cold cash

In the Money: U.S. Currency Trivia
In celebration of the redesigned currency, SaveWealth.com has compiled a collection of little-known facts about the greenback. For instance, the term "greenback" came from non-interest-bearing notes called Demand Notes, issued by the U.S. in 1861. These notes, with their green backs, were used to finance the Civil War.
SaveWealth has done a little more digging around. Thanks to the U.S. Bureau of Engraving and Printing, here are some other little-known facts:

Say No to Recall
Every piece of U.S. paper currency ever issued since 1861 is valid and legal tender. The U.S. has never devalued or recalled currency.

Biggest Bang for the Buck
The highest value paper currency was the $100,000 Gold Certificate. Issued in 1934, these notes never made it into circulation, but were instead used for transfers between the U.S. Treasury and Federal Reserve banks.

Washington As Popular As Ever
Think the $1 bill is insignificant? Think again. One dollar bills account for 45% of all notes printed, making the $1 bill the most commonly printed.

Major Case of Writer's Cramp
In 1861, when the U.S. issued its first major issue of paper currency, each note had to be signed by hand by representatives of the Register of the Treasury of the Treasurer.
Handwritten signatures lasted only one year, when signers complaining of writer's cramp petitioned for new legislation allowing the signatures to be engraved and printed right on the currency.

The Weight of the Bill
Every note, regardless of value, weighs 1 gram. That means 454 bills will equal one pound.

Domestic vs. International
The U.S. dollar is popular around the globe. In the U.S., the $1 and $20 bills are the most common. Around the globe, the $100 bill is the most common.

'Til Death Do Us Print
The U.S. has not changed the historic figures on paper currency since 1929. Should a vacancy open, deceased applicants need only apply. U.S. law, passed in 1866, prohibits portraits of any living person on currency.

Men and Women
Martha Washington has the distinction of being the only woman whose portrait has ever graced U.S. currency. Martha made an appearance on $1 Silver Certificates in 1886, 1891, and 1896.

Talk About Circulation
The government prints roughly 8 billion notes each and every year, enough to stretch around the equator... 30 times.

And Now For Some Perspective
If you could stack 14.5 million dollars, in $1 notes, that pile of currency would reach a mile high.
The projected Federal Budget Deficit for 2005 of $521 billion is enough to build a stack of $1 bills stretching for 35, 931 miles high.
For all things releated to money, check back to SaveWealth.com for the latest news and updates!




Edit: I had a long story here, but deleted. Lets see where others take this, if at all.

According to the US Treasury Department, the largest currency denomination ever printed by the Bureau of Engraving and Printing was the $100,000 series 1934 gold certificate, which featured a portrait of President Woodrow Wilson.


But you couldn't find these in, say, J.P. Morgan's wallet. A limited number were printed at the end of 1934, and they were intended for government use only. By the end of that year there were several other big bucks, including denominations of $500, $1,000, $5,000, and $10,000. These were perfectly legal tender, but mostly used for bank transfers.

Production of these bills stopped around 1946, and in 1969 the government decided to cease using them altogether. The big bills are still around (though mostly in the hands of collectors), and can be used to make a down payment on a plasma TV. However, the U.S. government has made an effort to pull them out of circulation.

The biggest bill still in use is the classic C note -- the $100 bill. The Benjamin was the highest note to survive the 1969 repeal, because by that point electronic money transfer systems had rendered large paper bills unnecessary.

Paper currency was first introduced into the Americas in 1690 by The Massachusetts Bay Colony. Here are some interesting factoids about the US dollar bill (a.k.a. “Greenback”) to keep in mind as you borrow, invest and lend money:

