Why neighborhoods have ridges and other amazing money facts
There is an invoice of $ 100,000?!
Behind every jingling room in your pocket, there is a story of its creation - why it has the particular design it does, why it's worth it, and even why some types of currencies (for example) have ridges. Although we can take our money capital, our ancestors have taken care to ensure that it is the most sophisticated and effortless system in the world.
So, with that say, how much do you really know about our currency system? Whyto do Neighborhoods have ridges? To answer this question - and many, many more, we have discovered the most interesting facts about the currency of the United States. Think about it as a treasure chest: fascinating financial information.
1 The pieces have ridges to prevent counterfeiting.
Towards the late eighteenth century, American mint started adding peaks to each room to prevent criminals from depositing coin edges to sell precious metal. This process, called "Delegate", prevented criminals from depositing the banks without it being quite obvious that they did it,according to The history chain.
2 Living presidents can not have their faces on the currency.
This bill, preventing living presidents from appearing on the US currency, was created so that the United States did not seem like a monarchy since other countries distributed currencies with their current king or their queen engraved in the face. metal. The only time this rule was broken was that President Calvin Coolidge was placed on a commemorative piece for the sequence of American independence. The room was struck in 1926.
3 North Korea is the largest counterfeit of the American currency.
In fact, North Korea has become so skilful to the counterfeiting of the American currency that their replicas are called "superdollars" because their deception can only be detected by special equipment at the Federal Reserve. As of 2009, civil servants estimated that about $ 45 million in these ways were still outstanding.
4 Physical money is only a small percentage of the currency.
Look around you-wearing money with them at any time? With easy access to funds using a debit card or credit card, there is no need for more physical money. This could explain the fact that 8% of the nation's currency is physical money. The rest is entirely stored online.
5 The bill of a dollar is essentially a tribute to the 13 colonies.
The creators of the bill of a dollar have given an incredible attention to detail because there are several small signs of the 13 colonies on the invoices you have probably never spotted. For example, there are 13 stars above the eagle in the corner, 13 steps on the pyramid, 13 vertical bars on the shield of the eagle and 13 leaves and 13 berries on the olive branch in the heel Eagle.
6 The new hundred dollar ticket makes Liberty Bell Dance - among other things.
Introduced in traffic in 2013, the new invoice of one hundred dollars introduced aAny new host Security characteristics (and sneaky tricks) to its currency. For starters, a 3-D safety tape has been added to its face that, when moved to light, goes signs of $ 100 to bells. In addition, the bell of freedom and ink change the colors when they are moved in the light. In addition, for the first time, the invoice of one hundred dollar has presented a textured surface to the invoice, on the shoulder of Benjamin Franklin.
7 Benjamin Franklin used a Sassy currency for the first cent.
Before the centin is laidable with the words "E pluribus unum" (which means "many, one"), Benjamin Franklin, who designed the first centin in 1787, used the words "Conduct your business" to decorate the in front of the coin.
8 It costs more than a penny to sou.
In fact, it actually costs 1.7 cents per piece to mentor them in the United States - a statistic that could make obsolete obsolete.
9 The TSA brings togethera lot bulk change.
If you have already gave a gift from your bulk change to TSA, you are not alone. Back in 2015, the TSAreportedThat they had received a sum of incredible money that year air passengers - $ 765,759.15, to be accurate. And yes, they will have to keep every penny.
10 Money is not made of paper.
In fact, money hasnever been made of paper. Since the creation of the currency of our nation, it has been made on 75% cotton and 25% linen linen. Back in the start days of the currency, they used to repair torn invoices with a needle and a thread.
11 Money makes great compost.
Once an invoice is removed from traffic, it is shipped to a farm where it is muffled and transformed into compost. Most of this process is done on a farm in Delaware.
12 Glue your invoices to the microwave if the vending machine will not take them.
If you find that your invoices are too severely worn for use in automatic distributors, splashing them in the microwave for 20 seconds flatten and make them more crisp and clean than before.
