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banderasauthorThe Largest United States Currency Bill in Circulation
The United States dollar is the currency used in the United States, and it is divided into notes and coins. The dollar bill is the most common form of cash used in daily transactions, and it comes in various denominations, from $1 to $1,000. But which is the largest US currency bill in circulation?
The largest US currency bill in circulation is the $100,000 note. This is a large-size note, also known as a Federal Reserve Note, issued by the Federal Reserve System. It has a size of 7.75 x 3.375 inches and is printed on highly security paper with a watermark and security thread.
History of the $100,000 Note
The $100,000 note was first issued by the United States Treasury Department in 1917. It was intended to be used primarily for large transactions, such as international payments or commercial transactions. However, due to the Great Depression, the note became less common and was eventually phased out in 1946.
Despite its short history, the $100,000 note holds a special place in currency history. It was the largest denomination note issued by the United States until 1946, when the Federal Reserve Note was introduced.
Features of the $100,000 Note
The $100,000 note has several features that make it unique and highly secure. These include:
1. Watermark: The note has a watermark of the number "100,000" in the bottom left corner of the note.
2. Security Thread: The note has a security thread printed with the number "100,000" that changes color when rotated.
3. Security Ink: The number "100,000" is printed in blue ink on the note, and it changes color under ultraviolet light.
4. Front and Back Designs: The note has a unique front and back design, including symbols and images related to the value of the note.
5. Signatures: The note has the signature of the Secretary of the Treasury and the Comptroller of the Currency.
6. Issuing Bank: The note has the name of the issuing bank printed on the bottom right corner of the note.
The $100,000 note may no longer be in circulation, but its history and features make it an interesting piece of currency history. As the largest denomination note issued by the United States, it serves as a reminder of the size of the financial transactions that took place during the Great Depression. The $100,000 note is a fascinating piece of currency that continues to captivate currency collectors and historians.