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Is There A 1 Million Dollar Bill?

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Pillar of the Community

United States
588 Posts
 Posted 07/29/2009  4:24 pm Show Profile   Bookmark this topic Add Podoprigora to your friends list Get a Link to this Message Number of Subscribers
I've been told there is, but I only heard of 100,000 dollar bill.
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wetglaswegian's Avatar
United States
917 Posts
 Posted 07/29/2009  4:27 pm  Show Profile   Bookmark this reply Add wetglaswegian to your friends list Get a Link to this Reply
I believe there is , I've seen one in the State capitol building in California.That wasnt yesterday so I dont know what public access is like today.
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Tim Stroud's Avatar
United States
2661 Posts
 Posted 07/29/2009  4:32 pm  Show Profile   Bookmark this reply Add Tim Stroud to your friends list Get a Link to this Reply
I do not know for sure but here is a link to some novelty bills if you want some.

https://www.apmex.com/Product/11697..._gifts_.aspx
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Napoleon31ft's Avatar
United States
528 Posts
 Posted 07/29/2009  5:01 pm  Show Profile   Bookmark this reply Add Napoleon31ft to your friends list Get a Link to this Reply
There was a $100,000 bill used only between banks but never a $1,000,000.
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biokemist6's Avatar
United States
12437 Posts
 Posted 07/29/2009  5:26 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
A $1,000,000 bill denominated in US Dollars does not exist, although there have been many novelty variations produced. The largest denomination was the $100,000 bill which was used for transactions between Federal Reserve banks, few still exist and none have ever been in private hands.
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wetglaswegian's Avatar
United States
917 Posts
 Posted 07/29/2009  5:31 pm  Show Profile   Bookmark this reply Add wetglaswegian to your friends list Get a Link to this Reply
Perhaps a Californian will come along who has also seen the 1 mil banknote there.
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Sap's Avatar
Australia
16806 Posts
 Posted 07/29/2009  6:50 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
As far as I've been told, there were million pound banknotes in Britain, but never million dollar notes in the US.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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wd1040's Avatar
United States
3098 Posts
 Posted 07/29/2009  7:59 pm  Show Profile   Bookmark this reply Add wd1040 to your friends list Get a Link to this Reply
I'll top you with 100 trillion!

Is-There-A-1-Million-Dollar-Bill?

And there are 1 million and 100 million sterling notes, but those look just like white fivers with no pictures. They are kept usually by the Scottish and N. Irish banks to back up their own sterling notes.
Bedrock of the Community
United States
10284 Posts
 Posted 07/29/2009  8:22 pm  Show Profile   Bookmark this reply Add TNG to your friends list Get a Link to this Reply
I got something here I was handed recently. It has Grover Cleveland on the front and I think it is a religious tract handout. Not a bad looking novelty bill.


Is-There-A-1-Million-Dollar-Bill?

The very next day, I had the opportunity to handle a counterfeit $20.00 that was very well made as far as color and printing goes, it just felt a little thin and lighter and did not have a watermark or metallic strip. It had a lot of 9's in the serial number.
Edited by TNG
07/29/2009 8:28 pm
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ratman4762's Avatar
United States
2520 Posts
 Posted 07/29/2009  8:22 pm  Show Profile   Bookmark this reply Add ratman4762 to your friends list Get a Link to this Reply
I'm curious, about how many Zincolns is the above note worth?
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United States
10284 Posts
 Posted 07/29/2009  8:47 pm  Show Profile   Bookmark this reply Add TNG to your friends list Get a Link to this Reply
maybe a roll of circulated, but I kinda like it. Goes with my G. W. Bush $3.00 bill pretty well.
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wd1040's Avatar
United States
3098 Posts
 Posted 07/29/2009  8:56 pm  Show Profile   Bookmark this reply Add wd1040 to your friends list Get a Link to this Reply
Hey wheezy, I have the same note but with a different (and fatter) Cleveland. I'd find it, only if I know what book I put it in...

Interestingly enough, some woman tried to pass this one off! This has to be one of the best looking (aka, most imitative) fake I've ever seen.

Also, the same ministry has a $10 color scheme $~~ trillion note. I'll see if google has one.
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WpgLwr's Avatar
Canada
1082 Posts
 Posted 07/30/2009  11:28 am  Show Profile   Bookmark this reply Add WpgLwr to your friends list Get a Link to this Reply
Why Cleveland, though? Other than the fact that he was President twice and had a vulcanized rubber jaw, what else did he do?
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richardschornak's Avatar
United States
80 Posts
 Posted 07/30/2009  3:12 pm  Show Profile   Bookmark this reply Add richardschornak to your friends list Get a Link to this Reply
Let's say that there were one made. What would you suppose
some-one would pay for it?
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Sap's Avatar
Australia
16806 Posts
 Posted 07/31/2009  06:47 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
That would depend entirely what they were made for. If they were for "circulation" and they printed more than enough to meet demand, and anyone with a cool million dollars in their bank account could pop down to their local bank branch and withdraw one, then I doubt they would be worth much more than face value.

If they were made purely as internal devices for use within and between banks, and never issued to the general public no matter who you were or how nicely you asked (as is the case with the English notes), then any that did manage to escape the system would be worth considerably more than face value.

Certainly, given enough time, and if you assume America will never reform it's currency, then, as with Zimbabwe, million dollar US notes will indeed be printed one day. But banknotes themselves may well become obsolete by then.

While the dollar is still worth something like what it is now, and while anti-counterfeiting technology is still as primitive as it is now, no banknote worth anywhere near that much is going to be issued for general circulation. The highest face value circulating banknotes in the world today are the $10,000 notes issued by Singapore and Brunei; these are worth almost US$7,000 face value at the moment, and use all of the most advanced anti-counterfeiting tricks that they can jam into a little piece of polymer (neither of these countries use paper in their banknotes anymore).
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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richardschornak's Avatar
United States
80 Posts
 Posted 07/31/2009  09:55 am  Show Profile   Bookmark this reply Add richardschornak to your friends list Get a Link to this Reply
Using your 1st thought pattern. Circulated for general use: How many people would be able to utilize that bill for payment. Bill Gates?
So then the printing would be low.
Printed for government debt, This would place the printing high enough
that if one would to acquire such a bill, that it would be valued
higher than the face value. Of course the Federal government would
be the winner as it's cost to print such a large bill is no different
than that of a $1.00 BILL
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