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So that it it easier to tell them apart at a glance, minimizing the chance of using too small or too big notes by mistake.
This has happened in various places with notes of too similar color. For instance, the first issuings of the Swedish 20-kronor note was visually very similar to the 100-kronor, leading to large numbers of upset citizens, as they payed with the wrong note without noticing.
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Is there 100000 us bank notes?
No. Only bank notes up to $100 in value are in circulation.
What is a bank of issue?
A bank of issue is a bank which issues its own notes payable to the bearer.
What are bank notes also known as?
Bank notes (paper assurances of money) are also known as bills, notes, or paper money. Notes are generally made from cotton paper and feature many anti-counterfeit measures.
Where can I purchase treasury notes?
You can purchase treasury notes, a.k.a. t-notes, by going to a federal bank. This may include the Bank of America. T-notes are virtually risk free, so there is one pro of investing in them.
What are some of the best places for buying and selling rare bank notes?
Some of the best places for buying and selling rare bank notes are The Right Note, US Rare Currency, Rare National Currency, Numismaster, Antique Bank Notes, eBay and many more.
