Like its smaller cousin, the $500 bill, the $1,000 bill was discontinued in 1969. 4 And like the $500 bill, the $1,000 bill would seem to have a lot more use now than it did then. Why? Inflation, of course. The Consumer Price Index (CPI) was at an estimated 36.8 back in 1969.
Is the US dollar worth more than$ 500?
There are more US$100 bills in circulation than $20 or the $1 banknotes, the €50 banknote in Europe, or the ¥10,000 banknote in Japan. Critics of the current limitation believe that $500 today is worth less than $100 in 1969, and it makes sense to change the law and re-introduce the note.
