High denomination United States currency namely $500, $1000, $5,000, $10,000 and $100,000 bills, were last printed by the Federal Reserve System on December 27, 1945 and officially discontinued in July of 1969 due to the public’s lack of interest. In other words, the public no longer felt they needed or wanted bills larger than a $100. The threat of counterfeiting was also a significant, ongoing concern of the public. Many of the surviving notes, depending on the series and condition, can be quite valuable and are highly sought after by collectors. Although these bills have been discontinued, they continue to serve as legal tender. But beware - in many cases these banknotes are worth considerably more than just their face value especially if they are uncirculated and/or Star Note bills. So, if you have any high denomination U.S. currency, check with experts before simply spending them. So, what images were on these large denomination bills?
$500 (1928) - William McKinley
$1,000 (1934) - Grover Cleveland
$5,000 (1928) - James Madison
$10,000 (1934) - Salmon P. Chase
$100,000 (1934) - Woodrow Wilson
DJR Authentication is one of the nation's premier appraisers, authenticators, and buyers of jewelry, coins, collectibles, art, sports memorabilia, and other fine goods, located in Mt Pleasant, South Carolina.