12 facts about US Currency
Design Diversity: US currency features various designs, showcasing presidents, historical figures, and iconic symbols like the Great Seal.
Counterfeit Deterrence: Modern bills incorporate advanced security features, such as watermarks, security threads, and color-shifting ink, to combat counterfeiting.
Paper Composition: US bills are not made of traditional paper but rather a blend of cotton and linen, adding durability to their lifespan.
Denominations: The US currently circulates $1, $2, $5, $10, $20, $50, and $100 bills, with plans for a new $20 featuring Harriet Tubman.
Serial Numbers: Each bill has a unique serial number, consisting of letters and digits, making it easily identifiable.
Hidden Symbols: US currency features numerous hidden symbols and microprinting, adding layers of complexity to their design.
Federal Reserve: The Federal Reserve, not the US Treasury, is responsible for issuing and regulating the nation's currency.
Presidential Portraits: The faces on US bills are exclusively those of former US presidents, except for Alexander Hamilton on the $10 bill.
Obsolete Denominations: In the past, the US has issued bills in denominations like $500, $1,000, $5,000, and $10,000, primarily for large transactions between banks.
Currency Redesign: The US periodically redesigns its currency to incorporate new security features and commemorate historical events.
Coins: US coins include pennies, nickels, dimes, quarters, and various commemorative coins, each with its unique design.
Digital Currency: In addition to physical currency, the US also embraces digital forms of payment, such as credit cards, mobile wallets, and cryptocurrencies.