Scimyst
Subscribe
  • Home
  • Discoveries
    • All
    • 1001 Mysteries
    • Aliens & UFOs
    • Animal World
    • Archaeology
    • Biology
    • Doomsday
    • Famous Landmarks
    • History
    • Mars Exploration
    • Military Science
    • Oceanography
    • Science Q&A
    • Scientific Discoveries
    • Space Science
    • Why
    • World Figures
    • World Wonders
    thanh pho trang 650

    The Lost City of 500 Years Containing Flesh-Eating Parasites

    the ancient buddha statue for women is very beautiful but extremely vivid 119168

    Chilling Ancient Punishments for Women with Beautiful but Bloodied Names

    creating the worlds first plasma lamp not using a wire just throw it away 133669

    Creating the world’s most durable plasma lamp that doesn’t “take a break” after a few days of use

    which country suffers the most natural disasters in the world every year 136695

    Which country suffers the most natural disasters in the world, “experiencing” the most super typhoons each year?

    strange spc exoplanet

    10 Most Strange Things of the Universe

    thuan tay trai 650

    Left-Handed People and 16 “Shocking” Facts

    cham do ben khoe mieng 650

    The Secret of the Two Red Dots at the Corner of the Mouth of the Tang Dynasty Concubine

    tinh van con cua 650

    Revealing Unseen Images of the Crab Nebula through the James Webb Space Telescope

    cau hon o phap 650

    Banning Bathing, Forcing Tears, and Strange Wedding Customs Around the World

  • Events
    • All
    • Science Stories
    • Scientific Projects

    Tonight announces the Ig Nobel Prize winners

    frog

    Frog Wins Ig Nobel Prize 2005

    canhcutIg

    Life is Not Lacking in Quirks

    Nobel Prize in Medicine 2005: A Modern Fairy Tale

    10 Weird Inventions Awarded the Ig Nobel Prize 2005

    nobelKT

    Why Did They Win the Nobel Prize in Economics?

    giaydientu

    “Electronic Paper” Set to Appear on the Market

    Development of Science and Technology in the South Central Coast and Central Highlands Provinces

    a russian scientist loves vietnam 1659

    A Russian Scientist Who Loves Vietnam

  • Lifestyle
    • All
    • Environment
    • Medicine & Health
    tdnong

    Global warming may be the cause of major storms

    traxanh1

    Green tea has effects against dementia

    Discovery of Cancer-Preventing Genes in the Human Body

    Khachdulich Indonesia

    Avian influenza harms tourism more than terrorism

    nao

    Lying – A Disease of People with Brain Defects

    cafe

    Coffee May Prevent Cancer

    tebaocum

    Recreating the ‘Death’ Flu Virus of 1918

    Indo ban

    The whole world unites to fight avian influenza

    HIV aids

    The Mystery of AIDS Epidemic

  • Technology
    • All
    • AI - Artificial Intelligence
    • Computer Science
    • New Technology
    • Scientific Inventions
    top apps explore space solar system on pc 98000

    Top Applications for Exploring the Universe and Solar System on PC

    vai dien tu 650

    Soon there will be data-transmitting clothing

    sua loi khong vao dc coc coc 650

    Why can’t Cốc Cốc download videos to the computer?

    may tinh cu 1

    17 Things You Can Do with an Old Computer

    play free games super fun on android devices 54708

    Play Extremely Fun Free Games on Android Devices

    top 10 best weather apps on android 98127

    Top 10 Best Astronomy Apps on Android

    how to charge iphone properly 122474

    How to Charge an iPhone the Right Way

    do not scan qr code finger 122198

    Don’t Scan QR Codes Randomly

    sensor technology for measuring oxygen in blood 120461

    Light-Emitting Sensor Technology Can Measure Blood Oxygen

  • Cultural Heritage
    ai cap 650

    The Ruins of Memphis & the Pyramid Complex from Giza to Dahshur – Egypt

    khao co 650

    Prehistoric Archaeological Sites in the Dordogne Valley and Caves in the Vézère Valley – France

