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$1 US Notes

Categories: Miscellaneous
Added: Wed Jun 21 07:21:04 +0000 2006Views: 19,905
Rating: 4.20 (5 votes)
1906 San Francisco Earthquake Damage$2 US Notes >
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  • The first $1 notes (called United States Notes or “Legal Tenders”) were issued by the Federal Government in 1862 and featured a portrait of Secretary of the Treasury Salmon P. Chase (1861-1864).* The first use George Washington’s portrait on $1 notes was on Series 1869 United States Notes.* The inclusion of “In God We Trust” on all currency was required by law in 1955. The national motto first appeared on paper money in 1957 on $1 Silver Certificates, and on all Federal Reserve Notes beginning with Series 1963.* The first $1 Federal Reserve Notes were issued in 1963. The design, feauturing George Washington on the face and the Great Seal on the back, has not changed.* Of all the notes printed by the Bureau of Engraving and Printing, $1 notes make up about 45% of currency production.* The life span of a $1 Federal Reserve Note is 22 months. (Other denominations have different life spans.

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