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U.S. Dollar
The United States dollar (symbol: $; currency code: USD) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The U.S. dollar was originally defined under a bimetallic standard of (0.7734375 troy ounces) fine silver or, from 1834, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, its equivalence to gold was revised to $35 per troy ounce. In 1971 all links to gold were repealed. The U.S. dollar became an important international reserve currency after the First World War, and displaced the pound sterling as the world's primary reserve currency by the Bretton Woods A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Reserve Note
Federal Reserve Notes are the currently issued banknotes of the United States dollar. The United States Bureau of Engraving and Printing produces the notes under the authority of the Federal Reserve Act of 1913 and issues them to the Federal Reserve Banks at the discretion of the Federal Reserve Board of Governors, Board of Governors of the Federal Reserve System. The Reserve Banks then circulate the notes to their member banks, at which point they become liabilities of the Reserve Banks and obligations of the United States. Federal Reserve Notes are legal tender, with the words "this note is legal tender for all debts, public and private" printed on each note. The notes are backed by financial assets that the Federal Reserve Banks pledge as collateral, which are mainly United States Treasury security, Treasury securities and agency security, mortgage agency securities that they purchase on the open market by fiat money, fiat payment. History Following the enactment of the Cons ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Fifty-dollar Bill
The United States fifty-dollar bill (US$50) is a Denomination (currency), denomination of United States dollar, United States currency. The 18th President of the United States, U.S. president (1869-1877), Ulysses S. Grant, is featured on the obverse, while the United States Capitol, U.S. Capitol is featured on the Obverse and reverse, reverse. All current-issue $50 bills are Federal Reserve Notes. As of December 2018, the average life of a $50 bill in Circulation (currency), circulation is 12.2 years before it is replaced due to wear. Approximately 3.5% of all notes printed in 2019 were $50 bills. They are delivered by Federal Reserve Banks in beige straps. Next to the United States two-dollar bill, the fifty-dollar bill has the lowest circulation of any U.S. denomination measured by volume, with 1.8 billion notes in circulation as of December 31, 2019. History Large size notes ''( 7.4218 × 3.125 in ≅ 189 × 79 mm)'' *1861: Three-year $50 Interest Bearing Notes we ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Half Cent (United States Coin)
The half cent was the smallest denomination of United States coin ever minted. It was first minted in 1793 and last minted in 1857. In that time, it had purchasing power equivalent to between ¢ and ¢ in values. It was minted with five different designs. History First authorized by the Coinage Act of 1792 on April 2, 1792, the coin was produced in the United States from 1793 to 1857. The half-cent piece was made of 100% copper and half of a cent, or one two-hundredth of a dollar (five milles). It was slightly smaller than a modern U.S. quarter with diameters 22 mm (1793), 23.5 mm (1794–1836), and 23 mm (1840–1857). They were all produced at the Philadelphia Mint. The Coinage Act of February 21, 1857 discontinued the half-cent and the similar large cent, and authorized the small cent ( Flying Eagle cent). Design varieties There are several different types of half cents: * Liberty Cap, Facing left (designed and engraved by Henry Voigt) – issued ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dollar Coin (United States)
The dollar coin is a United States coin with a face value of one United States dollar. Dollar coins have been minted in the United States in gold, silver, and base metal versions. Dollar coins were first Mint (coin), minted in the United States in 1794. Dollar coins have almost never been popular in circulation since their inception. Despite efforts by the U.S. government to promote their use to save the cost of printing United States one-dollar bill, one dollar bills, the Susan B. Anthony Dollar, Anthony Dollar, the Sacagawea Dollar and the Presidential Dollar Series are all seldom seen in circulation, since most Americans prefer to use the United States one-dollar bill, dollar bill. For this reason, since December 11, 2011, the United States Mint, Mint has not produced dollar coins for general circulation, and all dollar coins produced after that date have been specifically for Coin collecting, collectors. These collector coins can be ordered directly from the Mint, while pre- ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Half Dollar (United States Coin)
The half dollar, sometimes referred to as the half for short or 50-cent piece, is a United States coin worth 50 cents, or one half of a dollar. In both size and weight, it is the largest circulating coin currently minted in the United States, being in diameter and in thickness, and is twice the weight of the quarter. The coin's design has undergone a number of changes throughout its history. Since 1964, the half dollar depicts the profile of President John F. Kennedy on the obverse and the seal of the president of the United States on the reverse. Although seldom used today, half-dollar coins were once common in circulation and saw regular use alongside other denominations of US coinage, but have become uncommon in general circulation for several reasons. Half-dollars were produced in fairly large quantities until the year 2002, when the U.S. Mint reduced production of the coin and ceased minting them for regular circulation. As a result of its decreasing usage, many pre- ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dime (United States Coin)
The dime, in United States usage, is a ten- cent coin, one tenth of a United States dollar, labeled formally as "one dime". The denomination was first authorized by the Coinage Act of 1792. The dime is the smallest in diameter and is the thinnest of all U.S. coins currently minted for circulation, being in diameter and in thickness. The obverse of the current dime depicts the profile of President Franklin D. Roosevelt and the reverse has an olive branch, a torch, and an oak branch, from left to right respectively. The word ''dime'' comes from the Old French ''disme'' (Modern French">-4; we might wonder whether there's a point at which it's appropriate to talk of the beginnings of French, that is, when it wa ... ''disme'' (Modern French dîme), meaning "tithe" or "tenth part", from the Latin ''decima [pars]''. The dime is currently the only United States coin in general circulation that is not denominated in terms of dollars or cent (United States coin), cents. , the dime co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nickel (United States Coin)
