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100 Dollars - Commonwealth of Kentucky

Issuer United States
Year 2022
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Currency Dollar (1785-date)
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Obverse description Central vignette of Man o' War (1917–1947), the celebrated Thoroughbred racehorse, set against a vignette of the Kentucky Derby grandstand and a 'Welcome to Kentucky' sign with a hot air balloon in the background. An eagle hologram and the state motto 'United we stand, divided we fall' appear alongside multicolour guilloche underprint. The note bears the inscription 'COMMONWEALTH OF KENTUCKY' with the state's founding year 1792 and the overprint 'THIS NOTE IS NOT LEGAL TENDER'.
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Protection type Hologram
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Comments

The "Commonwealth of Kentucky" designation on this note reflects a longstanding American quirk: four U.S. states — Kentucky, Virginia, Massachusetts, and Pennsylvania — are technically commonwealths, a distinction that carries no functional legal difference at the federal level but occasionally surfaces in currency-adjacent documents and novelty issues. This is not a Federal Reserve note. The 2022 date and Kentucky attribution place it firmly in the category of fantasy or novelty currency — no state government in the United States has issued paper money since the Civil War era, when state-chartered bank notes were effectively killed off by the 1865 federal tax on them.

The hologram security feature is a common inclusion on novelty pieces manufactured to look semi-official.