Knowledge (XXG)

Banknotes of the United States dollar

Source πŸ“

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had issued its own paper money, most often denominated in British pounds, shillings and pence. In 1776, the newly created United States issued currency which was bought by people who wanted to support the war (it was promised that the currency could be redeemed for Spanish milled dollars once the war
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denomination, were special in that their interest (4% per annum) did accrue indefinitely, which was meant as a way to persuade people into buying them. However, as very few of these notes were redeemed, in 1907 Congress passed an act stopping the accrual of interest, fixing the value of the notes at
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National Bank Notes were issued by banks chartered or authorized to do so by the Federal Government. The charter expired after 20 years, but could be renewed. They were of uniform appearance except for the name of the bank and were issued as three series or charter periods: 1869–1882, 1882–1902, and
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After the Federal Reserve System was created in 1914, alongside Federal Reserve Notes, which are liabilities of the Federal Reserve System as a whole, Federal Reserve Bank Notes were issued. They were liabilities of only the Federal Reserve Bank which issued them. In 1929, like other kinds of notes
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Silver certificates were issued from 1878 through 1964 and were redeemable in silver coin through 1967 and thereafter in raw silver bullion. Since 1968 they are not redeemable in anything but Federal Reserve Notes. They were removed from circulation in 1964, at the same time as silver coins. They
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Federal Reserve Notes were first issued in 1914, and are liabilities of the Federal Reserve System. They were redeemable in gold until 1933. After that date they stopped to be redeemable in anything, much like United States Notes (which later led to the halting of the production of United States
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United States Notes, also known as Legal Tender Notes, succeeded Demand Notes as the main currency form of the United States. They were not redeemable but were receivable for all taxes and debts, which is what persuaded people to circulate them. They had a red seal and were originally issued in
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would end). At first, the banknotes circulated at par with the stated value, however after a few months they started depreciating until they became almost worthless. The United States agreed to redeem the notes for treasury bonds at 1% of the face value. The issued denominations ranged from
906:. In 1934, when Federal Reserve Notes stopped being redeemable in gold, the only difference between them and Legal Tender Notes was that the first were liabilities of the Federal Reserve while the latter were direct liabilities of the United States Treasury Department. The 1193:
National Gold Bank Notes were issued by private banks, mostly from California. The concept is similar to that of the National Bank Notes, the difference being that National Gold Bank Notes were redeemable in gold. They were issued from 1870 to 1875 in denominations of
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for better protection. The U.S. government decided to substitute paper currency of denominations under a dollar for coins in order to solve the problem. The denominations issued were 3Β’, 5Β’, 10Β’, 15Β’, 25Β’ and 50Β’. There were five issues of fractional currency.
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Demand Notes are considered the first paper money issued by the United States whose main purpose was to circulate. They were made because of a coin shortage as people hoarded their coins during the American Civil War and were issued in denominations of
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These notes were issued in 1890 and 1891 and were redeemable for coins. It was the decision of the Secretary of the Treasury whether the coins would be silver or gold. They were originally issued in denominations of
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Silver Certificate after that type of currency had been discontinued. Since United States Notes were discontinued in 1971, Federal Reserve Notes are the only type of currency circulating in the US. In 1976, a
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denomination of United States Note was officially discontinued. The denomination proved to be unpopular and is now treated as a curiosity, although it is still being printed. Starting 1996, all notes except
1304:. The small notes were made with a blue seal, except for notes made as an emergency issue for American soldiers in North Africa during World War II, which were made with a yellow seal, as well as a 741: 2114: 1040:, they were recalled to be redeemed for United States Notes. They were issued in large size through 1929 and in small size thereafter. They were originally issued in denominations of 930:
US note was issued to meet legal requirements about the amount of notes in circulation. In 1971 the production of US notes was halted and they were officially discontinued in 1994.
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In 1863 and 1864, compound interest treasury notes were issued. They paid out 6% annual interest compounded semi-annually 3 years after their issue. Their denominations were
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Notes). They switched to small size in 1929 and are the only type of currency in circulation today in the United States. They were originally printed in denominations of
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notes were issued in 1878 and have not been issued anytime after. United States Notes switched to small size in 1928 and were introduced in denominations of only
128:, although the motivation behind their issuance was funding federal expenditures rather than the provision of a circulating medium. In 1861, the US began issuing 2297: 1686: 1681: 1675: 1813: 827:. They were redeemable in coin. They were replaced by United States Notes in 1862. After the war ended paper money continued to circulate until present day. 1076:
note which was used only for inter-bank transactions was also issued in 1934 but never made available to the general public. It is still illegal to own.
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silver and gold coins were hoarded by the public because of uncertainty about the outcome of the war. People began to use postage stamps instead,
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that have been issued. But at some points in the past, the United States had multiple different types of banknotes, such as
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were issued in large size through 1929 and in small size thereafter. They were originally issued in denominations of
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they switched to small size. They were discontinued in 1934 and no longer available from banks since 1945.
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were redesigned to have a larger portrait of the people depicted on them. Since 2004, all notes (except
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motivated an emergency reissue, but they were discontinued in 1933. The denominations issued were
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Gold certificates were issued from 1865 through 1934 and were redeemable in gold coin. Following
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These images are to scale at 0.7 pixel per millimetre. For table standards, see the
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notes are common from most issuing banks. Only three remaining examples of the
1088:$ 10 National Bank Note issued by the First National Bank of Hawaii in Honolulu 2252: 2187: 1752: 1486: 1308:
note made for use only in Hawaii during World War II, which had a brown seal.
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notes were added in 1882. Small size notes were only made in denominations of
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denominations were last printed in 1945 and discontinued in 1969, making the
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being by far the most common, with 427 examples known, and the
17: 1026:$ 20 large-size gold certificate, depicting George Washington 918:
note was only available as a United States Note. In 1966 the
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Refunding Certificates, issued only in 1879 and only in the
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bill the largest denomination banknote in circulation. A
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Since 1971, Federal Reserves Notes have been the only
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notes were only issued in large size until 1882. The
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denomination was discontinued altogether. In 1966 a
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the 1933 ban on gold ownership in the United States
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The 968:Compound interest treasury notes (1863–1864) 922:United States Note was discontinued and the 2131:Obsolete United States currency and coinage 765:Continental One Third Dollar Note (obverse) 2282: 2224: 2122: 2108: 2100: 1553: 1539: 1531: 524:(Founding father; 1st treasury secretary) 942:Fifty-cent fractional currency depicting 108:Learn how and when to remove this message 270: 1614:Maryland Tobacco Inspection Act of 1747 1434: 57:"Banknotes of the United States dollar" 1406:Federal Reserve Bank Notes (1914–1934) 1068:note was added in 1882, followed by a 234:note was added in 1963 to replace the 7: 1582:Monetary policy of the United States 1566:central banking in the United States 1175:National Gold Bank Notes (1870–1875) 980:1864 compound interest treasury note 46:adding citations to reliable sources 2155:History of the United States dollar 1864:New York Clearing House Association 243:note was added, 10 years after the 1676:Article I of the U.S. Constitution 1343:Treasury or Coin Notes (1890–1891) 1251:Silver certificate (United States) 914:were issued through 1966, and the 14: 473:Two Watermarks of the Number "5" 2323:one-hundred-thousand-dollar bill 1770:Second Bank of the United States 1517: 1503: 1489: 1032:Gold certificate (United States) 757:Continental Currency (1775–1779) 689: 680: 628: 619: 569: 560: 500: 491: 439: 430: 383: 374: 333: 324: 22: 2351:Compound interest treasury note 2298:Large denominations of currency 1928:Compound interest treasury note 1713:First Bank of the United States 1402:notes were introduced in 1891. 1234:Silver Certificates (1878–1964) 1080:National Bank Notes (1869–1933) 986:Compound interest treasury note 934:Fractional currency (1862–1876) 831:United States Notes (1862–1971) 359:Great Seal of the United States 33:needs additional citations for 2468:United States dollar banknotes 2436:Black Eagle Silver Certificate 1652:Continental currency banknotes 771:Continental currency banknotes 122:Continental currency banknotes 1: 2020:Specie Payment Resumption Act 1765:Banking in the Jacksonian Era 1218:. They are all rare with the 1018:Gold Certificates (1865–1934) 2406:Treasury Note (19th century) 2082:National Monetary Commission 1312:Refunding Certificate (1879) 1230:note is not known to exist. 742:banknote specification table 2334:Discontinued currency types 2058:Sherman Silver Purchase Act 1790:New York Safety Fund System 1664:U.S. Finance Superintendent 1640:Second Continental Congress 733:Declaration of Independence 410:Declaration of Independence 2489: 2416:United States postal notes 2286:Discontinued denominations 1417: 1358: 1323: 1248: 1186: 1171:note is unknown to exist. 1091: 1029: 983: 948: 842: 807: 768: 738: 273: 166: 2361:Federal Reserve Bank Note 2313:five-thousand-dollar bill 1966:2nd Industrial Revolution 1956:Public Credit Act of 1869 1842:Independent U.S. Treasury 1630:1st Industrial Revolution 1577: 1420:Federal Reserve Bank Note 1361:Treasury Note (1890–1891) 726: 723: 720: 715: 705: 700: 695: 688: 686: 679: 674:Flag of the United States 667: 664: 661: 656: 644: 639: 634: 627: 625: 618: 606: 603: 600: 595: 585: 580: 575: 568: 566: 559: 537: 534: 531: 526: 516: 511: 506: 499: 497: 490: 478: 475: 472: 467: 455: 450: 445: 438: 436: 429: 293: 290: 287: 284: 281: 278: 2318:ten-thousand-dollar bill 2308:one-thousand-dollar bill 2303:five-hundred-dollar bill 1881:Legal Tender Act of 1862 1694:U.S. Treasury Department 796:Demand Notes (1861–1862) 2386:National Gold Bank Note 2341:Early American currency 1996:National Gold Bank Note 1951:Contraction Act of 1866 1700:U.S. Treasury Secretary 1189:National Gold Bank Note 1099:1902–1922. In 1929 the 288:Fluorescent strip color 1707:U.S. Treasury security 1608:Tobacco Inspection Act 1415: 1356: 1321: 1246: 1184: 1089: 1027: 981: 961:encasing them in metal 946: 840: 805: 766: 153:Interest bearing notes 2401:Treasury or Coin Note 2391:Refunding Certificate 2376:Interest bearing note 2371:Hawaii overprint note 2145:United States coinage 2051:Juilliard v. Greenman 2044:Refunding Certificate 1910:National banks system 1904:Interest bearing note 1783:McCulloch v. Maryland 1670:Bank of North America 1646:U.S. dollar banknotes 1592:Commercial Revolution 1413: 1350: 1326:Refunding Certificate 1320:Refunding Certificate 1319: 1241: 1182: 1087: 1025: 975: 941: 838: 803: 764: 658:United States Capitol 163:Federal Reserve Notes 134:Federal Reserve Notes 2346:Continental