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Did normal middle class people have gold coins in Ancient times?
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<p>[QUOTE="Matthew Kruse, post: 7311328, member: 107431"]The US didn’t just get rid of large denominations of bills because they weren’t used as much but also because it made it easier for criminals to launder money and do drug deals, etc. When you think about it, it’s much easier to carry one $10,000 dollar bill than a stack of one hundred $100 dollar bills. Until 1969, the US made $500 and $1,000 dollar bills. Before that, we had $5,000 $10,000 and even $100,000 dollar bills. Obviously, these are all collectors items now and worth considerably more than face value. Although, they are still legal tender and technically you can pay with them or turn them into a bank. (I’ve heard that if a teller receives a US bill larger than $100, they are required to turn it in to the Treasury to be destroyed. Idk if that’s true or not.)[/QUOTE]</p><p><br /></p>
[QUOTE="Matthew Kruse, post: 7311328, member: 107431"]The US didn’t just get rid of large denominations of bills because they weren’t used as much but also because it made it easier for criminals to launder money and do drug deals, etc. When you think about it, it’s much easier to carry one $10,000 dollar bill than a stack of one hundred $100 dollar bills. Until 1969, the US made $500 and $1,000 dollar bills. Before that, we had $5,000 $10,000 and even $100,000 dollar bills. Obviously, these are all collectors items now and worth considerably more than face value. Although, they are still legal tender and technically you can pay with them or turn them into a bank. (I’ve heard that if a teller receives a US bill larger than $100, they are required to turn it in to the Treasury to be destroyed. Idk if that’s true or not.)[/QUOTE]
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Did normal middle class people have gold coins in Ancient times?
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