Comments on: New $100 Note Release Ceremony in Washington, D.C. http://www.coinnews.net/2010/03/08/new-100-note-release-ceremony-in-washington-d-c/ CoinNews delivers breaking coin news, unique coin articles, coin news videos and free numismatic services for new and experienced coin collectors. Mon, 13 Feb 2012 22:25:46 +0000 hourly 1 By: Munze http://www.coinnews.net/2010/03/08/new-100-note-release-ceremony-in-washington-d-c/comment-page-1/#comment-21084 Munze Sat, 24 Apr 2010 20:21:00 +0000 http://www.coinnews.net/?p=3279#comment-21084 I don't think we'll ever see another $500 bill, or even a potentially useful new denomination like a $200 bill. High-value bills make it too easy to move large amounts of cash under the radar. That's why the government stopped distributing $500+ denominations back in 1969. Yeah, I know that $100 today is the equivalent of about $15 back then, but worldwide use of electronic funds transfer means there's a far lower demand for large bills. After all, how often to you even see a fifty in change? I don’t think we’ll ever see another $500 bill, or even a potentially useful new denomination like a $200 bill. High-value bills make it too easy to move large amounts of cash under the radar. That’s why the government stopped distributing $500+ denominations back in 1969.

Yeah, I know that $100 today is the equivalent of about $15 back then, but worldwide use of electronic funds transfer means there’s a far lower demand for large bills. After all, how often to you even see a fifty in change?

]]> By: the x http://www.coinnews.net/2010/03/08/new-100-note-release-ceremony-in-washington-d-c/comment-page-1/#comment-17539 the x Mon, 08 Mar 2010 18:34:36 +0000 http://www.coinnews.net/?p=3279#comment-17539 when will the $500 bill come out. when will the $500 bill come out.

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