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2025-01-14 00:55:33

matta on Nostr: the $100,000 bill, known as the Gold Certificate Series 1934, featured President ...

the $100,000 bill, known as the Gold Certificate Series 1934, featured President Woodrow Wilson and was used exclusively for transactions between Federal Reserve Banks, never entering public circulation.

Authorized during the Great Depression, it was primarily used to back large-scale gold reserves at a time when the U.S. was on the gold standard. While no longer in use, these bills remain legal tender but are held by institutions or preserved as historical artifacts.
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