answersLogoWhite

0


Best Answer

If it says it's an American bill I have 3 words: Fake, fake, and fake.

The largest genuine U.S. bill ever printed for circulation was worth $10,000. The largest bill printed today is all of $100. There are plenty of fantasy and novelty "bills" that you can buy from a catalog for a couple of bucks, but they're just that - novelty items worth about as much as the paper they're printed on.

Countries that suffered hyperinflation like Zimbabwe and 1920s Germany issued high-denomination bills but they're nearly or completely worthless because they came from ruined economies. For example, German bills from 1923 run up into the trillions of marks but sell for only a couple of euros today.

User Avatar

Wiki User

15y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Are the billion dollar bills still valid?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Finance

Are any US bills no longer accepted?

Technically all federally-issued bills are still valid, but in practice gold certificates and large-size bills (pre-1920s) would be extremely difficult to spend because no bank or store is set up to handle them. And in any case, spending bills like that at face value wouldn't be a very good idea because they're worth more to collectors.


Is your woolwich passbook still valid?

Found my late husbands Woolwich Building Society book dated 1996 is it still valid?


Do US Dollar bills expire?

No, they will remain a valid currency. In over a century, the only time the US ever withdrew any paper money occurred in 1933 when the country went off the gold standard and a form of paper money called gold certificates had to be exchanged for other bills. Technically all forms of paper money can still be spent but (a) most people wouldn't recognize anything older than 20 or 30 years and (b) a lot of older bills are worth more as collectibles than their face value However, paper money does wear out. When a bank receives a worn bill it's returned to the Federal Reserve system. Money deposited with a Federal Reserve Bank will be evaluated for quality and will be replaced if they do not meet strict standards. As of 2015, $1 and $5 bills have the shortest lifespans (4 to 5 years, depending on the source cited) while $100 bills are in circulation the longest (about 15 years).


Can a US 2 dollar bill be cashed?

Very definitely. It's a valid denomination of US currency and can be taken to a bank or spent the same as any other paper money.Regardless of popular misconceptions, $2 bills have neverbeen discontinued or withdrawn, nor are there plans to do so. The Treasury continues to print them as needed; the most recent series started in 2013.


Do you owe a debt that is no longer reported on a credit report?

Yes, the debt is still valid and collectible.

Related questions

Are the old dollar bills still valid in US?

Yes!


Are 100 Dollar US bills dated 1999 still valid?

Yes. All US Dollar banknotes issued since 1861 are still valid.


Is 1994 US Dollar bill valid?

There are no U.S. dollar bills dated 1994, but all U.S. currency from the 1990s is still legal tender at face value.


Are two dollar bills a valid form of currency?

not anymore. most people saved the 2 dollar bills like ethel.


Are one million dollar bills valid currency?

No, though it did exist at one time.


Are two dollar bills with overlays legal tender?

They're technically considered to be altered bills so a merchant would be justified in refusing to take one in payment. However a bank may be able to replace the bill if it's still recognizable as a valid note.


Is the new US 100 dollar bill going to be used along with the old one?

Yes, existing $100 bills are still valid. Unlike many other countries, the US doesn't formally withdraw old bills when new designs are introduced. Old bills continue to circulate until they wear out. When banks receive a worn-out bill it's returned to the Treasury for destruction.


Is a US 2 dollar bill valid currency?

Yes, a US $2 bill is considered valid currency. It is printed and circulated by the US Department of Treasury, just like other denominations of US currency. While not as commonly seen in circulation as other bills, it is still legal tender and can be used for transactions.


Is the US dollar denomination 100 series 1985 can still be used for the transaction?

Yes, the 100 dollar denomination was changed for security and was NOT demonetized. As long as that note is not counterfeit it if valid.


Is the universal laws of gravitation and motion still around today?

The laws are still valid, yes.The laws are still valid, yes.The laws are still valid, yes.The laws are still valid, yes.


Why were US 2 dollar bills removed from circulation?

Oh. but they haven't been!It's a valid denomination of US currency and can be spent the same as any other paper money.Regardless of popular misconceptions, $2 bills have neverbeen discontinued or withdrawn, nor are there plans to do so. The Treasury continues to print them as needed; the most recent series started in 2013.$2 bills only make up about 1% of all bills in circulation but that's still hundreds of millions of bills over the years. They may be uncommon but they're definitely not rare.


When was the US 2 dollar bill discontinued?

Regardless of popular misconceptions, $2 bills have neverbeen discontinued or withdrawn, nor are there plans to do so. The Treasury continues to print them as needed; the most recent series started in 2013. It's a valid denomination of US currency and can be spent the same as any other paper money.$2 bills only make up about 1% of all bills in circulation but that's still hundreds of millions of bills over the years. They may be uncommon but they're definitely not rare.