One of my family member showed me a million dollar bill, he said that it was his first million dollars and that the bill was real. I don't believe him, cause you can buy a set of 100 million dollar bills on the internet for $25. How do you know if a million dollar bill is real?
2006-07-29 08:01:35 · 21 answers · asked by Z-Man 1 in Family & Relationships ➔ Family
the US Mint doesn't make such a denomination, and the largest one they DO make is only traded between banks, not in general circulation
2006-07-29 08:05:34 · answer #1 · answered by Anonymous · 1⤊ 0⤋
Obviously it is not real seeing as there was never a million dollar bill made.
Today, the currency of the United States, the U.S. dollar, is printed in bills in denominations of $1, $2, $5, $10, $20, $50, and $100.
At one time, however, it also included five larger denominations. Shown here is a $100,000 Gold certificate from 1934. High-denomination currency was prevalent from the very beginning of U.S. Government issue (1861). $500, $1,000, and $5,000 interest bearing notes were issued in 1861, and $10,000 gold certificates arrived in 1865. There are many different designs and types of high-denomination notes.
So tell your family member nice joke but I don't buy it.
The high-denomination bills were issued in a small size in 1929, along with the $1 through $100 denominations. Their designs were as follows:
The $500 bill featured a portrait of William McKinley
The $1,000 bill featured a portrait of Grover Cleveland
The $5,000 bill featured a portrait of James Madison
The $10,000 bill featured a portrait of Salmon P. Chase
The $100,000 bill featured a portrait of Woodrow Wilson
2006-07-29 08:17:17 · answer #2 · answered by Young Mommy 2 · 0⤊ 0⤋
There has never been a million dollar bill issued by the US Treasury, so any you may have seen are just novelty items...sort of like the three dollar bill with a picture of Bill Clinton on it. The largest bill in circulation today is the $100 bill.
2006-07-29 08:09:35 · answer #3 · answered by Shaula 7 · 0⤊ 0⤋
like has been said before, it isn't because they don't make em! however, if you ever have the question of cash authenticity, you can usually go to your bank, and buy what is essentially a marker, what it does, is you draw a line on the bill, and it changes one color if it is fake, one color if it is real. I've used these as a cashier many many times - but I don't recommend wasting the ink on a $1,000,000 bill :)
2006-07-29 08:28:39 · answer #4 · answered by Mrs. Lucky 5 · 0⤊ 0⤋
Check the date and the treasuer signature.
Many giant bills were created long long ago for ease of transporting from one bank to another. These days, anything over 500 (i think) isn't produced anymore. Money is transfered via computers. It isn't logical to produce bills over 500 if the people don't demand it.
2006-07-29 08:06:25 · answer #5 · answered by Anonymous · 0⤊ 0⤋
It's not.
I forget the specifics behind the largest denomination, but I know that it wasn't a million.
The largest actual U.S. bill is around 100k I think, and it's not used by everyday people, but by banking institutions for the transfer of larger funds.
Hope this helps.
Buddhadan
2006-07-29 08:05:22 · answer #6 · answered by buddhadan 3 · 0⤊ 0⤋
There isn't such a thing as a million dollar bill.
2006-07-29 08:05:47 · answer #7 · answered by spaceytracey3 4 · 0⤊ 0⤋
The US dosen't print a million dollar bill. They are all fake.
2006-07-29 08:05:02 · answer #8 · answered by Anonymous · 0⤊ 0⤋
It's only real to a person who you can trick into accepting it for something. The US does not have any denominations above $100,000, and anything over $1000 was only used between banks.
2006-07-29 08:04:35 · answer #9 · answered by Man with a plan. 4 · 0⤊ 0⤋
There is no such thing as a million dollar bill, I think the biggest bill printed is a 10,000.00 or 50,000.00 dollar bill.
2006-07-29 08:05:38 · answer #10 · answered by sugar-n-spice 2 · 0⤊ 1⤋