I doubt it. ~Many are going cashless ~Larger denominations are more likely to be counterfeited ~the 500 Euro just got eliminated: https://numismag.com/en/2019/01/06/the-end-of-the-500-euro-banknote-for-january-2019/
No, the EU discontinued their 500 Euro note recently to combat organized crime. The Fed has this in mind when it discontinued high denominations in 1969.
Only when inflation gets to the point where a pint of beer costs $100, other than that, I agree with the above posts- highly unlikely it will be brought back. I don't think many people even carry $100 notes, let alone $500s.
The $500.s and $1,000 bills are just relics now, even thought there Great collector pieces as the command well above spot, for me i dont Even carry cash anymore in my wallet, only carry Gold Rewards AMEX and Hilton Honors Club AMEX and a COSTO Citi Visa, divide purchases Between the three for points and rewards and free vacations...LOL
I’m unable to recall a monetary transaction I’ve been involved in where hundred dollar bills didn’t work quite nicely. A $500 note might have been more impressive, but hundreds work just fine.
Hmm, doubt it seriously. Besides, the "majority" of retail cashiers today cannot give accurate change EVEN WHEN IT IS DISPLAYED ON THE SCREEN !!! is it any wonder retailers are being forced into nearly cashless transactions?? Ooops, forgot to turn the RANT button off.
My dad actually received a $500 bill when he was working as a carpenter in the 90s, he spent it at Costco.
Could be, there was talk of a $500 bill featuring Ronald Reagan. I could see a ceremonial $500 bill for a few years with some prototype anti-countefeit measures incorporated into it.
