United States five-hundred-dollar bill

Since 1969 banks are required to send $500 bills to the United States Department of the Treasury for destruction.

On July 14, 1969, the United States Department of the Treasury announced that all notes in denominations greater that US$100 would be discontinued.

Chief Justice of the United States John Marshall appears on the obverse of the 1918 five-hundred-dollar bill.

[4] In 2017 American economist Jay Zagorsky suggested that the United States should reissue the $500 bill.

He suggested that a disaster could shut down commerce and the high denomination bill could ensure against an economic collapse.