Virginia quickly followed suit and authorized the printing of 500 and 1000 notes on October 16 1780 and 2000. The first 500 note was issued by North Carolina authorized by legislation dated May 10 1780.
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President 17891797 George Washington based on the Athenaeum Portrait a 1796 painting by Gilbert Stuart is currently featured on the.
. Large-denomination currency ie banknotes with a face value of 500 or higher had been used in the United States since the late 18th century. Fractional currency notes in 1876. The United States one-dollar bill 1 sometimes referred to as a single has been the lowest value denomination of United States paper currency since the discontinuation of US.
An image of the first US.
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