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United States ten-thousand-dollar bill

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1934 US$10000 Federal Reserve Note

The United States 10000 dollar Bill (US$10000) is an obsolete denomination of United States currency.

History

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The United States ten-thousand-dollar bill was printed from 1861 to 1945. The Bureau of Engraving and Printing continued to issue the notes until 1969. The notes did not see much circulation among the public because they were printed to facilitate transactions between banks. On July 14, 1969, the United States Department of the Treasury announced that all notes in denominations greater that US$100 would be discontinued.[1] Since 1969 banks are required to send any $10000 bill to the Department of the Treasury for destruction.[2]

In 2023 an example from 1934 sold for US$480,000 at Heritage Auctions in Texas. The note was an uncirculated example which was graded by the Paper Money Guarantee (PMG) company.[3]

References

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  1. ^ "Bureau of Engraving And Printing". www.bep.gov. The Bureau of Engraving & Printing.
  2. ^ "Chapter 5. Federal Reserve Notes". Board of Governors of the Federal Reserve System. Federal Reserve. Retrieved 12 September 2024.
  3. ^ Czachor, Emily Mae (27 September 2023). "$10,000 bill sells for nearly half a million dollars at Texas auction — and 1899 coin sells for almost as much - CBS News". www.cbsnews.com. Retrieved 13 September 2024.