Change for a Ten Thousand

December 27, 2015  •  Leave a Comment

Until 1969, it was possible to get change for a $10,000 bill. On its face was Salmon P. Chase, in charge of creating the first folding money issued by the federal government. Chase put his own face on the first $1 bill ever issued by the United States. During the Civil War, as Secretary of the Treasury, Chase issued greenbacks, paper money not backed by gold or silver, to avoid going into debt to private banks or unpopular taxes. After the war, when Chase became Chief Justice of the Supreme Court, he declared his own war money unconstitutional. In 1869, George Washington became the second face on the dollar bill.

If you come across one of the three hundred or so $10,000 bills around today, you'll get much more than that in change.


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