currency 2150:United States dollar 2076:Aldrich–Vreeland Act 1991:Currency Act of 1870 1658:Bank of Pennsylvania 1525:United States portal 752:Historical banknotes 169:Federal Reserve Note 145:United States dollar 42:improve this article 2293:Fractional currency 2088:Federal Reserve Act 2010:Coinage Act of 1873 1984:Hepburn v. Griswold 1934:Coinage Act of 1864 1892:Fractional currency 1870:Coinage Act of 1857 1859:Coinage Act of 1853 1848:Coinage Act of 1849 1802:Coinage Act of 1834 1719:Coinage Act of 1792 951:Fractional currency 779:, every one of the 777:American Revolution 668:September 28, 2004 532:Alexander Hamilton 149:United States Notes 2411:United States Note 2396:Silver certificate 2381:National Bank Note 2247:Three-dollar piece 2038:Silver certificate 1977:Legal Tender Cases 1916:National Bank Note 1898:National Bank Acts 1886:United States Note 1724:United States Mint 1511:Numismatics portal 1471:www.stlouisfed.org 1416: 1357: 1322: 1247: 1185: 1094:National Bank Note 1090: 1028: 982: 957:American Civil War 947: 944:Francis E. Spinner 845:United States Note 841: 806: 767: 721:Benjamin Franklin 713:(Founding father) 521:Alexander Hamilton 2455: 2454: 2424: 2423: 2274: 2273: 2267:(1850–1933; 2009) 2218:Twenty-cent piece 2206:Three-cent silver 2200:Three-cent nickel 2097: 2096: 2070:Gold Standard Act 2032:Bland–Allison Act 2026:Twenty-cent piece 1945:Three-cent nickel 1853:Three-cent silver 1730:U.S. dollar coins 1447:mycreditunion.gov 850:denominations of 781:Thirteen Colonies 749: 748: 745: 717:Independence Hall 710:Benjamin Franklin 662:Ulysses S. Grant 654:(18th president) 554:Statue of Liberty 552:The torch of the 528:Treasury Building 465:(16th president) 352:George Washington 157:Gold certificates 155:(1863-1865), and 118: 117: 110: 92: 2480: 2441:Brasher Doubloon 2366:Gold certificate 2283: 2225: 2124: 2117: 2110: 2101: 1922:Gold certificate 1555: 1548: 1541: 1532: 1527: 1522: 1521: 1520: 1513: 1508: 1507: 1506: 1499: 1494: 1493: 1492: 1481: 1480: 1478: 1477: 1463: 1457: 1456: 1454: 1453: 1439: 1401: 1397: 1393: 1389: 1385: 1381: 1377: 1373: 1369: 1354: 1338: 1333: 1307: 1303: 1299: 1295: 1291: 1287: 1283: 1279: 1275: 1271: 1267: 1263: 1259: 1244:Running Antelope 1229: 1225: 1221: 1217: 1213: 1209: 1205: 1201: 1197: 1170: 1166: 1162: 1158: 1154: 1150: 1146: 1142: 1138: 1134: 1130: 1126: 1122: 1118: 1114: 1110: 1106: 1101:Great Depression 1075: 1072:note in 1907. 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Grant 632: 623: 607:October 9, 2003 593:(7th president) 573: 564: 504: 495: 469:Lincoln Memorial 443: 434: 405:(3rd president) 402:Thomas Jefferson 387: 378: 355:(1st president) 337: 328: 285:Background color 271: 267: 263: 259: 255: 251: 246: 242: 237: 233: 229: 225: 221: 217: 213: 209: 205: 201: 197: 193: 189: 185: 181: 177: 113: 106: 102: 99: 93: 91: 50: 26: 18: 2488: 2487: 2483: 2482: 2481: 2479: 2478: 2477: 2473:Monetary reform 2458: 2457: 2456: 2451: 2420: 2329: 2270: 2223: 2164: 2133: 2128: 2098: 2093: 1968: 1960: 1836:Forstall System 1830:Wildcat banking 1816: 1808: 1742:1792 half disme 1632: 1624: 1602:Bills of credit 1594: 1586: 1573: 1562:Monetary policy 1559: 1523: 1518: 1516: 1509: 1504: 1502: 1495: 1490: 1488: 1485: 1484: 1475: 1473: 1465: 1464: 1460: 1451: 1449: 1441: 1440: 1436: 1431: 1422: 1408: 1399: 1395: 1391: 1387: 1383: 1379: 1375: 1371: 1367: 1363: 1352: 1345: 1336: 1331: 1328: 1314: 1305: 1301: 1297: 1293: 1289: 1285: 1281: 1277: 1273: 1269: 1265: 1261: 1257: 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2086: 2083: 2080: 2077: 2074: 2071: 2068: 2065: 2064:Treasury Note 2062: 2059: 2056: 2053: 2052: 2048: 2045: 