In what year did the US Treasury Stop making $500 $1000 $5000 $10000 and $100000 dollar bills available to the public?

1969
Although they are still legal tender in the United States, high-denomination bills were last printed on December 27, 1945, and were officially discontinued on July 14, 1969, by the Federal Reserve System due to ‘lack of use’. The $5,000 and $10,000 bills had effectively disappeared well before then.

Why did we stop using $10000 bills?

On July 14, 1969, the Department of the Treasury and the Federal Reserve System announced that currency notes in denominations of $500, $1,000, $5,000, and $10,000 would be discontinued immediately due to lack of use.

Who was on the front of the once circulated US $10000 bill?

Salmon P. Chase
The $10,000 bill featuring the portrait of President Lincoln’s Secretary of the Treasury, Salmon P. Chase, was the highest denomination US currency ever to publicly circulate.

Who was on the $500 bill when it was in circulation?

William McKinley
$500 Bill – William McKinley President William McKinley’s face appears on the $500 bill, which is no longer in circulation. The $500 bill dates to 1918 when ​Chief Justice John Marshall’s face initially appeared on the denomination. The Fed and Treasury discontinued the $500 bill in 1969 for lack of use.

Do 500 dollar bills exist?

Like all the bills featured here, the $500 bill remains legal tender. Most $500 notes in circulation today are in the hands of dealers and collectors. Although no longer in circulation, the $500 bill remains legal tender.

Who is on the 500 and 1000 dollar bills?

President Cleveland on the $1000 Note. President McKinley on the $500 Note.

When did they stop printing large dollar bills?

After the last printing of those denominations in 1945, the Treasury Department and the Fed discontinued them in 1969. The use of large bills has decreased dramatically and they’ve been greater targets for counterfeits versus smaller denominations.

Is the $500 bill still in circulation?

The last $500 bill rolled off the presses in 1945, and it was formally discontinued 24 years later in 1969. 4  Like all the bills featured here, the $500 bill remains legal tender. Most $500 notes in circulation today are in the hands of dealers and collectors.

What does the 10 000 dollar bill say on the back?

The back of the bill shows the embarkation of the Pilgrims, as they sailed for freedom in North America. Like the previous $10,000 bill, these bills produced in 1928 and 1934 also bear the likeness of Salmon P. Chase on the front. However, the back of the bill simply says, “The United States of America – Ten Thousand Dollars – 10,000.”

Which US presidents are on the dollar bills?

Alexander Hamilton (1918 Blue Seal) and Grover Cleveland (1928 Green Seal) are on the $1,000 bill. James Madison is on the $5,000 bill. Salmon P. Chase (Secretary of the Treasury from 1861 – 1864) is on the $10,000 bill. Woodrow Wilson is on the $100,000 gold certificate, which was never put into circulation.