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$10,000
Large denominations of United States currency greater than were circulated by the United States Treasury until 1969. Since then, U.S. dollar banknotes have only been issued in seven denominations: $1, $2, $5, $10, $20, $50, and $100. Overview and history Large-denomination currency (i.e., banknotes with a face value of or higher) had been used in the United States since the late 18th century. The first note was issued by North Carolina, authorized by legislation dated May 10, 1780. Virginia quickly followed suit and authorized the printing of and notes on October 16, 1780 and notes on May 7, 1781. High-denomination treasury notes were issued, for example during the War of 1812 ($1,000 notes authorized by an act dated June 30, 1812). During the American Civil War Confederate currency included and notes. The earliest (1861) federal banknotes included high-denomination notes such as three-year interest-bearing notes of , , and , authorized by Congress on July 17, 18 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gold Certificate
Gold certificates were issued by the United States Treasury as a form of representative money from 1865 to 1933. While the United States observed a gold standard, the certificates offered a more convenient way to pay in gold than the use of coins. General public ownership of gold certificates was outlawed in 1933 and since then they have been available only to the Federal Reserve Banks, with book-entry certificates replacing the paper form. Overview Gold certificates were first authorized under the Legal Tender Act of 1863, but unlike the United States Notes also authorized, they apparently were not printed until 1865. The need for them arose from the limitations of the United States Notes. To promote the flow of gold into the Treasury and maintain the credit of the government, the notes could not be used to pay customs duties or interest on the federal debt. Gold certificates, representing coins held physically in the Treasury, were instead provided for those purposes. The notes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
