to serve the needs of the public and these denominations meet that goal. Neither the Department of the Treasury nor the Federal Reserve System has any plans to change the denominations in use today.

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Ridiculously high denomination bills are sometimes used in fiction, for example the trillion dollar bill possessed by Montgomery Burns in The Simpsons.

Using a combination of proofs and issued notes, a nearly complete type set of high-denomination currency was compiled.

Notably missing are several types of Compound and Interest Bearing Notes. Printed during the early to mids on very thin paper, these high-denomination notes are virtually non-existent. Their issuance —65 pre-dates the BEP's responsibility for U.

Currency sso it is fortunate that any proofs exist in the current archives. From Wikipedia, the free encyclopedia. This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. February Learn how and when to remove this template message. The display has since been dismantled and the bills sold to private collectors.

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Demand notesFederal Reserve bank notes large or small sizelegal tender small sizesilver certificates small sizeNational Bank Notes small size [15] The table sections are sorted by their appearance in the Friedberg reference book. None are reported, only four notes have not been redeemed. The bank returned the shipment intact. Column sorting is based on the individual depicted in the portrait.

Retrieved 21 October Archived from the original on June 25, Retrieved June 20, American History as Seen Through Currency: How much cash can a corrupt politician cram into a cereal box?

Retrieved July 24, As to "cereal boxes" as a repository for ill-gotten bribes compare " Little Tin Box " in the musical Fiorello! Retrieved 24 June United States currency and coinage.

Obsolete United States currency and coinage.

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Half cent — Fugio Cent Large cent —; Two-cent piece ; —73 Three-cent nickel —89 Three-cent silver —73 Half dime — Twenty-cent piece — Gold dollar —89 Quarter eagle — Three-dollar piece —89 Half eagle — Eagle — Double eagle — Half-union Two-cent billon Three-cent bronze Stella — Fractional currency Large denominations of currency.

Retrieved from " https: Paper money of the United States. Articles needing additional references from February All articles needing additional references Articles containing potentially dated statements from May All articles containing potentially dated statements Domination of us paper money category with local link different than on Wikidata Use mdy dates from November Views Read Edit View history.

In other projects Wikimedia Commons. This page was last edited on 21 Octoberat By using this site, you agree to the Terms of Use and Privacy Policy.

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Compound interest treasury note. National gold bank note.

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Baldwin [27] New Ironsides right James Smillie [28]. Unique variety and type [30]. Sherman-William William Tecumseh Sherman.

Unique variety 5 known type [39]. Hamilton-Alexander Alexander Hamilton G.

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Smillie [49] Eagle rev Marcus W. All notes have been redeemed, none outstanding [17]. Unique variety 5 known type [nb 17]. Unique variety 5 known type [nb 18]. Wilson-Woodrow Woodrow Wilson G. Smillie [49] Reverse Frederick Pauling [59]. Half cent — Fugio Cent Large cent —; Two-cent piece ; —73 Three-cent nickel —89 Three-cent silver —73 Half dime — Twenty-cent piece —78 Gold coins Gold dollar —89 Quarter eagle Domination of us paper money Three-dollar piece —89 Half eagle — Eagle — Double eagle — Half-union Discontinued denominations Fractional currency Large denominations of currency.

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The highest bill ever printed, however, was a $, note that was printed from December 18, to January 9, It was used for transactions between. 6 Famous Discontinued and Uncommon U.S. Currency Denominations has discontinued – or that are just plain rare.

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