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Structure
Interesting Questions, Facts and Information
- There are a total of 25 general entries.
Special Topics
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Interesting Questions, Facts, and Information
U.S. Currency
Let's say you want to redeem your currency. You turn it in to the US Treasury Office and what do you get in return? | US Currency
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A check. Gold certificates were redeemable for gold bullion until 1933 when President F. Roosevelt made private ownership of gold illegal. Silver certificates were redeemable for silver dollars (made of 0.900 fine silver) until 1968. Currently, the US Treasury does not distinguish between US Notes, Gold Certificates, Silver Certificates, and Federal Reserve Notes (the kind printed in 2004). They are all redeemable for face value only.
The original bill with that serial number was damaged during printing. This is an expensive process, but is done since every serial number must be accounted for due to security concerns. If a bill is redeemed, it is either placed back in circulation or if too damaged it is destroyed and the serial number is retired.
For many years the US printed silver and gold certificates. Did they ever print a platinum certificate? | US Currency
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No. These "Million Dollar notes" were printed by an art company in Canada. Since they were not printed by the US government, they have no value as legal tender.
Who decides on the designs and portraits used in US currency? | US Currency
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Secretary of the Treasury. This was established on 11 July 1862 and has never been changed.
Who is the only woman whose portrait has appeared on the obverse of American currency? | US Currency
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Martha Washington. On the $1 Silver Cerificates Series 1886 and 1891.
$100: What time does the clock on Independence Hall say? | US Currency
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4:10. This can be seen under magnification. There are also three people on the back of this bill. Two of them are a couple which the Bureau of Engraving and Printing stresses are NOT embracing. For some reason that was important at one time.
$100: Is Ben Franklin wearing glasses on the newly designed bill? | US Currency
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No. Although it would be clever if he were wearing the bifocals that he invented, he is not. By the way, when they redesigned this bill in 1996, they forgot to put a large high-contrast "100" in the lower right hand corner of the reverse for people with low vision.
$50: People were shocked when there was a peach background on the obverse of the new $20 bill. What were the two background colors on the $50 bill to be released 28 September 2004? | US Currency
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red and blue . Once all of the bills have been redesigned, each one will have a different background color to make it easier to tell the bills apart.
$50: On the newly designed bill, is the portrait of Grant from when he was General of the Union Army or President of the United States? | US Currency
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President. The portrait shows an older man and the Bureau of Engraving and Printing is very clear that it represents Grant as the 18th President of the US.
$20: On the newly designed note, how many eagles are there? | US Currency
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3. A large lightly colored "symbol of freedom" to the left of Jackson. A smaller one with a shield to the right. A third one in the stamp for the Federal Reserve System.
$20: What is one difference between the new bill and the old bill? | US Currency
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New bill - flag goes to left; Old bill - flag goes to the right. While you have the two bills out to compare them, look at the White House. Notice how different they are?
Treasury Building. The original picture was an oblique view of the Treasury Building that also showed the street. The current view is a front-on view without a view of the street.
$10: A common trivia question is what bill has cars on it. The answer was the $10 bill. Would this still be a correct answer looking at the new bill? | US Currency
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No. There is an urban legend that the auto on the old $10 was a Model T that Bonnie and Clyde used, however the Bureau of Engraving makes it clears that no specific car is pictured. Instead the cars on the old currency are composites.
$5: Lincoln has a beard on the one cent piece and on the old design of the $5 bill. Does he have a beard on the redesigned bill? | US Currency
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Yes. Yes he does although it is less pronounced than the coin and old bill portrait. The only other portrait with a beard is Grant on the $50 bill.
$5: How many states are listed on the reverse of the bill? | US Currency
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26. These states are listed on the Lincoln Memorial. The states listed are those in the Union during his presidency.
$2: Thomas Jefferson is on the obverse of the current $2 bill. What is on the reverse? | US Currency
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The signing of the Declaration of Independence. This means that Thomas Jefferson is the only person on both sides of the same bill. Montecello used to be on the reverse before the bills were redesigned in 1928.
$1: Did the US continued printing the $1 bill after introducing the Golden (Sacajawea) dollar coin? | US Currency
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Yes. There is a huge demand for $1 bills and many people do not like the new coins. In fact, more $1 bills are currently printed than any other bill. It is difficult to find the new coins in circulation.
The $100,000 bill was never used by the public and is not legal tender. Who does use it? | US Currency
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The Federal Reserve Banks. This is a holdover from when large currency bills were needed in transactions between banks. The advent of electronic banking has made these bills obsolete, but due to the way the Federal Reserve and the US Treasury interact, the $100,000 bill is still used.
Actually, there is one higher denomination bill that is not printed but is still sometimes used - the $100,000 bill. Who is on this bill? | US Currency
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Woodrow Wilson. Woodrow Wilson is the only US president to have a doctorate. After his debilitating stroke, his wife Edith fulfilled many of the presidential duties, so for a time the US has had a de facto woman president.
Of the currency printed in 2004, how many feature portraits of non-presidents? | US Currency
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2. Alexander Hamilton, the first Secretary of the Treasury, is on the $10 bill and Benjamin Franklin is on the $100 bill.
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