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Old June 20th 08, 09:02 AM posted to uk.transport.london,uk.railway,misc.transport.urban-transit
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Default 500 euro note was How much was a ticket for the underground in the 60s?

On 19/06/2008 at 23:33:56 (%mail)wrote: in
uk.railway

"Mark Brader" wrote in message
...

Neither were the $100,000 US ones. The largest US denomination for
general circulation is the $10,000, last issued around 1944 (but
still valid if you have any, as the US does not demonetize old
issues). The highest denomination still printed in the US dropped
again around 1969 from $1,000 to $100, and Canada copied that move
in about 2000, in both cases on the grounds that criminals would be
inconvenienced and most other people would not.


It seems that people and businesses feel a bit uneasy about the
500-euro note, as if it has some sort of stigma attached to it.


The 500 euro note seems to have been designed for wealthy Germans to
transport undeclared cash to and from their Luxembourg bank accounts.

Richard Hunt

 
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