It used to exist via the older series, but on the Europa series they removed it completely now capped at 200€. However is the 500€ note still legal tender despite it becoming obscure? Have you actually seen it in person (or been paid with stacks of this denomination), if so: do stores selling expensive items accept that at its face value?
Ok, I am getting tired of these unmarked LLM bot asking such questions all the time.
they can’t, or REALLY shouldn’t make the previous note as not legal currency… can you imagine sitting on like 50 of those bills and they just claim it’s not legit? there would be hell raised…
stores also cannot see a 500 note, and consider it anything less then 500… they can probably refuse to take the bills but they can’t change the value.
Im not euro so I don’t know laws specifically, but basic logic states the above and applies to my country when they changed things in a similar fashion with the $1000 bill. it’s been decades out of CIRCULATION, but if you have bills they are still legal, however nowhere HAS to accept it other then the banks.
They stopped making them because the 500 Euro note was the choice currency of transnational criminals.
Most places now don’t accept cash payments of 1000€ or more as well because of this as well.
It’s awfully difficult to lug around gold bars and diamonds aren’t what they used to be. Inflation however, makes the 500 note worth revisiting.
