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<p>[QUOTE="Numbers, post: 443332, member: 11668"]The late sixties was when the Federal Reserve finally ran low on $500's and $1000's, which hadn't been printed since the last 1934-series printings in about 1945. In order to make more, they would've had to update those two denominations' designs for the 32-subject dry-intaglio presses, before they could print 1969-series versions. The Fed and Treasury collectively decided that it wasn't worth the trouble, when these bills were so rarely used that the previous printing had lasted twenty-odd years.</p><p><br /></p><p>There was a serious proposal in Congress in the '80s to discontinue production of the $100 bill, due to concerns about drug trafficking and such. I think that's when people started to get this idea that similar concerns had been the reason for the end of the $500+ denominations a couple of decades prior.[/QUOTE]</p><p><br /></p>
[QUOTE="Numbers, post: 443332, member: 11668"]The late sixties was when the Federal Reserve finally ran low on $500's and $1000's, which hadn't been printed since the last 1934-series printings in about 1945. In order to make more, they would've had to update those two denominations' designs for the 32-subject dry-intaglio presses, before they could print 1969-series versions. The Fed and Treasury collectively decided that it wasn't worth the trouble, when these bills were so rarely used that the previous printing had lasted twenty-odd years. There was a serious proposal in Congress in the '80s to discontinue production of the $100 bill, due to concerns about drug trafficking and such. I think that's when people started to get this idea that similar concerns had been the reason for the end of the $500+ denominations a couple of decades prior.[/QUOTE]
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