To say that we don't need large denominations to be brought back is downright foolish. With the impact of over a century of inflation, they would be used just as frequently as 100 dollar notes. Millions of people make transactions in excess of 500 dollars daily, so these notes could see use once again. 500 was a lot of money back then and could buy an entire vehicle off a showroom floor. Today, if someone wanted to pay cash for a car, they would have to bring a whole briefcase full of 100s to do the same job that a stack of 500s could knock out. 1000s would be easier to count and keep track of in large transactions as well. Crooked folk are always gonna exist. There will always be people using large amounts of money to be shady, and there is literally nothing that can really be done to stop it. What can be done is seizing their assets after they get done screwing up and placing them behind bars like we're supposed to. We shouldn't let the poor choices of a few dictate the amount of money we can carry without it looking obvious. Yes, cashless transactions are widespread taking over, but millions of folk love the look of cold hard cash. People have faith in their cold hard cash versus an arbitrary number on a screen. Cash is physical. Tangible. It's not going away anytime soon. Bring back large denominations. Kinda unfair that only a small amount of people had the privilege of being born in a time with these around. They should never have been taken away.

Excellent video bud. The 1918 500 is in my wish list. Maybe one day I’ll sell off a portion of my collection and pick one up. Thanks for sharing!

@TreasureTownCoins

4 жыл бұрын

Thanks! Would be an awesome get.

I love these deep dive videos, Christian. Really fantastic work.

@TreasureTownCoins

4 жыл бұрын

Thanks silverpicker!

#7:51 We had a couple employees from the Cleveland Federal Reserve Bank (FRB) do a "talk" about the FRB at our coin club several months ago. They said that the $500 and $1,000 Federal Reserve Notes were used as "Gold Transfer Notes" between banks.

Thanks a lot Christian. We may have bigger notes if we end up losing more value of the dollar lol. Thanks for the informative videos. You deliver the facts well. And since I recently got in currency notes too. I enjoyed it thanks. This hobby of stacking, then collecting numismatics, now currency notes, what's next lol. I love getting new items in my collection, an these videos help me find something new to look for all the time. Keep it coming. Thanks again

@TreasureTownCoins

4 жыл бұрын

True! Thanks so much. I really appreciate the thoughtful comment.

I love it those 500 dollars currency, hi from NYC

I’d like to see new $500 notes. But since governments want cashless transactions, I doubt it will happen. #taxavoidance

the value on all of these is crazy now

Great study! Always wondered about them. Unaware of the variety. Thank you.

@TreasureTownCoins

4 жыл бұрын

Glad to help!

You definitely always share new and interesting information. I heard that they are going to be banned in Australia... Not sure though. I do mean the Australian Dollar large notes..

@TreasureTownCoins

4 жыл бұрын

Thank you so much!

The reason why they don't issue USD 500 bills today, despite inflation, is the same that the EU doesn't print EUR 500 notes since 2014: to make money laundering more difficult. Besides, a $500 note in 1934 would have the acquiring power of ~ $ 10,000 today [2021].

@cynamen2961

2 ай бұрын

I do see what you’re saying. I would like to add that $500 bill would actually only be worth $500 today if they printed them. $500 would not even get a woman out the door today. If you include her hair products her make up her hygiene and bathing products, her manicure/pedicure Products or costs, her undergarments, her outfit and shoes. Taking the kids for jeans and athletic shoes, cost more than $500.

@gargoyle7863

16 күн бұрын

Because Cyprus, Kaiman Islands and Channel Islands were full of 500€ and $500 bills? No it's not money laundering, it's about disintensifing the use of cash to get better control over the citizens.

Awesome content!

Notification squad lol, always enjoy your videos man!

@TreasureTownCoins

4 жыл бұрын

Thanks Christian! Nice name!

Nice they are some neat notes thanks for sharing 😀😀👍👍

@TreasureTownCoins

4 жыл бұрын

Thanks!

excellent, one of the best presentation in notes.

@TreasureTownCoins

4 жыл бұрын

Thanks so much Hutch!

Great video and info! Thanks for sharing! 👍😀

@TreasureTownCoins

4 жыл бұрын

For sure!

wow , trop classe c'est billet de banque, bravo mon ami, big like 👍

These are really cool bills ... thanks for sharing

@TreasureTownCoins

4 жыл бұрын

For sure!

Hi Christian, interesting video, I have a few that my father got at the bank in the 1950’s to 60 for face .Not in great shape but neat to have. Take care, Bill

@TreasureTownCoins

4 жыл бұрын

That's awesome. Really cool to hear about.

I have over 100 dollars worth in face values in the Republic of Texas redbacks. How much is a 100 dollar redback bill from the 1830’s worth

@TreasureTownCoins

4 жыл бұрын

Wow! No idea

Curious about the crucifix on back of 500 dollar bill. But can’t seem to find that information. Yet

Great video Christian thank you sir,....God Bless

@TreasureTownCoins

4 жыл бұрын

Thanks! You too!