    baroque churches philippines 67188

    Baroque Churches – Philippines

    mont saint michel france 67265

    Mont Saint Michel Island – France

    acropolis bracelet in athens greece 67621

    Acropolis Fortress in Athens – Greece

    language mo tan thuy hoang china 67087

    Tomb of Qin Shi Huang – China

    historical city ayutthaya 67804

    Historical City of Ayutthaya

    mesa verde national park 67201

    Mesa Verde National Park – United States of America

    to the taj mahal india 67153

    Taj Mahal Temple – India

  • Entertainment
    • All
    • Photo Library
    • Videos

    Honesty

    Telephone

    Advanced Technology

    Terminal Illness

    Allergy

    Love Like Mars

    Super Definition

    Coi Sách

    Selling Candy

No Result
View All Result
Scimyst
  • Home
  • Discoveries
    • All
    • 1001 Mysteries
    • Aliens & UFOs
    • Animal World
    • Archaeology
    • Biology
    • Doomsday
    • Famous Landmarks
    • History
    • Mars Exploration
    • Military Science
    • Oceanography
    • Science Q&A
    • Scientific Discoveries
    • Space Science
    • Why
    • World Figures
    • World Wonders
    thanh pho trang 650

    The Lost City of 500 Years Containing Flesh-Eating Parasites

    the ancient buddha statue for women is very beautiful but extremely vivid 119168

    Chilling Ancient Punishments for Women with Beautiful but Bloodied Names

    creating the worlds first plasma lamp not using a wire just throw it away 133669

    Creating the world’s most durable plasma lamp that doesn’t “take a break” after a few days of use

    which country suffers the most natural disasters in the world every year 136695

    Which country suffers the most natural disasters in the world, “experiencing” the most super typhoons each year?

    strange spc exoplanet

    10 Most Strange Things of the Universe

    thuan tay trai 650

    Left-Handed People and 16 “Shocking” Facts

    cham do ben khoe mieng 650

    The Secret of the Two Red Dots at the Corner of the Mouth of the Tang Dynasty Concubine

    tinh van con cua 650

    Revealing Unseen Images of the Crab Nebula through the James Webb Space Telescope

    cau hon o phap 650

    Banning Bathing, Forcing Tears, and Strange Wedding Customs Around the World

  • Events
    • All
    • Science Stories
    • Scientific Projects

    Tonight announces the Ig Nobel Prize winners

    frog

    Frog Wins Ig Nobel Prize 2005

    canhcutIg

    Life is Not Lacking in Quirks

    Nobel Prize in Medicine 2005: A Modern Fairy Tale

    10 Weird Inventions Awarded the Ig Nobel Prize 2005

    nobelKT

    Why Did They Win the Nobel Prize in Economics?

    giaydientu

    “Electronic Paper” Set to Appear on the Market

    Development of Science and Technology in the South Central Coast and Central Highlands Provinces

    a russian scientist loves vietnam 1659

    A Russian Scientist Who Loves Vietnam

  • Lifestyle
    • All
    • Environment
    • Medicine & Health
    tdnong

    Global warming may be the cause of major storms

    traxanh1

    Green tea has effects against dementia

    Discovery of Cancer-Preventing Genes in the Human Body

    Khachdulich Indonesia

    Avian influenza harms tourism more than terrorism

    nao

    Lying – A Disease of People with Brain Defects

    cafe

    Coffee May Prevent Cancer

    tebaocum

    Recreating the ‘Death’ Flu Virus of 1918

    Indo ban

    The whole world unites to fight avian influenza

    HIV aids

    The Mystery of AIDS Epidemic

  • Technology
    • All
    • AI - Artificial Intelligence
    • Computer Science
    • New Technology
    • Scientific Inventions
    top apps explore space solar system on pc 98000

    Top Applications for Exploring the Universe and Solar System on PC

    vai dien tu 650

    Soon there will be data-transmitting clothing

    sua loi khong vao dc coc coc 650

    Why can’t Cốc Cốc download videos to the computer?

    may tinh cu 1

    17 Things You Can Do with an Old Computer

    play free games super fun on android devices 54708

    Play Extremely Fun Free Games on Android Devices

    top 10 best weather apps on android 98127

    Top 10 Best Astronomy Apps on Android

    how to charge iphone properly 122474

    How to Charge an iPhone the Right Way

    do not scan qr code finger 122198

    Don’t Scan QR Codes Randomly

    sensor technology for measuring oxygen in blood 120461

    Light-Emitting Sensor Technology Can Measure Blood Oxygen

  • Cultural Heritage
    ai cap 650

    The Ruins of Memphis & the Pyramid Complex from Giza to Dahshur – Egypt

    khao co 650

    Prehistoric Archaeological Sites in the Dordogne Valley and Caves in the Vézère Valley – France

    baroque churches philippines 67188

    Baroque Churches – Philippines

    mont saint michel france 67265

    Mont Saint Michel Island – France

    acropolis bracelet in athens greece 67621

    Acropolis Fortress in Athens – Greece

    language mo tan thuy hoang china 67087

    Tomb of Qin Shi Huang – China

    historical city ayutthaya 67804

    Historical City of Ayutthaya

    mesa verde national park 67201

    Mesa Verde National Park – United States of America

    to the taj mahal india 67153

    Taj Mahal Temple – India

  • Entertainment
    • All
    • Photo Library
    • Videos

    Honesty

    Telephone

    Advanced Technology

    Terminal Illness

    Allergy

    Love Like Mars

    Super Definition

    Coi Sách

    Selling Candy

No Result
View All Result
Scimyst
No Result
View All Result
Home Events Science Stories

The story behind the highest denomination USD bill: 100,000 USD

by Sci
August 25, 2024
in Science Stories
0
Share on FacebookShare on Twitter

“Money is the root of all evil,” we often hear this saying. But no matter what your opinion is about money, it remains a necessity in today’s world.

The 100,000 USD bill, the highest denomination in the US.
The 100,000 USD bill, the highest denomination in the US.

Wars, people killing each other, families torn apart, and friends drifting away – all because of money. Sometimes, those with money believe that it makes them better than someone who has worked hard all their life yet still has none. The obsession with money has become a kind of plague.

According to The Vintage News, the first paper currency in the US was a 2 USD bill issued in 1776. In 1861, during the Civil War, the US Department of the Treasury issued blue Demand Notes, nicknamed “greenbacks.” By 1862, US currency began to be issued with serial numbers and seals from the Department of the Treasury.

USD bills feature various decorative engravings; therefore, the government began to organize the design of money. During the Civil War, the Confederate States of America issued their own currency, but these notes quickly became worthless after the war ended. The Confederate States of America existed only from 1861 to 1865. The currency they issued was known as the Confederate States dollar.

The 50 USD Confederate States dollar from 1778.
The 50 USD Confederate States dollar from 1778.

However, some of these notes remain, and many years later, they have increased in value, especially if they feature images related to the Confederate States of America or slavery. A Confederate bill from 1864 depicting General Stonewall Jackson with a denomination of 500 USD can currently fetch anywhere from 200 USD to thousands of USD, depending on the condition of the note.

The 2 USD bill, issued in November 1862.
The 2 USD bill, issued in November 1862.

According to the American Currency Education Program, all types of US currency issued since 1861 can still be exchanged for valid currency; however, they can also be sold to collectors for a profit.

After the war, the Bureau of Engraving and Printing was established with the primary mission of focusing on currency issuance. In 1889, Congress officially required the names of individuals to be printed under their portraits on all bills. The cost of producing paper money continued to rise, so by 1929, the size of the bills was reduced by about 30%, and the design was standardized to make counterfeiting easier to detect.

At that time, the largest denominations issued were 10,000 USD featuring the portrait of Salmon P. Chase, Secretary of the Treasury during President Abraham Lincoln’s term, the 500 USD bill featuring President Grover Cleveland, the 5,000 USD bill with President James Madison’s image, and the highest denomination ever issued in US currency history: the 100,000 USD gold certificate printed in 1934 bearing President Woodrow Wilson’s image on the front.

Most high-denomination currency was used only for transactions between banks and the government. High-denomination bills were rarely issued, and by 1969, the Treasury completely ceased their production. Although the government still accepts these bills, if sold to collectors, a 100,000 USD note could fetch up to 140,000 USD. If a high-denomination bill remains in circulation, the Treasury will recall and destroy it.

Front and back of the 100,000 USD bill.
Front and back of the 100,000 USD bill.

In 1955, the US government mandated that all bills issued from 1957 onwards, starting with the 1 USD bill, must include the phrase “In God We Trust.” By 1963, all USD bills were required to feature this phrase. From 1914 to 1933, individuals could redeem their paper money for equivalent values in gold or silver. After 1933, people could only exchange money for silver.

Before 1965, all coins were made of silver, but President Lyndon Johnson called for the production of coins with less than 40% silver content, resulting in the “sandwich” coins we see today, incorporating another base metal. By 1968, currency was no longer redeemable for any precious metals. In 1996, US currency was redesigned with larger portraits and enhanced security features.

Coins come and go depending on their popularity. The silver dollar featuring President Dwight D. Eisenhower was used in the 1970s, as was the half dollar featuring President John F. Kennedy.

Both coins were large and heavy but did not gain public favor. The 1 USD Susan B. Anthony coin, released in 1979, was not well received due to frequent confusion with the quarter. The Sacagawea gold dollar, while still in circulation, is also not very popular, with some people commenting that it resembles play money.

