On July 14, 1969, the Department of the Treasury and the Federal Reserve System announced that currency notes in denominations of $500, $1,000, $5,000, and $10,000 would be discontinued immediately due to lack of use. Although they were issued until 1969, they were last printed in 1945.
What 4 denominations are no longer being issued?
Kennedy, the 60th Secretary of the Treasury, and officials at the Federal Reserve Board announced that they would immediately stop distributing currency in denominations of $500, $1,000, $5,000 and $10,000.
What dollar bills have been discontinued?
Although they are still legal tender in the United States, high-denomination bills were last printed on December 27, 1945, and were officially discontinued on July 14, 1969, by the Federal Reserve System due to ‘lack of use’. The $5,000 and $10,000 bills had effectively disappeared well before then.
When did they stop making denominations of$ 500?
On July 14, 1969, David M. Kennedy, the 60th Secretary of the Treasury, and officials at the Federal Reserve Board announced that they would immediately stop distributing currency in denominations of $500, $1,000, $5,000 and $10,000. Production of these denominations stopped during World War II. Their main purpose was for bank transfer payments.
Are there any new denominations of US currency?
Will any new denominations be produced? The present denominations of our currency in production are $1, $2, $5, $10, $20, $50 and $100. The purpose of the United States currency system is to serve the needs of the public and these denominations meet that goal.
Where can I find denominations above$ 100?
U.S. Currency Denominations Above The $100 Note United States currency denominations above $100 are not available from the Department of the Treasury, the Federal Reserve System, or the Bureau of Engraving and Printing.
What are the differences between the different Christian denominations?
Christian denominations differ in what they use for the basis of their doctrines and beliefs. The biggest split is between Catholicism and the denominations that have roots in the Protestant Reformation. Anglican/Episcopal: The Scriptures and the Gospels, church fathers.