$500 U.S. Dollar Bills 1928-1934 | APMEX (2024)

FAQs

How much is a 1934 $100,000 bill worth today? ›

A 1934 non-star $20 bill graded 63 is valued at around $115. For star notes, values start at about $85 for a very fine example, rising to $115 for one graded extremely fine. An uncirculated star bill graded 63 will be worth around $675.

Current Value Of The 500 Dollar Bill

The current value of a 500 dollar bill is way more than its face value. This is why, despite the bills being legal tender, it is better to either invest in them or sell them at a premium. As of now, a 500 dollar bill's value can range from $1,500 to over $5,000.

The $10,000 bill was the largest denomination ever to be printed for public circulation in the United States. A collector cannot legally hold a $100,000 bill.

American paper currency comes in seven denominations: $1, $2, $5, $10, $20, $50, and $100. The United States no longer issues bills in larger denominations, such as $500, $1,000, $5,000, and $10,000 bills.

The Most Valuable Dollar Bill in History

On lists of single old bills worth money, the 1874 large sized dollar note is always the most valuable. Since these dollar notes are no longer in circulation, you might have better luck finding them in a collection of inherited currency than through spare change.

“On June 25, 1776, the Continental Congress authorized issuance of the $2 denominations in “bills of credit” for the defense of America,” the U.S. Currency Education Program said. Odds are your $2 bill is worth $2, but it doesn't hurt to check.

The most valuable $20 of all is the 1878 silver certificate, valued at between $10,000 and $35,000. Look for the red seal. More recent bills can also be worth extra cash, the most recent of which are certain bills printed in 1996, which can be worth more than $500.

An original uncirculated $2 bill from 1862 ranges in value from $500 to more than $2,800. You might get $3,800 or more for an 1869 note. More recently, the USCA lists a value of $500 on certain uncirculated $2 bills from 1995.

While the $500 bill is no longer in circulation, it is crucial to note that it remains a legal tender. This means that you could use a $500 bill to settle a debt or make a payment. However, the reality is that these bills are exceptionally rare and are worth much more than their face value.

When was the last $500 bill printed? ›

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.

In 1969, the US government stopped printing anything larger than a $100 bill. The official US government's response to the discontinuation of $1,000 bills in 1969 was that they were discontinued due to a lack of interest. As a result, only a few thousand $1000 bills are in circulation today.

Today, the general public is still largely unfamiliar with the notes because they are not widely circulated and continue to be hoarded. The common misconception that the $2 note is no longer being produced also remains, though $2 notes have been printed since 1862, except for a 10-year hiatus between 1966 and 1976.

The $100,000 bill is the highest denomination ever issued by the U.S. Federal Government. Printed in 1934, it was not intended for general use, but instead was used as an accounting device between branches of the Federal Reserve. It is illegal for a private individual to own this banknote.

If you are referring to a United States $100,000 bill, it's worth nothing because it is illegal for a private citizen to own. There ARE such bills, but they were never issued for circulation. They were for transfers of funds between Federal Reserve Banks back in the days before computers.

All U.S. currency remains legal tender, regardless of when it was issued.

The $100,000 bill was printed for 21 days between 1934 and 1935, and it was never meant for public circulation. So, it's super rare, right? You'd think the value of one of these $100,000 notes today would be worth far more than the value printed on the bill, but you'd be mistaken.