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Can you spend a 1000 bill?

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Anonymous

15y ago
Updated: 5/22/2022

The US has never withdrawn any currency except Gold Certificates, so technically a $1000 bill is still legal tender.

More importantly, though, is WHY would anyone spend one? Depending on its date and condition, the collector value of a $1000 bill can be much higher than $1000, so spending it would cause you to lose all of that extra value. Far better to sell it to a collector or dealer, spend $1000 of what you receive and keep the rest as profit.

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Can you spend a 1000 dollar bill?

The US has never withdrawn any currency except Gold Certificates, so technically a $1000 bill is still legal tender.More importantly, though, is WHY would anyone spend one? Depending on its date and condition, the collector value of a $1000 bill can be much higher than $1000, so spending it would cause you to lose all of that extra value. Far better to sell it to a collector or dealer, spend $1000 of what you receive and keep the rest as profit.


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