2042: 2039: 2036: 2033: 2030: 2027: 2024: 2021: 2018: 2016: 2013: 2011: 2008: 2005: 2004: 2000: 1997: 1994: 1992: 1989: 1986: 1985: 1981: 1979: 1978: 1974: 1973: 1971: 1967: 1963: 1957: 1954: 1952: 1949: 1946: 1943: 1940: 1937: 1935: 1932: 1929: 1926: 1923: 1920: 1917: 1914: 1911: 1908: 1905: 1902: 1899: 1896: 1893: 1890: 1887: 1884: 1882: 1879: 1876: 1873: 1871: 1868: 1865: 1862: 1860: 1857: 1854: 1851: 1849: 1846: 1843: 1840: 1837: 1834: 1831: 1828: 1825: 1822: 1821: 1819: 1815: 1814:Civil War Era 1811: 1803: 1800: 1797: 1794: 1791: 1788: 1785: 1784: 1780: 1777: 1774: 1771: 1768: 1767: 1766: 1763: 1760: 1759:Treasury Note 1757: 1754: 1751: 1748: 1745: 1743: 1740: 1737: 1734: 1731: 1728: 1725: 1722: 1720: 1717: 1714: 1711: 1708: 1705: 1701: 1697: 1696: 1695: 1692: 1688: 1685: 1683: 1679: 1678: 1677: 1674: 1671: 1668: 1665: 1662: 1659: 1656: 1653: 1650: 1647: 1644: 1641: 1638: 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Retrieved 1470: 1461: 1450:. Retrieved 1446: 1437: 1423: 1364: 1329: 1254: 1192: 1097: 1035: 989: 954: 848: 813: 774: 549:Constitution 543:The phrase " 408: 316:First Series 172: 138: 130:Demand Notes 119: 104: 98:October 2021 95: 85: 78: 71: 64: 52: 40:Please help 35:verification 32: 15: 2356:Demand Note 2261:(1795–1933) 2255:(1795–1929) 2249:(1854–1889) 2243:(1796–1929) 2237:(1849–1889) 2235:Gold dollar 2220:(1875–1878) 2214:(1792–1873) 2208:(1851–1873) 2202:(1865–1889) 2196:(1864–1873) 2190:(1793–1857) 2184:(1793–1857) 2084:(1909–1912) 2066:(1890–1891) 2046:(1879–1907) 2040:(1878–1964) 2028:(1875–1878) 2015:Free silver 2003:Knox v. Lee 1998:(1870–1875) 1969:(1870–1914) 1947:(1865–1889) 1941:(1864–1873) 1930:(1863–1864) 1924:(1863–1933) 1912:(1863–1913) 1906:(1863–1865) 1894:(1862–1876) 1888:(1862–1971) 1877:(1861–1862) 1875:Demand Note 1866:(1853–1863) 1855:(1851–1873) 1844:(1846–1913) 1838:(1842–1865) 1832:(1836–1865) 1826:(1836–1865) 1817:(1840–1870) 1798:, 1832–1836 1792:, 1829–1842 1778:, 1818–1858 1772:, 1816–1836 1761:(1812–1913) 1755:(1793–1857) 1749:(1793–1857) 1738:(1792–1873) 1726:(1792–1873) 1715:(1791–1811) 1698:1789–1913; 1680:1787–1788; 1672:(1781–1791) 1666:(1781–1785) 1660:(1780–1781) 1654:(1775–1779) 1642:(1776–1780) 1633:(1760–1840) 1595:(1607–1760) 955:During the 810:Demand Note 775:Before the 597:White House 547:" from the 291:Description 2462:Categories 2253:Half eagle 2228:Gold coins 2188:Large cent 2176:Half disme 1753:Large cent 1476:2024-02-02 1452:2024-02-02 1429:References 68:newspapers 2447:Funnyback 2212:Half dime 2182:Half cent 1747:Half cent 1736:Half dime 1687:Section X 1074:$ 100,000 976:Two-year 313:Watermark 141:banknotes 2279:Currency 1796:Bank War 1570:pre–1913 1062:$ 10,000 892:$ 10,000 299:Obverse 294:Date of 224:$ 10,000 208:$ 10,000 2429:Related 1732:(1792–) 1648:(1775–) 1392:$ 1,000 1353:$ 1,000 1337:$ 21.30 1278:$ 1,000 1169:$ 1,000 1153:$ 1,000 1137:$ 1,000 1058:$ 5,000 1054:$ 1,000 1012:$ 1,000 888:$ 5,000 884:$ 1,000 535:2004 A 517:Orange 310:Reverse 307:Obverse 304:Reverse 279:Images 220:$ 5,000 216:$ 1,000 204:$ 5,000 200:$ 1,000 143:of the 82:scholar 2443:(1787) 2178:(1792) 2138:Topics 2090:(1913) 2078:(1908) 2072:(1900) 2060:(1890) 2054:(1884) 2034:(1878) 2022:(1875) 2006:(1871) 1987:(1870) 1786:, 1819 1610:(1730) 1139:. 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Continental currency banknotes
Treasury Notes
Demand Notes
Federal Reserve Notes
banknotes
United States dollar
United States Notes
Interest bearing notes
Gold certificates
Federal Reserve Note


$ 1
George Washington
Great Seal of the United States


$ 2
Thomas Jefferson

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