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<p>[QUOTE="GoldFinger1969, post: 26091394, member: 73489"]Probably...I'd rather see a $500 bill with Reagan on it. We can get a jump on the Quintcentenniel. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p><br /></p><p>But I am sure it would be hoarded and used extensively for gifts (weddings, birthdays, Bar Mitzvahs, etc.).</p><p>The $100,000 bill was never circulated, it was only intended for bank-to-bank transfers and I'm not even sure it was actually used.</p><p><br /></p><p>The others DID get used in some fashion, even the $5,000 and $10,000, though as you can imagine super sparingly.</p><p><br /></p><p>A $500 bill, when it was printed, represented either an entire year's wages (late-1800's) or a few months of wages (1900's). Only the super-wealthy could really utilize or hold one.</p><p>By discontinuing.....banks were told to yank them out of circulation when they appeared.</p><p><br /></p><p>Larger bills are the ones targeted by counterfeiters. Not sure if the new security measures have cut down on the ability to counterfeit but IF they have...that might crack open the door a bit to justify a bill larger than $100.</p><p><br /></p><p>It would be interesting to see how a brand new $500 bill (or $250 bill, though I doubt that one materializes) would be treated by the public.[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 26091394, member: 73489"]Probably...I'd rather see a $500 bill with Reagan on it. We can get a jump on the Quintcentenniel. :D But I am sure it would be hoarded and used extensively for gifts (weddings, birthdays, Bar Mitzvahs, etc.). The $100,000 bill was never circulated, it was only intended for bank-to-bank transfers and I'm not even sure it was actually used. The others DID get used in some fashion, even the $5,000 and $10,000, though as you can imagine super sparingly. A $500 bill, when it was printed, represented either an entire year's wages (late-1800's) or a few months of wages (1900's). Only the super-wealthy could really utilize or hold one. By discontinuing.....banks were told to yank them out of circulation when they appeared. Larger bills are the ones targeted by counterfeiters. Not sure if the new security measures have cut down on the ability to counterfeit but IF they have...that might crack open the door a bit to justify a bill larger than $100. It would be interesting to see how a brand new $500 bill (or $250 bill, though I doubt that one materializes) would be treated by the public.[/QUOTE]
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