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

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[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] 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)


According to the website referenced, in the article, the large denominations were cancelled due to lack of use and not because of an executive order issued by Nixon to fight organized crime. Additionally there is no record of Richard Nixon ever issuing an executive order concerning either the Federal Reserve or organized crime at the National Archives for the year 1969. http://www.archives.gov/federal-register/executive-orders/1969-nixon.html --Beowulf1978 23:12, 9 November 2007 (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)

Legal tender and an obligation to accept any currency are two different things, you can not force any business or person to accept cash as payment (like a 100$ at a toll both), you can force the government to accept it (such as paying a tax).

[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] 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] 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)

This is because counterfeiting large numbers of out of date currency would be immediately suspect due to the their new appearance, sequential serial numbers and the sheer unlikelihood of anyone accepting large numbers of them. --Beowulf1978 23:13, 9 November 2007 (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:

http://worldnetdaily.com/news/article.asp?ARTICLE_ID=50495

http://www.worldviewweekend.com/secure/cwnetwork/article.php?&ArticleID=770

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] Grand Watermelon

This article needs a section regarding the "Grand Watermelon", which in time should probably be split off into a separate page. See this article Collector Pays $2.3M for $1,000 Bill for brief details of the grand watermelons. —The preceding unsigned comment was added by 72.240.211.151 (talk) 00:21, 17 December 2006 (UTC).

Good image in that article. As noted here it's press released by the Auction house. -- Kendrick7talk 15:00, 18 December 2006 (UTC)

[edit] legal or illegal to own the orange bills?

Somebody please confirm whether this edit, saying that since 1964 there have been no restrictions on acquiring or holding the Gold Certificates, is accurate. --Mathew5000 11:36, 8 September 2007 (UTC)

The edit is correct. Although most gold certificates are legal to own, the 1934 series certificates (the ones mentioned with the orange reverses) are illegal to own because they were never released to the public and only used for intra-governmental transfers.-MBK004 16:36, 8 September 2007 (UTC)
Two items at issue here. The gold certificates (including the gold-backs) ARE legal to own, and even to trade (as in use to purchase) IF they have been declared at customs INBOUND to the United States. At the time of use or ownership questioning the holder must provide that customs' declaration. I struck the line, temporally, about all know items being in museums. Harris and NCS (now defunct) have both auctioned off privately held specimens over the past few years. Declarations of import (and reasoning that they were purchased or traded-for in foreign countries) were provided. Unless the author can provide referenced proof that they are now, as of this date, all in museums, the line should probably be removed. Lostinlodos 20:57, 15 October 2007 (UTC)