Currency AmazingFacts 4u

45 Amazing Awesome Facts About Currency | Amazing Facts 4U

  1. Amazingly until the U.S. federal reserve was created in 1908 , individual banks could print their own money.
  2. The first credit card, issued in 1950, was Diner’s Club.
  3. Frank X. McNamara started Diner’s club with 200 card holders.
  4. Amazing fact is that only 8 % of the world currency is in physical form. Rest of it only exists in computers.
  5. Amazingly one penny doubled every day becomes over 5 million dollars in just 30 days.
  6. The fact is it costs only 3 cents to make any dollar bill in USA. It lasts about 18 Months.
  7. The United States nickel (five cent piece) is made of 75% copper and 25% nickel.
  8. Pennies are made of 95% copper and 5% zinc.
  9. A Penny costs 2.4 cents to manufacture.
  10. Coins usually survive in circulation for about 30 years.
  11. Amazingly changing the US $1 bill for a US $1 coin would save US$4.4 billion in 30 years.
  12. If you toss a penny 10,000 times, amazingly it will not be heads 5,000 times, but more like 4,950. The heads picture weighs more, so it ends up on the bottom.
  13. A dime has 118 ridges around the edge. The quarter has 119 and the half-dollar has 150. Ridges help the visually impaired identify certain coins.
  14. The $1 bill’s famous nickname of “Greenback” derives from the Demand Note dollars created by Abraham Lincoln in the late 1800s to finance the Civil War. These notes were printed in black and green on the back side.
  15. Amazing fact is that in 1916, you could get your money laundered for free! If your money was in good enough shape, you could take it to Washington, D.C., where it could be washed, ironed and reissued.
  16. On an American one-dollar bill, there is an owl in the upper left-hand corner of the “1” encased in the “shield” and a spider hidden in the front upper right-hand corner.
  17. Amazingly the motto “In God We Trust” did not appear on paper currency until 1963.
  18. On the $1 bill the Latin above the pyramid, ANNUIT COEPTIS, means “God has favored our undertaking”.
  19. The Latin below the pyramid on the $1 bill, NOVUS ORDO SECLORUM, means “a new order for the ages”.
  20. The so-called “all-seeing eye” that sits atop the pyramid on dollar bills was included as a reflection of divine providence.
  21. At the base of the pyramid on the $1 bill you will find “1776” in Roman Numerals.
  22. The number 172 can be seen on the back of the U.S. $5 dollar bill in the bushes at the base of the Lincoln Memorial.
  23. All 50 states are listed across the top of the Lincoln Memorial on the back of the $5 bill.
  24. The fact is that the security thread in bills $5 and higher will turn blue if they are held under ultraviolet light.
  25. Amazingly there are four cars and eleven light posts on the back of a ten-dollar bill.
  26. Amazing fact is that the elm tree on back of the $20 bill near the White House represents a real tree in this same location. However, the tree is no longer on the White House grounds because it succumbed to rain-softened ground in 2006.
  27. The new $100 bill has the words ‘THE UNITED STATES OF AMERICA’ printed in tiny script on the collar of Benjamin Franklin’s jacket.
  28. Amazingly only one woman has ever appeared on United States paper currency. That sole distinction belongs to our original first lady, Martha Washington, who appeared on a set of $1 Silver Certificates in the late 19th century.
  29. On the new $100 bill, the clock tower of Independence Hall in Philadelphia is shown with the time set at 4:10.
  30. High-denomination bills ($500-$100,000 notes) are technically legal tender, but were last printed in 1945 and officially discontinued on Jul 14, 1969 by President Nixon to fight organized crime.
  31. Amazing fact is that on a Canadian two dollar bill, the flag flying over the Parliament Building is an American flag.
  32. US Dollar bills are made of 25 percent linen and 75 percent cotton paper. Red and blue synthetic fibers of various lengths are distributed evenly throughout the paper. Prior to World War I, the fibers were made of silk.
  33. Amazingly 97% of all paper money have been found to contain traces of cocaine.
  34. It would take amazing 4,000 double folds (first forward, and then backwards) before a note will tear.
  35. The Office of Currency Standards will replace any damaged note if you can present to officials 51 % of the note.
  36. U.S. bills are 2.61 inches wide, 6.14 inches long, and are .004375 inches thick and weigh 1 gram.
  37. It would take amazing fourteen and half million notes of currency to build a mile high stack.
  38. If you placed 1 million of them in a neat square, it would measure about four feet tall, four feet wide and four feet thick weighing 1 Ton.
  39. The life expectancy of a $100 bill is nine years.
  40. The Australian $5 to $100 notes are made of plastic.
  41. Amazingly you can give change for a dollar in 293 different coin variations.
  42. The fact is that some people consider the $1 bill unlucky because there are so many 13’s on it: 13 stars, 13 stripes, 13 steps, 13 arrows and even an olive branch with 13 leaves on it.
  43. Amazing fact is that there was actually a $100,000 dollar bill. It’s now worth $1.6 million. This dollar bill was only used for official transactions between Federal Reserve banks. It was never circulated among the public. It features President Woodrow Wilson on the front.
  44. The “Secret Service” well known for it’s role in guarding president was started in 1865 to control counterfeit money at a time when one third of the notes in circulation were fake.
  45. Amazing fact is that drug lord Pablo Escobar had so much cash that rats ate almost $1 billion of his money each year.

By Amazing Facts 4U Team

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