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WebThe $1000 bill is the largest U.S. currency denomination. The $1000 bill was first issued by the Federal Reserve in 1929 and could be exchanged for gold coins at any bank until 1933 when President Franklin D. Roosevelt ordered all gold to be turned in as part of his New Deal laws. Understanding The $1000 Dollar Bill In 1948, due to hyperinflation caused by the ongoing event of World War II, the Japanese were forced to issue higher denominations of their fiat peso. The banknotes ceased becoming legal tender after the liberation. The Central Bank of the Philippines introduced the one thousand peso denomination in December 1991. The note features the portraits of former Chief Justice José Abad Santos; Josefa Llanes Es… collierville new high school
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