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There's never been a $3 bill in the set of standard denominations printed by the U.S. government. That's one reason for the expression "phony as a 3-dollar bill", because any that you found would have to be fake. It's also taken on an unfortunate pejorative meaning in modern slang usage.

OTOH a lot of local and private banks issued bills in all sorts of unusual denominations. In particular, $3 bills were printed in Texas during the time that the state was an independent republic.

Finally, the U.S. did issue a $3 coin from 1854 to 1889. Legend has it that the peculiar denomination was intended to simplify the purchase of panes of 100 first-class postage stamps, which cost 3¢ each at the time. That hypothesis is shaky because it was very uncommon for people to purchase such a large quantity of stamps at one time.

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16y ago

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Do three dollar bills exist?

Three dollar bills exist but they were never issued by the US government, although the US issued a three dollar coin from 1854 to 1889. Earlier, some colonies printed three dollar bills. When banks were allowed to print money in the early days of the US, some printed legitimate, legal three dollar bills. The Confederacy also produced three dollar bills.


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