(Oct 8, 2015)
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Although high denomination notes are no longer being printed, they are still legal tender and can be redeemed at any bank for full face value
High-denomination currency was prevalent from the very beginning of U.S
There are many different designs and types of high-denomination notes
The high-denomination bills were issued in a small size in 1929, along with the $1 through $100 denominations
The reverse designs featured abstract scrollwork with ornate denomination identifiers
They are printed in orange on the reverse
Although they are still technically legal tender in the United States, high-denomination bills were last printed in 1945 and officially discontinued on July 14,1969, by the Federal Reserve System
Circulation of high-denomination bills was halted in 1969 by executive order of President Richard Nixon, in an effort to combat organized crime
government will re-issue large denomination currency in the near future
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