1. 1. Larger bills ($50, $100) can last in circulation up to 8 years
   2. The average life of a dollar bill is just 18 months
   3. 97% of all paper money contains traces of c****** (forbidden term)
   4. Steve Wozniak, co-founder of Apple Computer, is said to use $2 notes from sheets of bills purchased from the U.S. Treasury – he apparently has them bound into book form with the bills as tear-off "pages"
   5. The number 172 can be seen on the back of the U.S. $5 dollar bill in the bushes at the base of the Lincoln Memorial
   6. $20 bills last in circulation for approximately 2 years
   7. $5 bills last in circulation for around 15 months
   8. In 1960, the Federal Reserve had $177.41 in cash circulating for every person living in the US. In 1990, that amount increased to $1,062.86 per capita
   9. The security thread and micro printing found in most currency today were first used in 1990 in the $50 and $100 bills
   10. In 1865, the Department of the Treasury issued Gold Certificates, which were backed by gold and bullion deposits. These certificates stayed in circulation until 1933
   11. On the $1 bill the Latin above the pyramid, ANNUIT COEPTIS, means "God has favored our undertaking”
   12. The Latin below the pyramid on the $1 bill, NOVUS ORDO SECLORUM, means "a new order for the ages”
   13. At the base of the pyramid on the $1 bill you will find “1776” in Roman Numerals
   14. On the $1 bill, you can see an owl in the upper left-hand corner of the "1" encased in the "shield," while a spider is hidden in the front upper right-hand corner
   15. On the new $100 bill, the clock tower of Independence Hall in Philadelphia is shown with the time set at 4:10. According to the US Bureau of Engraving and Printing, “there are no records explaining why that particular time was chosen”
   16. In 1929, US currency was standardized to include portraits on the front and emblems and monuments on the back of all bills.
   17. The first paper notes were printed in denominations of 1 cent, 5 cents, 25 cents, and 50 cents. The government first issued paper currency in 1862 to finance the Civil War and to make up for a shortage of coins stemming from the fact that people hoarded gold and silver coins to achieve a sense of financial security
   18. Almost half, 48 percent, of the notes printed by the Bureau of Engraving and Printing are $1 notes
   19. Present currency measures 2.61 inches wide by 6.14 inches long, and the thickness is 0.0043 inches. Larger sized notes in circulation before 1929 measured 3.125 inches by 7.4218 inches
   20. Martha Washington is the only woman whose portrait has appeared on a U.S. currency note. It appeared on the face of the $1 Silver Certificate of 1886 and 1891, along with the back of the $1 Silver Certificate issued in 1896
   21. If you had $10 billion and spent $1 every second of every day, it would take 317 years for you to go broke
   22. The $20 bill is sometimes called a "double-sawbuck”
   23. The elm tree on back of the $20 bill near the White House represents a real tree in this same location. However, the tree is no longer on the White House grounds because it succumbed to rain-softened ground in 2006
   24. While he appears on the $20 bill, Andrew Jackson actually preferred coins to paper currency
   25. There are no pictures of African-Americans printed on US currency, though five African Americans have had their signatures on currency (as Registers of the Treasury and Treasurer of the United States)
   26. In 1963, the $2 bill and the Federal Reserve Note were changed by adding the motto “IN GOD WE TRUST” to the reverse and removing “WILL PAY TO THE BEARER ON DEMAND” from the front. Also, the obligation on the Federal Reserve Note was changed to its current wording: “THIS NOTE IS LEGAL TENDER FOR ALL DEBTS PUBLIC AND PRIVATE”
   27. The $2 bill was last issued in 2003
   28. You'd need to fold a bill of any denomination about 8,000 times (first forward and then backwards) before it will tear
   29. Most people save $2 bills, thinking they are rare and therefore valuable; they're actually worth... $2
   30. Apparently, enough people go to banks and other businesses to find $2 bills that there’s a name for it: Tom Crawl
   31. The number 13 (corresponding to the 13 colonies) figures prominently on the $1 bill. The number of letters/digits in 1776 (4) and its Roman Numeral equivalent MDCCLXXVI (9) adds up to 13
   32. The dollar has 13 stars above the eagle
   33. There are 13 steps on the Pyramid
   34. There are 13 letters in ANNUIT COEPTIS
   35. E PLURIBUS UNUM contains 13 letters
   36. There are 13 vertical bars on the shield
   37. The top of the shield has 13 horizontal stripes
   38. You can count 13 leaves on the olive branch
   39. There are 13 berries on the olive branch
   40. The dollar bill also features 13 arrows and 13 hats
   41. The Secretary of the Treasury usually selects the designs shown on US currency, unless otherwise specified by an Act of Congress
   42. A world record of $2,255,000 was paid in December 2006 for an 1890 $1000 United States Treasury note. The note features a portrait of Civil War-era General George Gordon Meade, who commanded Union Army troops at the Battle of Gettysburg
   43. Pocahontas appeared on the back of the $20 bill in 1875
   44. Money isn't made out of paper, it's actually made out of linen
   45. A fifty dollar bill is often called a Grant because it features a portrait of Ulysses S. Grant
   46. A $100 bill has many nicknames: C-note, Hundo, Hunksy, Franklin, Ben, Benjy, Benny, Big one, and my favorite: 100 bones
   47. High-denomination bills ($500-$100,000 notes) are technically legal tender, but were last printed in 1945 and officially discontinued on Jul 14, 1969 by the Federal Reserve System
   48. President Richard Nixon halted the circulation of these high-denomination bills in 1969 by Executive Order, in an effort to fight organized crime
   49. The security thread in bills $5 and higher will turn blue if they are held under ultraviolet light
   50. The $1 bill’s famous nickname of “Greenback” derives from the Demand Note dollars created by Abraham Lincoln in the late 1800s to finance the Civil War. These notes were printed in black and green on the back side

