1000 Dollar Bill

the 100,000 note featuring Woodrow Wilson was on display for many years at the Smithsonian. You would have to have your head examined to consider taking your $1000 bill to the bank for any other purpose other than to put in your safe deposit box. Whether it is still legal tender or not should be immaterial-----------it is a collectable pure and simple. Looking at it any other way in 2010 seems kind of crazy.

I don't know what a teller would do if a $1000 bill was turned in. We all assume that because they work in a bank that they know all about money. But I bet that if you asked the average teller what the highest denomination bill is, you would get the answer $100 and although they handle it every day, I would also bet that only half of them would know whose portrait was on the front and only a quarter of them would know what is on the back of either the $50 or $100 bill. Most people don't even know that there ever was a $500 or thousand dollar bill and even fewer know that there was ever a 5000, 10,000 or 100000 bill.

I wouldn't be so sure about these tellers' intelligence. Just yesterday, I showed a teller (at a bank I don't often hit) a Blue Seal single, and asked if they had any. The manager interjected that they were taken out of circulation, and that they send them to the Treasury to be destroyed. I asked him, don't you save them? He shook his head.

What idiots! I don't care if it was just hypothetical, and he's never seen one. You just don't send them in to the Treasury! At least give them back out as change!