![]() ![]() The primary reason being how much easier it was to purchase war supplies with large denominations. ![]() High denomination notes became very common amongst confederate states during the war of 1812 and the Civil War. Virginia also produced a confederate $500 note in the same year. It was issued in May of 1780, in the Province of North Carolina. The first $500 note produced was actually a confederate $500 dollar bill. ![]() Here is some more information on this popular collectible currency. However, I’d strongly recommend against doing so, because its value as a collector’s item far exceeds $500. bills in existence, with the others being the $1,000, $5,000, $10,000, and $100,000 dollar bills.Īlthough the $500 bill was taken out of circulation in 1969, it is still considered legal tender and can be used in day-to-day transactions. First printed in 1780, it was one of a small number of large denomination U.S. $500 bill is one of the rarest large denomination bills ever created. In this post, I will share the history of the $500 bill, explain who is on the $500 dollar bill, tell you how much a $500 bill is worth and much more. ![]() Today, these notes are highly valuable collector’s items that are worth keeping an eye out for. $500 bill have been in circulation within the United States. Over the years, several versions of the U.S. Is there really a 500 dollar bill? You would be right to be skeptical, but the answer is yes. ![]()
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