The U.S. dollar bill has changed multiple times since it was first issued in 1862. Though the changes have mostly been gradual, the accumulated effect of these changes have resulted in a dollar bill that is much different today than it was during the 1860s.Continue Reading
Most paper currency that circulated in the late 1800s and the early 1900s were National Bank Notes, which were issued from 1863 to 1932. The federal government began printing these notes itself in 1877.
From 1933 to 1957, the closest thing to a $1 bill was a silver certificate. These silver certificates featured the treasury seal and serial numbers in red ink. In 1934, the U.S. Treasury changed the wording on the bill from "One Silver Dollar" to "One Dollar." The same year, the U.S. Treasury seal was superimposed over the "One" on the bill, and a blue "1" was added on the left side of the bill.
This blue "1" was changed to gray in 1935. The treasury seal was minimized, and stylized text of "One Dollar" was added on top of the seal.
The 1957 dollar bill was the first U.S. currency to include the phrase "In God We Trust." In 1963, the border design on the bill was redesigned, and the treasury numbers and serial numbers were first printed in green ink.Learn more about Coins & Currency
There are many different dollar bills that are valuable; however, one must know what to look for when evaluating dollar bills. As with any currency, the highest-valued dollar bills are those in uncirculated conditions.Full Answer >
As of 2014, there has never been a $1 million bill printed by the U.S. government. The largest bill printed in U.S. history is a $100,000 bill, and it was only printed in two years, 1934 and 1935.Full Answer >
Modern $2 bills are not rare because the $2 bill is still printed and in circulation, explains the U.S. Department of the Treasury. As of 2015, the most recent printing of $2 bills was 2003. The Treasury estimates there were approximately $1.5 billion of $2 bills in circulation in 2007.Full Answer >
The 1928 "small size" $20 bills featuring Andrew Jackson were issued as Federal Reserve Notes, gold certificates, Federal Reserve bank notes, national bank notes and special-issue Hawaii notes. The value of a these bills can vary significantly and is determined by following a sequence of steps.Full Answer >