Great video how long have you been on KZread and how many videos do u have in total just curious 😁😇

@TreasureTownCoins

4 жыл бұрын

I think like 300, 2.5 years.

There are indeed 1928 GC$500 Star Notes.

HOWDY DEAR CHRISTIAN AND CONGRATULATIONS FOR THIS GREAT VIDEO.EVERY WEEK IS A GREAT JOY SEE YOU AND TREASURE TOWN COINS TOO😀👍🇺🇸🇺🇸🇺🇸❤

@TreasureTownCoins

4 жыл бұрын

Thanks so much for the support, Harry!

Nah, I don't think we need to bring back the $500 banknote...👌🏼💯✔

@Mrbg123

3 жыл бұрын

I somewhat agree as $500 may be too much but a $200 I feel is needed. If I buy a used car or even electronics privately on places like Facebook market or Craigslist it would make it way easier to have 5 or 10 $500s than having to get a big stack of $100s. I also play poker at the casino occasionally and it would make buying in and cashing out easier, as it would for other games too. $100 just doesn’t buy what it used to.

@Mrbg123

3 жыл бұрын

Side note, when the high denominations were withdrawn, $100 was worth about $600 in today’s money, so reissuing $500s would actually be worth less than what $100 was worth when they were discontinued. $100 today is only about $30 in 1960s money.

@_The_Worst_

3 жыл бұрын

@@Mrbg123 The case you made just proves that it would only be convenient for a small minority...👌🏼 It's frivolous to make such a denomination...💯✔

@Mrbg123

3 жыл бұрын

@@_The_Worst_ I disagree that it would be a small minority. Tens of millions if not hundreds of millions of Americans make cash transactions over $500 (certainly over $200) every year. Almost all of Facebook market and the sites like it are done through cash. Also millions of Americans gamble on average $600 per visit to the casino.

@hello_its_me.

2 жыл бұрын

Worst...That's the worst idea I've heard in a very long time.

There were also $1,000, $5,000, and $10,000 bills back then.

hello how much does a 1934 500$bill silver certificate with a star worth right now?

How did you get it I personally want the $500 bill

See someone a 500$ 1919 for 28 dollars think its fake how can you tell if its a knock off

I have a 1934A $500 note graded a 55 by PMG. Any idea the value of it today?

@TreasureTownCoins

4 жыл бұрын

I'd check the PMG population report - it's definitely a pretty good note!

@TreasureTownCoins

4 жыл бұрын

I actually did and didn't see any price info. Maybe Heritage Auctions would be a good source?

Where can I look for $500 dollar bill? Any websites or place you recommend?

@fashionjoy4569

Жыл бұрын

EBay

Sell me the 3 bills that you're holding!

Hey … you got change for this $500 bill? 😂

Have a 1934A 500 dollars bills..

I think America should do away with notes all together. Also do away with the federal reserve as a whole and go back to constitutional currency. It would be a hard transition but better than the inevitable (eventual) end of our fiat currency.

@TreasureTownCoins

4 жыл бұрын

I honestly agree, though it could really hurt our economy. Maybe a slow transition.

I would give someone all my money for one.

@pauldavis5665

2 ай бұрын

Sorry they cost more than 10 bucks.

I have a $500 bill laminated from Chicago Illinois and it has its a 1918 how can I determine what I have is real

I think they discontinued them because of drugs but I could be wrong.

@TreasureTownCoins

4 жыл бұрын

I heard something to that effect.

I don't want to be mean but in the first 50 seconds he only blinks one time

@hello_its_me.

2 жыл бұрын

wrong

How i can get one

@TreasureTownCoins

4 жыл бұрын

eBay?

Could you send this to me ... From travel to the east ...

❤

Do you watch jd's variety channel?

@TreasureTownCoins

4 жыл бұрын

Sometimes!

😊

How much 500 A dollars bills and 5000A dollars bills1934..

Let's get this shit right , you dont see us we see you you you so say you see me

Hello - do you have an email as we want to work with you on something?

@TreasureTownCoins

4 жыл бұрын

I do - it's in my contact info section on my channel.

i have 3 here

@hello_its_me.

2 жыл бұрын

your address ??

Those currency bills might be counterfeit. Mail them to me and I will perform a forensic examination of them. Upon completion, I will return them to you.

@nikolovkostadin1727

Жыл бұрын

Yeah, right...

@hello_its_me.

Жыл бұрын

@@nikolovkostadin1727 ha-ha

With the way inflation is going, yes it would not be a bad idea to bring back the $500 dollar bill. Maybe have MLK on it.

@Ink30

Ай бұрын

a non united states president on a bill? Why

@rockyracoon3233

Ай бұрын

@@Ink30. Why not?

Use gloves