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1 000 000 Dollars International Association of Millionaires
| Issuer | International Association of Millionaires (IAM) |
|---|---|
| Year | 1988 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Dollar (1785-date) |
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| Obverse description | Central vignette of a Liberty portrait framed by elaborate guilloche scrollwork in green intaglio. Treasurer's signature with IAM seal at left, Secretary's signature with plain green seal at right. Denomination panels at all four corners with ornate lathe-work borders. |
|---|---|
| Obverse lettering | 1,000,000 THE UNITED STATES OF AMERICA 1,000,000 THIS CERTIFICATE OF WEALTH IS NOT A REPRESENTATION OR FACSIMILE OF ANY PAST OR PRESENT U.S. FINANCIAL OLBIGATION ONE MILLION LIBERTY 1,000,000 ONE MILLION DOLLARS 1,000,000 |
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| Comments |
The International Association of Millionaires was a mail-order novelty club operating in the late 1980s that issued these million-dollar notes as membership premiums — not legal tender by any stretch, but printed with enough production quality to raise eyebrows. American Banknote Corporation, which held genuine currency contracts with dozens of sovereign governments, took on commercial novelty work during this period as a revenue supplement. That a firm printing notes for actual central banks was also running sheets of IAM millions is a small, undignified footnote in ABC's otherwise serious institutional history.