Currency is actually fabric composed of 25% linen and 75%cotton. Currency paper has tiny red and blue synthetic fibers of various lengths evenly distributed throughout the paper.
The dollar was officially adopted as our nation’s unit of currency in 1785.
The largest bill ever printed by the Bureau of Engraving and Printing was the $100,000 gold certificate.
The U.S. Secret Service was created during the Civil War to fight counterfeiting.
The motto “In God We Trust” did not appear on paper currency until 1963.
The largest note produced today is the $100 bill.
It costs approximately 6.4 cents per note to produce U.S. currency.
About 4,000 double folds (forward and backward) are required before a note will tear.
The average life of a Federal Reserve note depends upon its denomination:
$1 bill – 21 months
$5 bill – 16 months
$10 bill – 18 months
$20 bill – 2 years
$50 bill – 4.5 years
$100 bill – 7.5 years
If you or any one you know wants to refinance or needs to be pre-approved for their new home, please have them give me a call – 207-899-5354 or 800-775-0965 – Blue Stripe Mortgage.