2410 1928 $5,000 Gold Certificate with signatures of Woods-Mellon and Fr. 2413 1934 $100,000 Dollar Bill - Gold Certificate - Signatures of Julian-Morgenthau - NONE are outstanding 2413 1934 $100,000 Dollar Bill - Gold Certificate - Signatures of Julian-Morgenthau - NONE are outstandingīack: Fr. That’s where this picture comes from:įront: Fr. A handful of non-canceled single notes do exist in numismatic museums, most notably the paper money collection of the Federal Reserve Bank of San Francisco. This display can sometimes be viewed at major paper money shows. The government kept a few sheets of these notes in specimen form that are all punch canceled. Possession of an authentic note would be considered ILLEGAL.
ALL notes have since be accounted for and NONE remain outstanding. Friedberg, only 42,000 1934 $100,000 notes were printed in total. According to Paper Money of the United States by Arthur L. These notes were NEVER circulated publicly. If you’re moving $50,000,000 in cash from the Federal Reserve Bank of Boston to the Federal Reserve Bank of New York, it’s much easier to move 500 $100,000 notes opposed to using a smaller denomination with the potential for counting errors or theft. Using a $100,000 denomination made sense because counting out $1,000 or even $10,000 notes for cash transactions reaching into the millions of dollars would be tedious and inefficient. Remember, this note was produced long before electronic banking began. (*This information paraphrased from ’s page on the $100,000 Gold Certificate – Click Here) Instead, they were used to settle large cash transactions between Federal Reserve Banks and other government fiscal channels. These notes were NEVER issued for public circulation. To be historically accurate, yes the United States Bureau of Engraving and Printing DID produce a $100,000 Gold Certificate, the highest denomination in the history of the United States. A $100,000 bill? Who could own such a high denomination, especially circa the World War 2 era? What banks offered these notes? Is my example genuine? 2413 1934 $100,000 Gold Certificate with signatures of Julian-Morgenthau is naturally a curiosity for both the collecting and non-collecting public. Frequently Asked Question: I believe I own a 1934 $100,000 Dollar Bill.
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