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The E-Sylum:  Volume 6, Number 13, March 30, 2003, Article 16

JUMBO DENOMINATION NOTES

  Ken Berger writes; "I was rereading David Ganz's comments
  on the currency notes of denominations above $100.  He
  stated that "On July 14, 1969, the Department of the Treasury
  and the Federal Reserve System announced that currency
  notes in denominations of $500, $1,000, $5,000, and
  $10,000 would be discontinued immediately due to lack of
  use." I always found this interesting, since today such large
  denominations would seem to be much more useful than they
  were in the past. I wonder if the reason stated by the Treasury
  is the real reason."

  Wayne Homren, Editor

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