How can a 5000 note not be legal tender....? If I remember right, the bank turns in anything 1000 and above to the fed. I thought the very high denominations are still used between banks..... ?
I'd like to own one too... but just for S&G... I'd maybe pay 1300 for one....
Many, many years ago when I was young, I worked for an A-hole of a boss and he carried around a G note in his wallet to impress people. Was constantly flashing it in people's faces.
I can never look at a bill like that without it bringing back bad memories of a raging tyrant and a bully who liked to fire people for fun.
"Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose." John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
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I'd like to own one too... but just for S&G... I'd maybe pay 1300 for one....
<< <i>yes....as far as I know only the $5,000 and $10,000 dollar bills are no longer legal tender. >>
This is not correct. The $5k and $10k notes are still legal tender, though one would have to be a fool to redeem one at a bank for face value.
I can never look at a bill like that without it bringing back bad memories of a raging tyrant and a bully who liked to fire people for fun.
John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff