The Most Valuable Banknote Ever Seen: Un-circulated US $100,000 Bill

Have you ever seen the most valuable banknote that has been circulated? In this article, we delve into the history of the un-circulated US $100,000 bill. This particular banknote, which once held a significant place in U.S. finance, is not just about its monetary value; it tells a fascinating story of financial history and intrigue. Ever since its issuance in the early 20th century, the $100,000 bill has remained a rare curiosity, with few ever having actually seen or spent it.

The Birth of the $100,000 Bill

The $100,000 bill was first introduced in 1934, during a time of significant economic turmoil in the United States. The Great Depression had hit the country hard, and the government needed a way to quickly transfer large sums of money between Federal Reserve banks. The newfound need for financial flexibility triggered the creation of this unprecedented high-denomination bill.

Is the $100,000 Bill Still in Circulation?

Contrary to popular belief, the $100,000 bill was never actually used by the public for transactions. The Central Bank specifically designed it to serve as a means of financial transfer between Federal Reserve banks. After Franklin D. Roosevelt's administration took action to halt the transfer of large amounts of gold, the $100,000 bill was discontinued. It was never officially retired and continues to exist as a rare and unique piece of U.S. financial history.

Rarity and Value of the $100,000 Bill

Given the rare nature of the $100,000 bill, it is no surprise that these notes have become highly sought after by collectors. Despite the fact that it was never used, the scarcity and uniqueness of this bill have only added to its value. Hyperinflation in other countries like Zimbabwe has resulted in some notes taking on greater monetary value, but the un-circulated $100,000 US bill remains the most valuable banknote in terms of historical significance and rarity.

Where to Find a $100,000 Bill

While the $100,000 bill is not widely available, there are still a few places where you can find one. The Federal Reserve Banks and the U.S. Bureau of Engraving and Printing may have some of these notes on display for visitors. However, the vast majority of the un-circulated bills remain in the possession of private collectors and museums. These notes, often kept in protective cases, are carefully preserved to ensure their longevity and accuracy.

Legality and Possession of the $100,000 Bill

Despite its historical significance, maintaining and possessing a $100,000 bill isn't as straightforward as you might think. Unless the recipient is a Federal Reserve bank, the $100,000 bill is considered illegal to possess. It is crucial to understand that making, dealing with, or passing these bills is illegal, with severe penalties for anyone involved.

Conclusion: The Enigma of the $100,000 Bill

The un-circulated $100,000 bill stands as a testament to the complexities of U.S. financial history. While it was never used by the public, its historical significance and scarcity have made it a prized possession for collectors and a fascinating topic of discussion among history enthusiasts. Whether you're a budding numismatist or a fan of financial oddities, the $100,000 bill offers a glimpse into a time when the United States faced unprecedented financial challenges.

Additional Resources

To learn more about the $100,000 bill and other rare banknotes, consider visiting the following resources:

The 100,000 Dollar Bill Smithsonian National Museum of American History: The $100,000 Bill Investopedia: US $100,000 Bill