Facts About American Dollar Bills
Since we are nearing the Fourth of July, I thought I'd post a fun thread about the American dollar bill! My last Fourth of July post gave some general facts about the American flag, so I thought I'd do the same with dollar bills.
Bills In Circulation
Currently in circulation, there are:
11.7 million one dollar bills
1.2 million two dollar bills
2.8 million five dollar bills
1.9 million ten dollar bills
8.9 million twenty dollar bills
1.7 million fifty dollar bills
11.5 million hundred dollar bills
Above info according to the Fed.
It's crazy that there are so many more 100 dollar bills than every bill other than the 1 dollar bill!
Price To Produce Each Bill
$1 and $2 dollar bills cost 5.4 cents per note
$5 dollar bills cost 11.5 cents per note
$10 dollar bills cost 10.9 cents per note
$20 dollar bills cost 12.2 cents per note
$50 dollar bills cost 19.4 cents per note
$100 dollar bills cost 15.5 cents per note
Above prices according to the Fed.
Dollar Bill Mint Marks
The letter in the seal and the number to the left of the letter represent where the bills were minted.
The mint marks are the following:
Bank, seal letter, district number
- Boston A 1
- New York B 2
- Philadelphia C 3
- Cleveland D 4
- Richmond E 5
- Atlanta F 6
- Chicago G 7
- St. Louis H 8
- Minneapolis I 9
- Kansas City J 10
- Dallas K 11
- San Francisco L 12
For example, the bill above has the letter "G" circled above, which means it was minted in Chicago, with the number "7" to the left of it.
Fun Facts
- The only time a woman was on a paper bill was in 1896 when Marsha Washington, George Washington's wife, was on the $1 bill.
- According to the Bureau of Engraving and Printing, you can get the full value of your paper money back if "Clearly more than 50 percent of a note identifiable as United States currency is present, along with sufficient remnants of any relevant security feature and clearly more than one-half of the original note remains; or,
- Fifty percent or less of a note identifiable as United States currency is present and the method of mutilation and supporting evidence demonstrate to the satisfaction of the Treasury that the missing portions have been totally destroyed."
- According to a study, 94 percent of paper money is contaminated with bacteria that cane cause disease in people with weak immune systems.
- Harriet Tubman will soon replace Andrew Jackson on the front of the $20 bill.
- According to treasury.gov, the U.S. produces about 24.8 million bills a day with a face value of approximately $560 million.
Hope you learned something new! Let me know what you think!
I really appreciate all of the cool facts that you presented. There is a history related to our money that most of us take for granted.
I just wished that the $560 million that is produced everyday was backed by something more than air and trust. That would be a great fact!
Me too! That's why crypto is so great! Thanks for checking out the post!
Amazing facts thank you for sharing!
Thanks for checking it out!
At least your notes are still worth something , the Rand here in SA is worthless and sinking deeper by day
Crypto to the rescue?
For sure. Im even dabbing into mining with any machine i got at the moment lol
Not a bad idea!
Interesting! I wonder why the $50 is more expensive to produce than the others? Seems like the denomination and cost to make trend upward normally until that bill. Nice facts for our upcoming holiday! Cheers bud.
Yeah, that is strange. Thanks for checking it out!
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by lyonsolntsev from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, and someguy123. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you like what we're doing please upvote this comment so we can continue to build the community account that's supporting all members.
@lyonsolntsev got you a 100.0% @minnowbooster upvote, nice!
Want a boost? Click here to read more!