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Production of high denomination bills was stopped in 1945 and distribution was stopped in 1969 because there was very little demand for them at the time.

Since then inflation has eroded purchasing power to the point that some higher-denomination bills could be justified in ordinary commerce, but the government is reluctant to print them because they could also be used to easily transfer large amounts of money for criminal activities. By forcing large-value transactions to be made electronically or to use lots of smaller bills, it's easier to track illegal purchases.

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Q: Why is the 10000 bill no longer printed?
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Related questions

What president was on 10000 bill?

There is no $100000 bill in the US. The biggest is $100.


What president and bill or coin that they appeared on even if the coin or bill is no longer made?

Penny: Abraham Lincoln Nickel: Thomas Jefferson Dime: Franklin D. Roosevelt Quarter: George Washington Half dollar: John F. Kennedy Silver dollar: Dwight D. Eisenhower (no longer minted) Small dollar: George Washington through Chester A. Arthur (as of March 2012) $1 bill: George Washington $2 bill: Thomas Jefferson $5 bill: Abraham Lincoln $10 bill: Alexander Hamilton (not a president) $20 bill: Andrew Jackson $50 bill: Ulysses S. Grant $100 bill: Benjamin Franklin (not a president) $500 bill: William McKinley (no longer printed) $1,000 bill: Grover Cleveland (no longer printed) $5,000 bill: James Madison (no longer printed) $10,000 bill: Salmon P. Chase (not a president, no longer printed) $100,000 bill: Woodrow Wilson (no longer printed)


What was the last year that the 10000 bill was printed?

The last series was dated 1934.See : http://moneyfactory.gov/100002greendenom.htmlDan MooreThe Working Man's Rare Coinshttp://www.workingmancoins.com


What is the value of a 1934 A US 10000 dollar bill?

Only a few 1934 A $10000 bills were printed and none were released to general circulation. It's almost certain you have a replica, but it might be worth having it examined in person by a currency dealer or appraiser.


What is the value of a 10000 dollar Federal Reserve Note?

Please post a new, separate question with the bill's date. $10000 Federal Reserve Notes were printed in the 1918, 1928, and 1934 series. All are extremely rare so it's crucial to determine whether your bill is genuine. That will require an in-person examination by a currency expert.


Once a bill is approved what office is the bill printed by?

After a bill is approved it is printed by the Government Printing Office (GPO). ~Kevin


Is Bill Gates on the thousand dollar bill?

No, none of the modern presidents are pictured on any US currency with the exception of the presidential quarters. The face of President Grover Cleveland was printed on the $1,000.00 bill, but it is no longer in circulation.


What two denominations of bills do not have presidents on them?

The 10 and 10000 denominations. The 10 dollar bill has Alexander Hamilton on it and the 10000 dollar bill has Salmon P. Chase on it.


Is there a 2003 us millennium note one million dollar bill?

No, there is no 2003 US Millennium Note with a one million dollar denomination. The highest denomination US bill ever printed for public circulation was the $10,000 bill, which was last printed in 1945 and is no longer in circulation. The highest denomination bill currently in circulation is the $100 bill.


Did Canada have a 10000 bill?

yes


What is the value of a 1934 US 10000 bill?

As of 2013 a genuine $10,000 bill would sell for 30 to 45 thousand dollarsm but it's extremely unlikely your bill is real. $10,000 was an enormous amount of money in 1934; very few such bills were printed and they were used only by the super-wealthy.


Is there a 5000 dollar bill?

Yes, there used to be a $5000 bill in the United States, but it was last printed in 1945 and is no longer in circulation. However, the bill can still be legally used as a form of currency. Due to its rarity, it is highly valuable to collectors and is no longer used for everyday transactions.