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Talk:Large denominations of United States currency - Wikipedia, the free encyclopedia

Talk:Large denominations of United States currency

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At Salmon P. Chase, there is a picture of a $10,000 bill. Can you copy it to this page?? User 66.245.114.181

Contents

[edit] Pre-Federal Reserve histories of large bills

For the denomination bills of $5 to $100, I added pre-Federal Reserve histories. But how about the $500 through $10,000?? It can be harder because this page would be about 4 times as large as the other pages. 66.245.86.115 14:52, 2 May 2004 (UTC)

[edit] Back of $10,000 bill

The back of the $10,000 bill doesn't appear to look like an ornamental design of $10,000. What kind of $10,000 bill is this?? 66.32.149.224 23:54, 9 May 2004 (UTC)

[edit] Large number names in English language

The number names in the English language starting with sextillion appear to be going the way of the large denomination bills in U.S. currency.

Today, U.S. currency has bills up to $100, and to get a large amount of money without using many bills, you would write a check. I (born in 1985) have never seen any of these bills except in pictures.

Similarly, quintillion is the largest number name in the English language that will be able to survive with the popularity of scientific notation that is more common. Thus, to someone born in 2045, the large number names in the English language could equally have just about the same meaning the large bills have to me.

An important note is that when the pages for the bill denominations were created, the $5 to $100 bills were put each on separate articles, one per denomination, these larger denomination bills were all put on one article.

Thus, if Wikipedia is still alive in 2064 (I know that's a long time from now, so it's really impossible to find out what Wikipedia will be like) do you think it will make similar sense for all number names up to quintillion to have articles of their own and for the larger names to be at an article titled Large number names in the English language?? 66.32.95.180 00:22, 27 May 2004 (UTC)

[edit] 1969

Where did 1969 come from?? I always thought it was 1946 for all the bills. 66.245.110.24 13:45, 10 Jun 2004 (UTC)

1946 is when the government stopped printing the large bills. 1969 is when it actually started withdrawing these bills from circulation. Funnyhat 22:44, 22 Apr 2005 (UTC)

[edit] Billion dollar bill

Given that U.S. currency is well known internationally, it certainly is a good thing that the denominations don't go as high as a billion. Suppose there really was a billion dollar bill from the United States that got used internationally a lot. What would people say, given that "billion" means something different to them from what it does in the United States?? 66.245.121.84 17:07, 20 Jun 2004 (UTC)

Ah, I don't think it'd get used much. Too hard to make change for it ; ). Funnyhat 22:47, 22 Apr 2005 (UTC)
Besides, in such a hypothetical case, you'd have the number 1,000,000,000 printed along with the words "One Billion Dollars" Nik42 09:30, 6 November 2005 (UTC)

[edit] Uh oh!

It appears that some information was dropped; namely who was on the $1000 bill during the time of the large-sized notes. Is there any way this can be added back in?? Also, all the articles of today's bills have a complete history; can anyone add the complete history of the larger bills?? Don't forget to use http://www.currencygallery.org as a reference tool. 66.245.14.250 00:29, 23 Jun 2004 (UTC)

[edit] So then..

If, conceivably, I DID have a $1000 bill, could i cash it in at a bank? Or are they like confederate money, worthless except to collectors? Rhymeless 22:08, 22 Aug 2004 (UTC)

Yes, you can cash it in. They're still legal tender, but they've been on "permanent recall" since 1969, meaning whenever one comes across the window at a bank, the bank is supposed to send it in to the local branch of the Federal Reserve for redemption and shredding.

--clawson

But how was this recall act in 1969 supposed to combat crime? Presumably it caused some inconvenience to criminals who were forced to carry larger stacks of bills for their illicit transactions - but if the banks are still accepting the old bills, there is still plenty of opportunity to forge them? Also, if they are "legal tender", does that mean I'm personally obliged to accept one, if a friend owes me $1,000 and offers me a $1,000 bill in payment? I wouldn't have a clue how to verify that the note was genuine. Mtford 02:23, 7 September 2006 (UTC)

[edit] Gold illegal?

"the gold standard was repealed and gold was made illegal to own"

Um, what? It's illegal to own gold in the United States? No it's not. What is this sentence meant to be about? Rory 20:54, Sep 25, 2004 (UTC)

no, but it was from 1933 to 1975 when the ownership of bullion was re-legalized.

see http://www.austincoins.com/confiscation.htm for a discussion. Rick Boatright 00:42, 27 Sep 2004 (UTC)

Does that include gold jewellery and such, or was it just those big bricks you see in Goldfinger? Rory 08:12, Sep 27, 2004 (UTC)

[edit] Currency

How was it determined who face went on which bill?