Bonus: In 75% of American households, women manage the money and pay the bills.

The U.S. is the only industrialized nation with a paper currency as small as $1. A coin makes more sense in terms of longevity and ease of use in vending machines. The smallest bank note is 5 dollars (US$5.10) in Canada, 5 euro (US$7.08) in Europe, 1000 yen (US$12.38) in Japan, and 5 pounds (US$8.12) in Britain. However, numerous attempts to get the American public to use a $1 coin have failed.

Silver dollar coins

• Flowing Hair Dollar 1794–1795
• Draped Bust Dollar 1795–1803
  • Draped Bust, Small Eagle 1795–1798
  • Draped Bust, Heraldic Eagle 1798–1803, 1804 (not a regular issue)
• Gobrecht Dollar 1836–1839
• Seated Liberty Dollar 1840–1873
  • Seated Liberty, No Motto 1840–1865
  • Seated Liberty, With Motto 1866–1873
• Trade Dollar 1873–1878 (Business & Proofs struck), 1879–1885 (Proof Only)
• Morgan Dollar 1878–1904, 1921
• Peace Dollar 1921–1935
  • Peace Dollar (High Relief) 1921
  • Peace Dollar (Low Relief) 1922–1928, 1934–1935
• American Silver Eagle 1986–present

Gold dollar coins

• Liberty Head (Small Size) 1849–1854
• Indian Head (Large Size) 1854–1889
  • Small Indian Head 1854–1856
  • Large Indian Head 1856–1889

Copper-nickel clad dollar coins

• Eisenhower Dollar 1971–1974, 1977–1978
  • Eisenhower Bicentennial 1975–1976 (all dated 1976)
• Susan B. Anthony dollar 1979–1981, 1999

Manganese brass dollar coins

• Sacagawea Dollar (eagle reverse) 2000–2008
• Presidential Dollar Coin 2007–present
• Sacagawea Dollar (Native American series) 2009–present

WOW I must have a dirty mind. I should have save it. It was about the relation between past and current price of a provider. And what notes where most used at the time. Starting at the time when coin was no longer a factor. And how ATM's looked to have effected price when every bank had one till now.
Domestic vs. International
The U.S. dollar is popular around the globe. In the U.S., the $1 and $20 bills are the most common. Around the globe, the $100 bill is the most common.(mmmm getting less so)


And thinking how much longer can ATM just put out twenty's. May need to add ten's and fifty's. Maybe even Ben's c-note, and fives.

Hay few providers offer to make change. And if they did, always going to the bank for fives and tens would look bad. And all the twenty's get to be a pain.

you forgot what most guys call the $1 bill... Stripper bait ;-)

you forgot what most guys call the $1 bill... Stripper bait ;-) Originally Posted by Kittens_Inc

And the only thing that has not gone up.