The US currency will continue to evolve as counterfeiters become more sophisticated and realistic in their reproductions. But the conclusion is, regardless of your preference for paper or coin money, it will likely always be necessary in today’s world.

  • The Secrets Behind Producing the US Dollar
  • 33 Interesting Facts About the Powerful USD
  • The Era of Microchips is Coming to an End, Prepare for the Era of Superchips
Tags: 000 USD bill100dollarhigh denomination moneyhighest denomination bill in the USUSD currency
Next Post
the magic moment super green swallowing the star 136371

Unique Moment of the Blue Supermoon "Devouring" Saturn

china introduces laser submarine moving at sound speed 134214

China aims for laser submarines capable of supersonic speeds

admire the roof of the 39721 earthquake

Admiring the "Roof of the Continents"

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FEATURED POST

the mystery of the mummified woman misidentified as an egyptian pharaoh 129359

The Mystery of the Mummy of the Woman Mistaken for the Pharaoh of Egypt

space monsters in mythology first appearance 129358

Cosmic Monster ‘in Legend’ Appears for the First Time

the most dangerous coastline in the world haunting the dreams of mangrove forests 108247

The world’s most dangerous strait – The haunting toll measured in sailors’ lives

10 amazing natural phenomena that challenge science 60818

23 Mysterious Natural Phenomena That Challenge Science

TRENDING

nguoi ai cap co dai 650
Scientific Discoveries

What Race Are the Egyptians Ultimately? Why Are They Different from Today’s Africans?

grand canyon mysterious area ancient egyptian ruins of the united states 133940
1001 Mysteries

Grand Canyon, the mysterious area containing ancient Egyptian relics of the United States

no cave no peak excluding china leaves the world amazed when building a bridge like a dragon flying over the river 136956
Scientific Discoveries

No Tunnels, No Supports: China Stuns the World with a Bridge that Floats like Silk on the River

10 amazing natural phenomena that challenge science 60818
1001 Mysteries

23 Mysterious Natural Phenomena That Challenge Science

EDITOR PICK'S

What Race Are the Egyptians Ultimately? Why Are They Different from Today’s Africans?

No Tunnels, No Supports: China Stuns the World with a Bridge that Floats like Silk on the River

23 Mysterious Natural Phenomena That Challenge Science

17 Causes of Throat Tightness and Belching

The best way to charge a newly purchased phone battery to avoid battery degradation

Oclantis: The Underwater City Built by Octopuses

Grand Canyon, the mysterious area containing ancient Egyptian relics of the United States

Newsletter

THE MOST IMPORTANT WORLD NEWS AND EVENTS OF THE DAY

Subscribe to our mailing list to receives daily updates direct to your inbox!

Category

  • 1001 Mysteries
  • AI – Artificial Intelligence
  • Aliens & UFOs
  • Animal World
  • Antibiotic Resistance
  • Archaeology
  • Bacteria & Insects
  • Biology
  • Biotechnology
  • Climate & Weather

Site Link

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

About Us

At Scimyst, we uncover the wonders of science, history, and culture. From ancient mysteries to modern innovations, our stories inspire curiosity and connect you to the fascinating world around us. Explore the unknown with us!

  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2025 Scimyst - Your gateway to the wonders of science and culture

No Result
View All Result
  • Home
  • Discoveries
    • 1001 Mysteries
    • Aliens & UFOs
    • Animal World
    • Archaeology
    • Biology
      • Bacteria & Insects
      • Biotechnology
      • Plants
    • Doomsday
    • Famous Landmarks
    • History
      • This Day in History
    • Military Science
    • Mars Exploration
    • Oceanography
    • Science Q&A
    • Science Quiz
    • Scientific Discoveries
    • Space Science
    • Why
    • World Figures
    • World Wonders
      • Cultural Heritage
      • Vietnamese Heritage
  • Technology
    • AI – Artificial Intelligence
    • Computer Science
    • New Technology
      • Self-Driving Cars
    • Scientific Inventions
  • Lifestyle
    • Cancer
    • Environment
      • Climate & Weather
      • Disasters
      • Latest Storm Updates
      • Nature
      • Solutions
    • Medicine & Health
      • Antibiotic Resistance
      • Common Illnesses
      • Dengue Fever
      • Family Medicine Cabinet
      • Food Safety
      • Health
      • Influenza Outbreak
    • Scientific Applications
  • Events
    • Science Events
    • Science Stories
    • Scientific Projects
  • Entertainment
    • Photo Library
    • Videos

© 2025 Scimyst - Your gateway to the wonders of science and culture