View Full Version : legal tender- 10 000 $ bill?

15-11-2007, 12:40
while digging for a new foie gras recipe i suddenly found myself at that site.
( gooseliver is expensive, mabe that's why the connection?)
but my question is: are these bills legal tender or collectos items. and if yes, why do we never see any, at least 500 and 1000 $ would not be to bad here, where so much business is done on a cashbasis.

15-11-2007, 15:15
I believe the US does print $10,000 bills. But they are not in public circulation and used for bank to bank transfers and other such macroeconomics.

15-11-2007, 16:21
They haven't been printed since the 1960's, and they are no longer valid currency. If you happen to have one legally, bring it to the Treasury Department and they'll give you the face value (in smaller denominations, of course, and only after figuring out that both it and you are legit).

There was a $100,000 bill at some point as well. As I recall, both the $10k and the $100k were never intended for release to the public. In the days before wire transfers and checks, they were used for inter-department transfers of funds.