[edit] big bills in movies

in movies there are often large sheets of paper with currency-looking markings and worth thousands of dollars each, like 8.5x11-size bills. are these real? they should be covered if so. the only specific movie i can think of is Panic Room. - Omegatron 01:55, Dec 19, 2004 (UTC)

oh. "The two are after $22 million in bank bonds, which is stored inside the panic room."

[edit] Bummer

Anyone else think it's a bummer that it's illegal to own the $100,000 bill? I saw it and thought "If I become really rich, or win the lottery, I'm getting a $100,000 bill." I'd probably buy two. I'd keep one at home in a case, and the other in a wallet. I'd show the latter to people to impress them. That'd be so freakin' rocking. Stupid government.

    --PirateMonkey

[edit] Beaten?

What's with the last paragraph. The woman was arrested and beaten? Say what?

[edit] Uncle Sam $1,000,000

I'm going to add a little part about this. Cameron Nedland 03:34, 5 February 2006 (UTC)

[edit] Who's that man??

Who's the man on the picture of the million dollar bill at the bottom of this article?? Georgia guy 16:58, 24 February 2006 (UTC)

[edit] $1,000,000,000

Someone can add this to the article. You got change for a Grover Cleveland, pal? Don't have the time to add it myself. David Bergan 23:27, 15 March 2006 (UTC)

[edit] All US Currency is "in use"

I understood that US currency never expires, thus all bills could (in theory) still be used for face value. However, most old bills are move valuable as collectors items and would never actually be used as currency. This does explain why we now have THREE different "modern" $50, $20 and $10 bills and TWO different "modern" $100, and $5 bills still in circulation.

mnw2000

This seems to make the addition of new security features rather pointless. Why would a forger waste time trying to counterfeit a "new" $10, $20 or $50 bill, when an "old" one will always remain legal tender? Mtford 02:23, 7 September 2006 (UTC)

[edit] Benny Binion

If there are 300 $10,000 bills surviving, how can the survival of "most" of them be due to Benny Binion's conservation of 100 of them? Schoen 06:02, 5 May 2006 (UTC)

Maybe it's referencing the "known" population of Federal Reserve Notes (which were the notes held by Binion) rather than other denominations from series like Gold Certificate and other series.--293.xx.xxx.xx 22:26, 17 May 2006 (UTC)

[edit] Propose to add gallery

The article as is looks extremely cluttered. Propose to dump most of the pictures into a gallery format. --293.xx.xxx.xx 22:27, 17 May 2006 (UTC)

[edit] Ray Comfort and the million dollar bill

Some intrepid editor may want to take note of the Secret Service seizure of the Ray Comfort million dollar bill tract. More info here:

[1]

[2]

Done and done. As a member of GNN, I've got somewhat of an inside track. It's slowly being picked up by the news media, and Darrel Rundus has said he'll be interviewed on television about the incident. MessengerAtLWU (talk | contribs) 21:10, 3 June 2006 (UTC)

[edit] More Government Spin

Once again the U.S. Government engages is disingenuous spin for the sake of getting and keeping a story in the news rotation on various outlets. There's a word for this tactic: 'propoganda.'

The Secret Service and other agencies have issued numerous press releases concerning 'counterfeit' $1,000,000.00 & $1,000,000,000.00 (1 million and 1 billion dollar) banknotes. In order for something to be 'counterfeit' there must have been a 'genuine' rendition of the allegedly 'counterfeited' item. The U.S. Government has NEVER issued a bank note in a denomination higher than $100,000.00. No bank note of a denomination higher than $10,000.00 has ever been in general circulation. Nothing higher than a $100.00 bank note has officially been in circulation since 1969.

These ultra-high denomination notes are just plain bogus, as are the $200.00 bills with George W. Bush on them. The government deliberately mischaracterizes these as 'counterfeit' in an effort to set off alarm bells in newsrooms across the country. If it's a major 'counterfeiting' operation, that's newsworthy. If it's just some jerk printing pipedreams in their basement, that's silly and might get the close-out slot as the "Ha, Ha, Ha! Isn't that ridiculous!" piece to close the broadcast on a light note. Despite using the word 'counterfeit' in various forms and parts of speech hundreds of times, the Government has not actually charged one person involved with these high-denomination fake banknotes with counterfeiting. Why? Because the DoJ knows that those charges won't stick and would likely get laughed out of federal court by the judge or that even a marginally competent defense attorney would make the US Attorney(s) prosecuting the case look like morons.

As for the people who try to pass the fake (they are fake, not counterfeit) $200.00 bills, yes they are committing a crime called 'fraud', for which they should be prosecuted. However, if a retail employee accepts one of these fakes, makes change for it, and the scam artist goes on their merry way, both the employee and their employer get what they deserve. The employee, for being utterly stupid and the employer for providing wholly inadequate training to employees that are to be entrusted with handing the employer's revenue.

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