True Story Behind The $100,000 Bill

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Author	Replies: 9 / Views: 2,151
RoyalSilver Pillar of the Community Canada 933 Posts	Posted 01/11/2013 1:20 pm http://finance.yahoo.com/news/the-t....html?page=1 Pretty cool, wish Canada had one of these :P Edited by RoyalSilver 01/11/2013 1:21 pm Report this Post to the Staff

noahs-numismatics Pillar of the Community Canada 3167 Posts	Posted 01/11/2013 7:27 pm Interesting, thanks! Report this Post to the Staff
Voshus007 Valued Member United States 442 Posts	Posted 01/11/2013 7:42 pm Wow very cool Report this Post to the Staff
tzarmarko Pillar of the Community 614 Posts	Posted 01/11/2013 8:31 pm I saw one of these at the NYC Financial Museum. It was so cool! Report this Post to the Staff
huckles888 Valued Member Australia 146 Posts	Posted 01/12/2013 06:42 am interesting story - thanks for sharing Report this Post to the Staff
wettld2 Valued Member Canada 269 Posts	Posted 02/22/2013 11:45 pm Thanks a lot for the info! Report this Post to the Staff
Fox Pillar of the Community 708 Posts	Posted 02/23/2013 02:08 am One thing I never got about the $100,000 bill, was that, that bill still had "Legal Tender (In Gold, I believe) For All Debts Public And Private" Now, if these notes were never issued for the general public, why would it say Legal Tender In Gold For All Debts "Public AND "especially" Private"? as I thought that these notes were never intended for neither the public, nor the private sector of the people. Was it just law that the $100,000 bill "had" to have that wording on it? Also, aren't ALL "Orangebacks" illegal to own, be it a $100, a $1,000 or a $100,000 bill? I do know that these are Gold Certificates, and I know that, at least the $100,000 GC is illegal to own, and I had always heard that, if one were ever to go up for auction on the Black Market, the bidding would likely start at one million dollars. (The only "Orangebacks we can legally use now, I believe, are our "current $10 bills") LoL! Report this Post to the Staff
GoldenChest Pillar of the Community United States 814 Posts	Posted 02/24/2013 03:20 am I thought it was only the $100,000, $10,000, and $5,000 1934 and 1928 Gold certificates that were illegal. The were illegal because they never were cirulated to the public, therefore never leaving the federal reserves possesion. Any authentic example would be considered stolen. I swear I just saw a $10 gold cert at auction witb an orange back. It was PMG graded. It was a large note tho. Edited by GoldenChest 02/24/2013 03:32 am Report this Post to the Staff
Broken-Coin Pillar of the Community United States 1812 Posts	Posted 02/24/2013 08:49 am I would like to take this time to thank my late grandparents for not listening to President Roosevelt when he ordered them and other Americans to surrender any gold coins and gold certificates they held to the government. Below is one of two gold certificates they owned that will be passed down to my grandchildren (their great-great-grandchildren). [photo from my grandparents currency album] Report this Post to the Staff
Woodford Valued Member United States 207 Posts	Posted 02/24/2013 11:19 pm Broken-Coin, that's a beautiful specimen of the 1928 $10 G.C. Really amazing that it has been in your family all these years. Your grandchildren will hopefully become the next generation of currency collectors. Report this Post to the Staff
	Replies: 9 / Views: 2,151

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