Mar 29, 2018

[Ans] Who is pictured on the U.S. $5,000 bill?

Step 1 : Introduction to the question "Who is pictured on the U.S. $5,000 bill?"



... The largest denomination Federal Reserve note ever issued for public circulation was the $10,000 note. On July 14, 1969, the Federal Reserve and the Department of the Treasury announced that banknotes in denominations of $500, $1,000, $5,000, and $10,000 would be discontinued due to lack of use.A




Step 2 : Answer to the question "Who is pictured on the U.S. $5,000 bill?"



James Madison:


The $5,000 bill and other large bills, like the $500 and $1,000 bills, were last printed in 1945. Production ended officially in 1969 because they were never used anymore. The $5,000 bill pictured the fourth president of the United States James Madison. The bills are still considered legal tender and still in circulation, with most now held in private collections. The only large bill no longer in circulation is the $100,000 bill. It was never exchanged in the general public arena, its use reserved for "fiscal channels." Source: Bankrate.com


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