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Is there a $500 bill?

$500 Bill. The Treasury minted several versions of the $500 bill, featuring a portrait of President William McKinley on the front. The last $500 bill rolled off the presses in 1945, and was formally discontinued 24 years later in 1969. Like all the bills featured here, the $500 bill remains legal tender.

Can you get a $500 bill from the bank?

Though the $500 dollar bill is still considered legal tender, you won't get one at the bank. In 1969, the Federal Reserve officially discontinued high-denomination bills. ... Whenever a bank receives one of those bills, they're instructed to send it in for destruction.

Can you get a 500 dollar bill from the bank?

Though the $500 dollar bill is still considered legal tender, you won't get one at the bank. In 1969, the Federal Reserve officially discontinued high-denomination bills. ... Whenever a bank receives one of those bills, they're instructed to send it in for destruction.

Can you get $1000 bill from the bank?

No. While these bills do exist and are still legal tender (meaning a bank would accept the bill for a $1000 deposit), banks take out of circulation currency and forward it to the Federal Reserve for recycling.

How much is a $500 US bill worth?

These bills can be worth anywhere between $600 to over $1,500 apiece with an average worth of about a 40% premium to the bill's face value. However, some $500 bills can be worth much more. The most valuable is a $500 bill that was issued in 1928 and has a star symbol at the end of the note's eight digit serial number.

Who is on the $500 bill?

$500 Bill — William McKinley President William McKinley's face appears on the $500 bill, which is no longer in circulation. The $500 bill dates to 1918 when Chief Justice John Marshall's face initially appeared on the denomination. The Fed and Treasury discontinued the $500 bill in 1969 for lack of use.

How much is a $500 bill worth?

These bills can be worth anywhere between $600 to over $1,500 apiece with an average worth of about a 40% premium to the bill's face value. However, some $500 bills can be worth much more. The most valuable is a $500 bill that was issued in 1928 and has a star symbol at the end of the note's eight digit serial number.

How much is a $10000 bill worth?

The bill is a true collector's item, and those collectors are willing to pay dearly for the few remaining $10,000 bills still in circulation. In some cases, a pristine $10,000 bill can be worth upwards of $140,000 on the open market. Meanwhile, bills in poor condition can still fetch $30,000.

When was the last $500 bill printed?

Although they are still legal tender in the United States, high-denomination bills were last printed on December 27, 1945, and officially discontinued on July 14, 1969, by the Federal Reserve System, due to 'lack of use'. The $5,000 and $10,000 effectively disappeared well before then.

Is the $500 bill still in circulation?

High-denomination bills, which include the $500 bill, were officially discontinued by the Federal Reserve System in July 1969 when it began to take the bills out of circulation. That being said, these bills are still legal tender.

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