What is a c note?
The C Note is an informal term used for a 100 dollar bill in the U.S. currency. The term ‘C’ refers to numeral 100 in Roman, and the term ‘note’ refers to the bill. By the same logic, the slang word for a five-dollar was ‘V’ and for ten dollars was ‘X’ during the 19th century in America. The term C note became popular in movies from the 1920s to the 1930s.
The term ‘C’ in Roman has come from the Latin word “centum” which means one hundred.
C Note Money- Benjamin Franklin
The C note or hundred dollar bill refers as “Bens“, “Benjamins“, or “Franklins“, as the portrait of American founding father Benjamin Franklin is printer on the bill.
History of $100 bill
Once, there was a time when the U.S. Federal Reserve was issuing notes of $500, $1,000, $5,000, $10,000, and even $100,000. It helped in financing the Revolutionary War.
The U.S. government didn’t officially print $1,000 notes until the beginning of the Civil War. Actually, the $1,000 greenback and bigger denominations stopped printing by 1946, yet these bills continued flowing until the Federal Reserve decided to recall them in 1969.
With large dominations, money laundering became much easier for criminals. Also, paper dollars became less valuable. Therefore, on 14th July 1969, President Richard Nixon announced the removal of large denominations. After the removal of larger domination, the one-hundred-dollar bill was the largest denomination left for circulation.
Historical Figures Are on U.S. Money
Benjamin Franklin is regarded as America’s founding father. Therefore, a 100 dollar bill features a portrait of Benjamin Franklin since 1914 to celebrate his contributions to American history. After the removal of bigger denominations, a hundred dollar bill is the largest denomination banknote in the United States.
The basic designs of the U.S. currency in modern circulation were chosen in 1928. The previous versions of notes (including Interest Bearing notes) featured
- George Washington
- A bald eagle
- Abraham Lincoln
- Thomas Hart Benton
- James Monroe
- David G. Farragut
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