1000 thousand dollar bill

Christopher Columbus seated in his study at left. The U. Treasury issued this 1, dollar note around

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1000 thousand dollar bill

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Learning Guide.

A grand, one large, a stack, one g, whatever you call it, one thousand dollars is a good amount of cash, and the thousand dollar bill has been printed since the earliest days of American currency. Thousand dollar bills are the stuff of folklore. Bank robbers in the 19 th century dreamt of them, drug kingpins in the 20 th century coveted them, only rich guys ever owned them. What is their history? The notes depicted a signer of the Declaration of Independence. Robert Morris graced the first dollar bill ever printed.

What's the story behind the large-denomination bills that the government used to issue? In , the federal government overhauled its system of printing banknotes. However, the Treasury also issued larger denominations. His name might not be as familiar as those of the presidents featured on the other big bills, but once upon a time Chase was a big wheel in American politics. Chase, a midth century politician, served as Chief Justice of the United States, spent stints as Ohio's governor and senator, and was Lincoln's first Secretary of the Treasury. He was in the right place at the right time. When the federal government started issuing greenback notes in , Chase, as Secretary of the Treasury, was in charge of designing and popularizing the new currency. Believe it or not, it wasn't just to save space in fat cats' wallets.

1000 thousand dollar bill

Disclaimer : This post may contain affiliate links. If you click on a link, we may earn a small commission at no cost to you. This means that they are far more valuable than their face value. The Continental Congress, which was the body of delegates representing the 13 colonies, began issuing U. In fact, they were eventually considered worthless. With that said, some were conserved and are still in existence to this day. Fast forward to , the U.

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If you would like to know how you can use content on this page, see the Smithsonian's Terms of Use. While we strive to provide a wide range of offers, Bankrate does not include information about every financial or credit product or service. The U. Does the autoplay feature on streaming services cost you money? I've Always Wondered You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy. Investopedia does not include all offers available in the marketplace. These Gold Certificate notes look exactly like the Federal Reserve Series notes, except for a gold seal and the clause that the notes are redeemable for gold coins. We follow strict guidelines to ensure that our editorial content is not influenced by advertisers. The center of the note features an inset portrait of DeWitt Clinton — , who during his career served as mayor of New York City, governor of New York, and New York state senator. The back of this note portrays an impressive American bald eagle design.

Here we examine its history, the different series, and what the current values are. Alexander Hamilton was also featured on several different series. The dollar bill has a long history dating back hundreds of years.

Treasury issued this 1, dollar note around Our mission is to provide readers with accurate and unbiased information, and we have editorial standards in place to ensure that happens. Over time, the government may choose to take certain money out of circulation for various reasons. The bill was graced with a portrait of James Madison. The series saw a great deal of use and surviving specimens are more expensive than the dated versions. Silver certificates were a type of United States currency that was printed from the s until When someone presumably realized that it might be confusing to have the same former Secretary of the Treasury on multiple denominations, Hamilton's portrait was replaced with that of a president—the 22nd and 24th, Grover Cleveland. Bank robbers in the 19 th century dreamt of them, drug kingpins in the 20 th century coveted them, only rich guys ever owned them. The reverse side features a reproduction of one of the most famous paintings in American history, "Declaration of Independence" by John Trumbull. These Gold Certificate notes look exactly like the Federal Reserve Series notes, except for a gold seal and the clause that the notes are redeemable for gold coins. Salmon P. History of the Dollar Bill. Banking U. These days, most of these increasingly rare bills are owned by collectors. While you might not see them often, they still exist, largely as collectibles.