Most of us hope for big balances in our checking and savings accounts, but when you withdraw funds, the biggest bill you’ll see is probably $100.
Once upon a time, though, $500, $1,000, $5,000, $10,000 and $100,000 bills were in circulation. After the last printing of those denominations in 1945, the Treasury Department and the Fed discontinued them in 1969.
The use of large bills has decreased dramatically and they’ve been greater targets for counterfeits versus smaller denominations. They’re still legitimate legal tender but are limited circulation, except for the $100,000 bill, which was only ever used in fiscal channels.
These days, most of these increasingly rare bills are owned by collectors. In fact, if you happen to have a mint condition bill in a rare denomination, it could mean a big payoff. For instance, Antique Money, an organization with 20 locations around the United States that buys, sells and auctions paper currency, once paid more than $20,000 for a rare 1928 star note $1,000 bill.
Here are some rare bills you might want to keep an eye out for.