Is there such thing as a $500 bill?


The U.S. Department of the Treasury reports that production of $500 bills ended during World War II. Distribution of these bills ceased on July 14, 1969. The Treasury notes that some of these bills may remain in circulation as of 2014 and are still considered legal tender.

According to the Treasury, once a Federal Reserve bank receives a $500 bill from a customer, the bank is required to remove the bill from circulation and destroy it. These bills were reportedly created mainly to facilitate transfers between banks. When the production of $500 bills ended, the production of $1,000, $5,000 and $10,000 bills ended as well.

Q&A Related to "Is there such thing as a $500 bill?"
President William McKinley, shows his face on the $500 dollar bill. President William McKinley also showed his face, on the gold dollar coin. You can find more information here:
The US did at one time print $500 bills. Nowadays they are collecto...
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William McKinley, the 25th President of the United States of America, is on the 500 dollar bill! Ask!
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