According to the Bureau of Engraving and Printing, Thomas Jefferson's portrait is on the front of the $2 bill. This source notes that the back of the $2 bill features John Trumbull's painting "The Signing of the Declaration of Independence."
A:For the most part, things cost significantly less in 1954 than they do in the 21st century. Many common household items were less than $1. A loaf of bread cost about 17 cents, and 1 pound of cheese cost between 50 cents and 70 cents, depending on the type.
A:The $20 gold piece was a coin minted in the United States from 1849 to 1933 that contains slightly less than one ounce of gold. Two versions of the $20 gold piece, which is also sometimes called the Double Eagle, were minted during its 84-year production run.
A:To convert pounds to dollars, find the current exchange rate and multiply the rate by the amount of pounds. Expect fluctuations in the exact exchange rate when you visit a bank or ATM to convert your money.
A:If you've found, collected or inherited old currency, you can determine its value by consulting expert guides and opinions. Professional appraisal and grading tutorials keep you informed as to the value of your currency.
A:According to XE.com, the currency of Venezuela is the bolivar, which come in denominations of 2, 5, 10, 20, 50 and 100. Coins come in denominations of 10 centimos, 25 centimos and 50 centimos. Each Bolivar can be subdivided into 100 centimos.
A:Although $100,000 notes were printed in the 1930s, they were only used for transactions between branches of the Federal Reserve Bank and were never issued to the public. The U.S. Bureau of Engraving and Printing issued $100,000 Gold Certificates between Dec. 18, 1934 and Jan. 9, 1935.
A:Scottish bank notes are technically not legal tender in England and Wales, according to the Bank of England. However, if the parties involved in a financial transaction agree, Scottish bank notes can be used for transactions in England and Wales.
A:A 1929 buffalo nickel is part of the buffalo nickel design set produced by the U.S. Mint between 1913 and 1938. It features a right-facing Native American bust on its obverse side and an engraving of a buffalo on its reverse side.
A:Medieval currency was divided among numerous regional denominations of cash and account money, which was used exclusively for calculating large transactions and did not exist in any physical form. According to Boise State University, sums computed using account money were routinely converted into whatever currency was favored locally by a money changer.
A:As long as more than half the original note is clearly intact, a damaged bill may be redeemed at a local bank. Pieces of currency that are not clearly more than half of the original note can be sent to the government for evaluation.
A:According to the National Center for Policy Analysis, the official end to the U.S. Gold Standard came in 1971 when President Richard Nixon announced that the government would no longer redeem dollars for gold. This political move was the last in a line of policies designed to increase purchasing power.
A:According to About.com, a standard roll of nickels contains 40 coins and is valued at $2. A standard roll of U.S. coins, also known as a shotgun roll, refers to one that has been wrapped with tamper-proof ends by a bank or a minting authority.
A:Abraham Lincoln faces a different direction on the penny because the penny is an adaptation of a plaque by Victor David Brenner. The illustration was placed on the penny as a result of President Theodore Roosevelt's love for Brenner's work. Roosevelt recommended to have the illustration placed on the penny during Lincoln's centennial year of 1909.
A:The cashier begins with the amount owed on the transaction and counts the change owed back to the customer one piece at a time, adding up to the amount originally tendered by the customer for the transaction to correctly count back change. Counting back change during cash transactions helps prevent mistakes in the cash drawer and improves customer service.
A:The Seated Liberty silver dollar coin was produced by the U.S. Mint from 1840 to 1873. These coins are composed of 10 percent copper and 90 percent silver, containing a total of 0.77 troy ounces of silver.
A:The first U.S. 5-cent coins, starting in the 1790s, were made of a silver and copper alloy and were smaller than a dime. Called half-dimes, they contained one-twentieth of the amount of silver found in the silver dollar.