13 Invoices have a short life.
Unlike popular belief, invoices have actually an incredibly short life, with the invoice of $ 100 surviving longest at age 15. With regard to the rest of the bills, the bill of $ 1 takes about 5.9 years, the $ 5 Law lasts about 4.9 years, the $ 10 bill 4.2 years, the bill of 20 7.7 years, and finally, the $ 50 Law lasts about 3.7 years,according to Strong.
14 The two dollar notes are not really rare.
While the two dollar bills are considered unique and rare, resulting in a conviction that they bring good luck, it turns out that they are really relatively common. Currently, it is estimated that about 1.1 billion of them are currently outstanding.
15 Tickets of $ 100,000 of $ 100,000 were used.
In 1934, the Federal Reserve created the $ 100,000 Gold Certificate, although it was only used in transactions between the Federal Reserve and the US Treasury. Just a year later, they stopped the production of this incredibly valuable bill.
16 The secret service has been created to protect our money.
Before the secret service is busy protecting our presidents, they were used to protect another precious asset: our currency. Back in 1865, the entity was created to combat an infringement epidemic, when almost half of all in circulation species were counterfeit.
17 A 12-year-old boy started gold rush.
That's right - the first gold rush started in 1803, when a 12-year-old boy from North Carolina, Conrad Reed, found a 17-pound gold nugget on his farm. In fact, this nugget provided gold for all mine from the nation until 1829.
18 There are hundreds of ways to change change for a dollar.
More specifically, there are 293 ways to change change for a dollar.
19 We are usingtons Ink each day earning money.
The US burning and printing office uses 9.7 tonnes of ink to make approximately $ 974 million in currency every day. (Fun made: the monopoly game makes more money than this government agency each year).
20 Most invoices are contaminated with germs.
According to a 2002to study Realized by American Air Force researchers, 94% of money are contaminated with germs, of which about 7% of this infected money containing severely harmful strains of bacteria such as E. coli.
21 Invoices are incredibly sustainable.
Although the life of each bill depends on how much they will be used (for example, $ 100 bills usually last 15 years or more because they are not used as often as other bills), Most bills are created to be incredibly sustainable, surviving up to8,000 folds.
22 Invoices also contain other residual substances.
On ato study Made by the University of Massachusetts, about 90% of all traffic invoices contain at least traces of cocaine. This is especially the case in big cities like Chicago, New York and Detroit, where the number sometimes increases to 95%.
23 The ink used to print money is incredibly high technology.
To keep track of all existing money, the Federal Reserve climbs bills with followed, magnetic and changing properties for changing colors to make each single.
24 Centimes can push the pesky slugs from entering your garden.
To stop slugs dragging into your garden, you can simply bury under the perimeter of the garden because slugs receive electric shocks when they come into contact with copper and zinc.
25 US business tickets are the finest prints of the world.
Notled for their attention to detail and impressive safety measures, US bank notes represent the finest quality engravings in the world. This fact is all through the use of the Federal Reserve of Presses to Print Swiss Super Orlof, which cost about $ 7 million per machine.
26 The sailors used coin rings.
In their free time, the sailors used to hit the edges of American currencies with spoons to recover the middle of thickening rims to make rings and jewelry out of precious metals.
27 The first woman to appear on a US coin was not even American.
Before the government was considering putting Harriet Tubman on the American currency, they managed to offer only important male leaders on invoices and coins. However, the first woman to appear on a US coin was not even American - she was Queen Isabella of Spain, who was presented on a commemorative room in 1893.
28 The most counterfeit invoice is a bill of $ 20.
According to Internal business communityThe most counterfeit invoice is a $ 20 bill, while the most counterfeit invoice outside the United States is the $ 100 bill.
29 The new money must now be printed to replace US dollars that end up overseas.
The American office of engraving and printing, as we already know, works hard every year to replace the money already in circulation, but, as it turns out, 95% of the new funds being printed in these facilities are simply from Replace US dollars. It ends up overseas.
30 Before the creation of the Federal Reserve, each bank printed one's own money.
Before the creation of the Federal Reserve in 1913, each Bank of America printed its own money - which, without surprise, had a little confusing, which makes the invention of this government agency a necessity.