1/9/2024 0 Comments Federal bank noteMany of the elements on the obverse of the note are printed in black ink, although some objects are orange to yellow in color. It is horizontally-oriented, having a larger width than height. The paper on which the note was printed is light in color and is composed of a blend of about 75 percent cotton and 25 percent linen. A handful of real examples, including an uncut sheet of twelve specimen notes, are currently on display at the Federal Reserve Bank of San Francisco, Bureau of Engraving and Printing, Smithsonian Institution, and Federal Reserve Bank of Richmond. Forgeries are relatively common, and have sometimes been known to come with fake certificates of authenticity. All of the surviving notes have been accounted for, and are currently in the hands of the United States Government thus, private ownership of a legitimate example is ILLEGAL. Since that date, many of the 42,000 examples printed were destroyed by the government, and as a result, only a few specimens are known to exist today. Initially intended to facilitate larger money transfers between banks, use of the 100,000 dollar bill eventually ended in the 1960s, partially due to the advent of wire transfers. As the note was only intended for transactions between Federal Reserve Banks, no examples were ever put into circulation for the general public. It was printed from Decemto January 9, 1935, and was issued by the Treasurer of the United States to Federal Reserve Banks only against an equal amount of gold bullion held by the Department of the Treasury. The note was used as a form of gold certificate. The note technically still holds the status of legal tender, but has not seen circulation since the 1960s. With a face value of 100,000 dollars, it is the highest-denominated piece of paper money ever produced by the United States. It was never publicly circulated and was only used for transactions between Federal Reserve Banks. The 100,000 dollar bill is a banknote of the United States that was printed by the Bureau of Engraving and Printing from 1934 to 1935. Great American Coin will issue payment instructions to you during the ordering process and via email following completion of your order.Serial number, paper composition, signatures Great American Coin expressly reserves the right to refuse or cancel any order, for any reason, at its sole discretion, regardless of payment method and price confirmation. Our shopping cart system accepts payment using:Ĭhoosing to pay with a credit or debit card, you expressly authorize Great American Coin to authorize and capture your credit card payment prior to shipment. International shipping times are not within the control Great American Coin, and Great American Coin makes no guarantees regarding international shipping times. Great American Coin and are not responsible for packages delivered late by any carrier. Great American Coin does not provide shipping refunds nor do we coordinate with the USPS or other carriers on behalf of the customer when a package does not arrive by the estimated delivery date. Shipping and Handling and Hold Timeĭelivery dates posted by our website - and by the USPS or other carriers are "Estimated Dates" only. Please be advised that if we require a drivers license or other ID prior to shipment the 0-3 business day shipping window will begin upon receipt of requested information. Customers will be contacted if packages are held longer than 3 business days. Wire transfers require a 2-4 -day hold time prior to shipment. Under rare circumstances packages may be held longer. Great American Coin ships most orders within 0-3 business. Insurance and/or tracking may be included in international shipments at buyers expense. Insurance and/or tracking is available for international shipments, however, it is generally cost prohibitive. Great American Coin will review all international shipments individually, and reserves the right to cancel any transaction at our sole discretion based upon location or for any other reason. We ship to the United States and select international countries.
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