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<p>[QUOTE=&quot;Texas John, post: 1060645, member: 25813&quot;]Banks historically have had to maintain a minimum amount of cash on hand, to abide by various rules and regulations. A pack of $1000 notes takes up way less room in a vault than 100 packs of $10 notes. So banks tended to hoard high denomination notes. Even after the Treasury recalled high denomination notes in 1969 (as part of the War on Drugs), banks hung on to them for expediency&#039;s sake. </p><p><br /></p><p>As a result, there are many more $500 and $1000 notes around than you might expect.[/QUOTE]</p><p><br /></p>

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