The single largest bill ever printed was a gold certificate issued in 1934 for 100 000

The single largest bill ever printed was a gold certificate issued in 1934 for $100,000.

Did you know that the single largest bill ever printed is a gold certificate issued in 1934 for a whopping $100,000? It’s true! This incredible piece of currency, known as the 1934 $100,000 Gold Certificate, holds a special place in history and captures the fascination of numismatists and history enthusiasts alike.

Designed by the renowned American banker and economist, Henry Morgenthau Jr., the 1934 $100,000 Gold Certificate is a true masterpiece. With its intricate details, stunning gold accents, and bold typography, this bill is a testament to the craftsmanship of its time.

It’s important to note that this bill was never intended for circulation among the general public. Instead, it was specifically created for internal transactions between Federal Reserve Banks. Such high-denomination bills were primarily used for interbank transfers, settling debts, and moving reserves between banks.

This exceptional gold certificate features an impressive portrait of President Woodrow Wilson, who served as the 28th President of the United States. Surrounding his portrait, various security features were incorporated to safeguard against counterfeiting, including intricate line patterns, microprinting, and a distinct golden hue.

While the 1934 $100,000 Gold Certificate has never been publicly circulated, a few specimen notes still exist today. One such example is held by the Smithsonian’s National Museum of American History, where it continues to impress visitors with its grandeur and historical significance.

It’s fascinating to consider the purchasing power that this enormous bill represented during its time. In today’s currency value, $100,000 in 1934 would be equivalent to approximately $1.9 million. This staggering amount further accentuates the rarity and value of this unique piece of American financial history.

The 1934 $100,000 Gold Certificate serves as a testament to the intricacies of American currency design and the evolution of banking practices. Its legacy lives on, captivating countless individuals who are captivated by its beauty and historical significance.

To learn more about the 1934 $100,000 Gold Certificate, you can visit the Smithsonian’s National Museum of American History, where this impressive piece of currency is proudly displayed.

Note: The images used in this article are sourced from the links provided.

Sources:

• Smithsonian’s National Museum of American History