11. Which former US president is pictured on the US $500 bill? This bill is no longer being printed, but some still exist and they are still legal tender. (Hint: He was president during the Spanish-American war.)
From Quiz 25 Questions about US Presidents
Answer:
William McKinley
McKinley was the 25th US president. Four other high-denomination US bills still in existence (primarily as collectors' items) are the $1,000 (Grover Cleveland), $5,000 (James Madison), $10,000 (Salmon P. Chase-Treasury Secretary under Abraham Lincoln, never a US president) and $100,000 (Woodrow Wilson). The need for these large denominations decreased substantially once check writing and electronic fund transfers became commonplace. If you would like to see pictures of these bills, search for: Large denominations US currency.
Historical note:
Benny Binion, former owner of the Horseshoe casino in Las Vegas, Nevada, used to display 100 of the $10,000 bills behind thick glass (as an attraction for potential gamblers in his casino). In the late 1990s the Binion family ran into tax problems and auctioned off the display to private collectors, with current values per bill of well over $100,000 each!