The dollar has been intertwined with American history from the start. But why does he look the way he looks? Although the American paper currency has undergone many changes, its design was largely determined by practical considerations.
The history of dollar bills
In our life, money occupies a fairly large place. And the history of banknotes can be quite entertaining. Take at least the US dollar, which is considered one of the main reserve currencies on the planet. In addition to America, now this name is used in 26 more countries of the world.
It should be noted that the first dollars were issued in the form of silver coins and only since 1861 they were replaced with paper bills. At the same time, there were only edges with greens, and the middle was painted black. This led to the fact that about a third of the American currency was printed by criminals, and the production of counterfeit money in those years was a real disaster for the country.
In this regard, in 1965 the first US secret service appeared, created to combat counterfeiters. For printing, they began to use green paper with special watermarks. Why exactly green? It's simple: the green color at that time had the lowest cost and, finally, the color itself is not only resistant to external influences, but also, from a psychological point of view, inspires confidence.
Mostly American presidents are shown on banknotes, but as in everything, there are some exceptions as well. So, Hamilton and Franklin were not presidents, but were among the founding fathers of America.
Only once on a dollar was a woman depicted - it was a portrait of Martha Washington on a 1 dollar bill, which was done by order of her husband, the country's first president. By the way, despite the tolerance and equality in America throughout history, there has never been a portrait of an African American on the front of the dollar.
Until now, most banknotes are printed according to the basic design approved in 1928. The standard said that on the front of the bill should be a portrait, and on the back of the monuments.
How to get on the dollar
Persons on all outstanding US bills include five American presidents and two founding fathers. They are all men: George Washington, Thomas Jefferson, Abraham Lincoln, Alexander Hamilton, Andrew Jackson, Ulysses S. Grant and Benjamin Franklin. Persons on large denominated banknotes that are not in circulation - $500, $1,000, $5,000, $10,000 and $100,000 - also belong to the people who served as president and secretary of the treasury.
The person who has the last word on whose faces to place on the banknote is the US Treasury Secretary. However, the exact criteria for determining who appears in our paper currency, with the exception of one obvious detail, remain unclear. The Treasury Department only says that it is considering "individuals whose place in the history of the American people is well known."
Look at the faces on every American bill. Have you noticed anything? Right They are all dead. Because federal law prohibits placing the face of any living person in foreign currency.
Who is depicted in dollars: types and denomination of American banknotes
So whose faces are now on every American bill?
1 dollar - George Washington
George Washington, of course, fits into the bill as one of those "individuals whose place in the history of the American people is well known."
Washington is the first president of the United States. His face appears on the front of the $1 bill, and there is no plan to change its design. The $1 bill dates from 1862, and initially it did not have Washington. Instead, there was Treasury Secretary Salmon P. Chase. Washington's face first appeared on a $1 bill in 1869.
2 dollars - Thomas Jefferson
On a two-dollar bill issued by the government in 1862, the first secretary of the country's treasury, founding father Alexander Hamilton, first appeared. Jefferson's face was placed in 1869, and since then it has been featured on a banknote.
5 dollars - Abraham Lincoln
The face of President Abraham Lincoln appeared in 1914 and survived all the revision proposals.
10 dollars - Alexander Hamilton
The first banknote of $10 was issued by the government in 1914 and had the face of President Andrew Jackson. Hamilton's face was placed in 1929, and Jackson moved to a $20 bill.
$ 20 - Andrew Jackson
The first $20 bill was issued in 1914, depicting the face of President Grover Cleveland. Jackson's face appeared in 1929, and Cleveland moved for $1,000.
50 dollars - Ulysses S. Grant
The face of President Ulysses S. Grant has been featured on a $50 bill since the denomination in 1914. The Major General of the Union served two presidential terms and helped the country recover from the Civil War.
100 dollars - Benjamin Franklin
The face of the founding father and famous inventor Benjamin Franklin appeared on the 100-dollar bill also in 1914 and since then the banknote has not been changed.
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