A nickel is a five-cent (currency), cent coin struck by the United States Mint. Composed of cupronickel (75% copper and 25% nickel), the piece has been issued since 1866. Its diameter is 0.835 inches (21.21 mm) and its thickness is 0.077 inches (1.95 mm). The silver half dime, equal to five cents, was issued from 1792 to 1873 before today's cupronickel version. The American Civil War caused economic hardship, driving gold and silver from circulation; in response, in place of low-value coins, the government at first issued paper currency. In 1865, Congress abolished the five-cent fractional currency note after Spencer M. Clark, head of the Currency Bureau (today the Bureau of Engraving and Printing), placed his own portrait on the denomination. After the successful introduction of two-cent piece (United States coin), two-cent and three-cent nickel, three-cent pieces without precious metal, Congress also authorized a five-cent piece consisting of base metal; ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Penny (United States Coin)
The penny, officially known as the cent, is a coin in the United States representing one-hundredth of a dollar. It has been the lowest face-value physical unit of U.S. currency since the abolition of the half-cent in 1857 (the abstract mill, which has never been minted, equal to a tenth of a cent, continues to see limited use in the fields of taxation and finance). The U.S. Mint's official name for the coin is " cent" and the U.S. Treasury's official name is "one cent piece". The colloquial term ''penny'' derives from the British coin of the same name, which occupies a similar place in the British system. ''Pennies'' is the plural form (not to be confused with ''pence'', which refers to the unit of currency). The first U.S. cent was produced in 1787, and the cent has been issued primarily as a copper or copper-plated coin throughout its history. In 1792, Congress established the US Mint, which began producing coins. In the same year, the Coinage Act of 1792 mand ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States One-hundred-thousand-dollar Bill
The United States one-hundred-thousand-dollar bill (US$100,000) is a former denomination of United States currency issued from 1934 to 1935. The bill, which features President Woodrow Wilson, was created as a large denomination note for gold transactions between Federal Reserve Banks; it never circulated publicly. The $100,000 bill was created by the Bureau of Engraving and Printing under the order of President Franklin D. Roosevelt in response to the hoarding of gold during the Great Depression, believed to be slowing economic regrowth. Executive Order 6102, signed by Roosevelt, was ratified by the United States Congress in 1934. Executive Order 6102 prohibited the hoarding of gold certificates, accompanied also by bullion and coins. Unlike the other denominations of US dollars, the $100,000 bill was never issued as a Federal Reserve Note (aka greenback). It was only issued in the form of a gold certificate. About 42,000 of the $100,000 bills were printed. Many were des ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Ten-thousand-dollar Bill
The United States 10,000-dollar bill (US$10000) is a Denomination (currency), denomination of the United States dollar. The denomination was first issued in 1878 and the last series were produced in 1934. They were withdrawn from circulation after 1969. The $10,000 note was the highest denomination of US currency to be used by the public. These notes are still legal tender, and thus banks will redeem them for face value. However, their value to collectors is well above their face value. While $10,000 bills were the highest denomination used by the public, a higher-denomination bill, the United States one-hundred-thousand-dollar bill, $100,000 bill, was used for inter-bank transfers, did not circulate, and its possession by private holders is illegal. Description The first ten-thousand-dollar bills were issued as large-size paper money measuring by and portrayed Andrew Jackson. Beginning with the 1928 series, the size of the bill was reduced to the small-size variety measuring ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Five-thousand-dollar Bill
The United States 5000 dollar Bill (US$5000) is an obsolete denomination of United States currency. It is still legal tender. The United States Department of the Treasury discontinued the note $5000 bill in 1969 and it is now valued by currency collectors. History The United States five-thousand-dollar bill was printed from 1861 to 1945. The Bureau of Engraving and Printing continued to issue the notes until 1969. The notes did not see much circulation among the public because they were printed to facilitate transactions between banks. On July 14, 1969, the United States Department of the Treasury The Department of the Treasury (USDT) is the Treasury, national treasury and finance department of the federal government of the United States. It is one of 15 current United States federal executive departments, U.S. government departments. ... announced that all notes in denominations greater that US$100 would be discontinued. Since 1969 banks are required to send any $5000 bil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States One-thousand-dollar Bill
The United States 1000 dollar bill (US$1000) is an obsolete denomination of United States currency. It was issued by the US Bureau of Engraving and Printing (BEP) beginning in 1861 and ending in 1934. Since 1969, Treasury policy is to withdraw any $1000 bills it receives, but they are still legal tender. Description From 1862 to 1880 the US Treasury Department issued $1,000 Legal Tender notes, with three different designs on the obverse. The portrait of Robert Morris appeared on the first 1000 dollar bill. Mayor of New York DeWitt Clinton appeared on two other versions. The obverse of the 1928 and 1934 series features a portrait of Grover Cleveland facing right while toward a United States Department of the Treasury seal. The reverse of the 1928 and 1934 one-thousand-dollar bills feature lathework and a decorative border. The reverse also contains text that reads: "The United States of America / One Thousand Dollars" and the number 1,000. History The United States one-thousand ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
