Legal Tender United States coins and currency (including Federal Reserve notes and circulating notes of Federal Reserve Banks and National banks) are legal tender for all debts, public charges, taxes and dues. No definite explanation can be made for the original choice however, it is known that at the time of the introduction of small-sized notes in 1929, the use of green was continued because pigment of that color was readily available in large quantities, the color was relatively high in its resistance to chemical and physical changes, and green was psychologically identified with the strong and stable credit of the government. currency has long been among the more popular questions put to the BEP. The reason for the selection of green as the color for the backs of U.S. The approximate weight of a note, regardless of denomination is one gram. It would take about 4,000 double folds (first forward and then backwards) before a note will tear. These notes are so widespread that they were the subject of an August 5, 1970, article in the monthly numismatic publication, Coin World.Ĭurrency paper is composed of 75 percent cotton and 25 percent linen. The most popular of these bear the serial number 8894. It is likely, though, that the note is part of a series of antiqued reproductions issued in various denominations and forms for use in advertising campaigns. The Treasury Department did not issue notes intended for circulation as currency until 1862. This is a currency note from the Bank of the United States and is not an obligation of the United States government. It is dated Decemand has the serial number '8894.' Can you tell me what it is worth now and where I can cash it in? I have a $1,000 currency note from the Bank of the United States. You may also refer to numismatic publications, which contain pictures of the various notes and list suggested prices. Dealers' names are likely to be found online. We suggest you contact dealers in old or rare currencies for an opinion. The BEP does not appraise or estimate numismatic values. The Mint also produces numismatic coins and coin-related products, including proof, uncirculated, and commemorative coins medals and silver and gold bullion coins.

The United States Mint is the Nation’s sole manufacturer of circulating coins. The BEP advises other federal agencies on document security matters and also produces engraved documents such as military commissions and award certificates, and special security documents for a variety of government agencies. The Bureau of Engraving and Printing is the Nation’s sole producer of U.S. What’s the difference between the BEP and the Mint?

Cash vs coin currency in circulation us