Current denominations of U.S. currency

Wikipedia says: Currently printed denominations are $1, $2, $5, $10, $20, $50, and $100. Notes above the $100 denomination stopped being printed in 1946 and were officially withdrawn from circulation in 1969. These notes were used primarily in inter-bank transactions or by organized crime; it was the latter usage that prompted President Richard Nixon to issue an executive order in 1969 halting their use. With … Continue reading

NYT: “Treasury Slows Its Presses”

Appelbaum, Binyamin. “As Plastic Reigns, the Treasury Slows its Printing Presses.” New York Times. 6 July 2011. The number of dollar bills rolling off the great government presses in Washington and in Fort Worth fell to a modern low in the last fiscal year. Production of $5 bills also dropped to the lowest level in 30 years. … Continue reading

New $100 Note Video Series

Design for a Dollar

Epic video announcement for 2010 (still-unreleased?) redesign of US $100 note: All US currency redesigns must perpetuate certain “legacy features” that are on all the currency that’s ever been issued — because the US will accept all currency ever issued as legal tender, the notes have to have a certain amount of consistency. Or so … Continue reading

US Treasury Cash Room

The US Treasury Cash Room dates back to 1869, when it was the location for the transaction of the government’s financial business. The Treasury needed a bank in the building, and so one was built — in the style of “a roofed version of an Italian palazzo, a traditional bank design throughout Europe.” It features … Continue reading

Bureau of Engraving and Printing

The Bureau of Engraving and Printing (BEP) is an agency within the US Department of the Treasury. It had its start around 1862, was officially recognized as a distinct entity in 1874, and became sole producer of US currency in 1877. In 1894 they began producing postage stamps as well, and became the United States … Continue reading

Dept. of the Treasury vs The Fed

Dept. of the Treasury The Department of the Treasury is an executive department and the treasury of the United States federal government. The Treasury prints and mints all paper currency and coins in circulation through the Bureau of Engraving and Printing and the United States Mint. The Department also collects all federal taxes through the … Continue reading