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Replies: 17 / Views: 18,173 |
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Pillar of the Community
United States
588 Posts |
I've been told there is, but I only heard of 100,000 dollar bill.
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Member
United States
917 Posts |
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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Pillar of the Community
United States
2661 Posts |
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Pillar of the Community
United States
528 Posts |
There was a $100,000 bill used only between banks but never a $1,000,000.
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Bedrock of the Community
United States
12437 Posts |
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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Member
United States
917 Posts |
Perhaps a Californian will come along who has also seen the 1 mil banknote there.
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Moderator
 Australia
16806 Posts |
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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Pillar of the Community
United States
3098 Posts |
I'll top you with 100 trillion!   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.
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Bedrock of the Community
United States
10284 Posts |
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.  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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Pillar of the Community
United States
2520 Posts |
I'm curious, about how many Zincolns is the above note worth?
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Bedrock of the Community
United States
10284 Posts |
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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Pillar of the Community
United States
3098 Posts |
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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Pillar of the Community
Canada
1082 Posts |
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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Valued Member
United States
80 Posts |
Let's say that there were one made. What would you suppose some-one would pay for it?
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Moderator
 Australia
16806 Posts |
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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Valued Member
United States
80 Posts |
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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Replies: 17 / Views: 18,173 |