No. Nothing close to that description was ever made.
The US did print special 1934 $100,000 gold certificates but these were never circulated. There are many novelty items and counterfeits that try to play off the fame of those certificates but none of them are worth more than the paper they're printed on.
That would be an illegal issuance of debt by the US Federal Reserve, which is not authorized to do so by the Federal Reserve Act of 1913 or any subsequent legislation.
The largest federal reserve note (currency) every printed was $100,000 and was only used inside the banking system. For more information on this currency item, please review the FAQ at http://www.treas.gov/ opc/ opc0034.html "What was the largest currency denomination every produced?" I have one coin. If you want I can give you the actual image of the coin. You can actually send me an email to booters_boot68@yahoo.com. By the way, I found the coin while I'm making a pit for waste materials 12 years ago, and I believe that this coin is not fake. It has a serial number starting with D000.... It's a 1934 Cleveland Federal Reserve Bond. With a denomination of $500 Million Dollars.
The value of a Federal Reserve Bond Series 1934 would depend on several factors, including its condition, rarity, and current market demand for similar bonds. While the face value is $500 million, it is unlikely to be worth that amount in the market. Collectors and investors would typically assess its worth based on historical significance and collectible value, which could be substantially lower than the face value. For a precise valuation, consulting a financial expert or appraiser specializing in historical bonds would be advisable.
In novelty shops, yes. In genuine currency, no.First, the largest bill ever printed was worth $100,000 and was used only for transferring money between government departments. The largest circulating bill was worth $10,000 and only a very few were ever issued or used.Second, there isn't now and never was anything called a "Federal Reserve Bond", just Federal Reserve Notes. That discrepancy alone indicates any such bill is joke item and not a real banknote.
When the Federal Reserve sells a treasury bond to a bank, it effectively reduces the reserves that the bank has available. This decrease in reserves can lead to higher interest rates for loans, as banks may need to charge more to cover the reduced liquidity and the demand for loans. Consequently, borrowers might face increased borrowing costs in the form of higher interest rates on loans.
Is there Any Federal reserve bond of 1Billion dollar during second world war??
Q - Can you see Federal Reserve bond 1934 series US 500000000. NO. Actually you could, but if you saw one it was fake, as there is no such thing as a "Federal Reserve Bond".
No, because no such bond exists.
Yes, i had treasury federal reserve bond series 1934 pensylvania bank c.....3...........................e
No, there are no half billion dollar bills out there! This is an old scam.
No, you cannot. No such bond has ever been issued. Anything you do find with that denomination is either a fake or a novelty item.
That would be an illegal issuance of debt by the US Federal Reserve, which is not authorized to do so by the Federal Reserve Act of 1913 or any subsequent legislation.
http://www.savings-bond-advisor.com/federal-reserve-banks-that-handle-savings-bonds-transactions/ http://www.savings-bond-advisor.com/federal-reserve-banks-that-handle-savings-bonds-transactions/
The largest federal reserve note (currency) every printed was $100,000 and was only used inside the banking system. For more information on this currency item, please review the FAQ at http://www.treas.gov/ opc/ opc0034.html "What was the largest currency denomination every produced?" I have one coin. If you want I can give you the actual image of the coin. You can actually send me an email to booters_boot68@yahoo.com. By the way, I found the coin while I'm making a pit for waste materials 12 years ago, and I believe that this coin is not fake. It has a serial number starting with D000.... It's a 1934 Cleveland Federal Reserve Bond. With a denomination of $500 Million Dollars.
The value of a Federal Reserve Bond Series 1934 would depend on several factors, including its condition, rarity, and current market demand for similar bonds. While the face value is $500 million, it is unlikely to be worth that amount in the market. Collectors and investors would typically assess its worth based on historical significance and collectible value, which could be substantially lower than the face value. For a precise valuation, consulting a financial expert or appraiser specializing in historical bonds would be advisable.
In novelty shops, yes. In genuine currency, no.First, the largest bill ever printed was worth $100,000 and was used only for transferring money between government departments. The largest circulating bill was worth $10,000 and only a very few were ever issued or used.Second, there isn't now and never was anything called a "Federal Reserve Bond", just Federal Reserve Notes. That discrepancy alone indicates any such bill is joke item and not a real banknote.
The cost of borrowing money.^%