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<p>[QUOTE=&quot;chrisild, post: 1920382, member: 39&quot;]In the euro area and some neighboring countries, such high denomination notes are indeed used for &quot;shady&quot; purposes, but also for perfectly fine reasons. There have, for a long time, been people who do not trust banks a lot and keep cash at home. Well, a few &quot;big&quot; notes are easier to store somewhere than a lot of &quot;small&quot; ones.</p><p><br /></p><p>Around here, about the only place and time (in terms of legal transactions) where such notes come in handy is when you buy a used car from a private seller. But do away with them? The highest denomination here (€500) is about $680, and the 1,000 Fr note in neighboring Switzerland is about $1,100. Currently there are no plans to stop issuing them, or withdraw them. However, would such high denominations be introduced today? I doubt it.</p><p><br /></p><p>Similarly, it does not make sense to change the &quot;setup&quot; in the US. Who knows, maybe the $100 will become a little more common, but even that I am not sure about. One of the few reasons I can imagine for having high denomination dollar bills is to make it easier, for people in high inflation countries for example, to keep their USD piggy bank relatively small. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Christian[/QUOTE]</p><p><br /></p>

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