History of the US Dollar

timeline assignment
of Tithiksha Hiran
 Independence and
Strength

1766

Certain designs of Continental Currency feature illustrations

inspired by the thirteen colonies fighting and defeating Great
Britain in the American Revolution. These illustrations signify
the colonies’ values and virtues.
 The First $2 Note
1775

The first $2 notes are Continentals and are nine days older than
America. On June 25, 1775, the Continental Congress authorizes
issuance of the $2 denominations in “bills of credit” for the
defense of America.
 $10 Demand
Notes
The first $10 notes issued by the U.S. federal
government are Demand Notes, featuring President
Abraham Lincoln’s portrait, fine-line engraving, and
intricate geometric lathe patterns. Each Demand Note 1861
was immediately redeemable in gold or silver “upon
demand” at seven specific banks around the nation. The
Treasury issued Demand Notes in 1861 and 1862.
 Secretary Salmon P.
Chase
1862
The Treasury seal first appears on
currency during the Civil War. The
federal government issues the first
$1 Legal Tender" notes. These
banknotes feature a portrait of
Secretary of the Treasury Salmon P.
Chase.
 Federal Reserve Act
1913

The Federal Reserve Act of 1913

establishes the Federal Reserve as the
nation’s central bank and provides for a
national banking system that is more
responsive to the fluctuating financial
needs of the country. The Federal Reserve
Board issues new currency called Federal
Reserve notes.
The First $10 Federal Reserve Notes
The Federal Reserve Board, which is separate from the Treasury
Department, issues $10 Federal Reserve notes featuring Andrew
Jackson's portrait. These notes are physically larger than $10 bills
currently in circulation.

1914
 The Redesigned
$100 Note

In its first redesign since 1996, the new-design $100 note

features additional security features including a 3-D
Security Ribbon and color-shifting Bell in the Inkwell. 2013
The new-design $100 note also includes a portrait
watermark of Benjamin Franklin that is visible from
both sides of the note when held to light.
 The new-design $5 note features
The Redesigned $5 subtle background colors of light
Note purple and gray. The $5 note
includes an embedded security
thread that glows blue when
2008 illuminated by UV light. Two
watermarks are featured in the $5
note, which are visible from both
sides of the note when held to
light. A vertical pattern of three
numeral 5s is situated to the left of
the portrait and a large numeral 5
is located in the blank space to the
right of the portrait.
Things used to help prevent counterfeiting
current US currency.
One thing used to prevent fake money is a special kind of
ink. The ink used in making real U.S. dollars contains tiny,
hard-to-copy color-changing particles. These particles shift
colors when you tilt the bill, making it difficult for
counterfeiters to replicate. This feature helps people quickly
check if the money is genuine or fake, helping to keep our
currency secure.

Another thing used to prevent fake money in the United

States is a special kind of paper. This paper has tiny threads
in it. These threads are like little pieces of metal. They are
hard to copy or make. When you hold the money up to the
light, you can see these threads. This makes it difficult for
people to create fake bills because they can't easily
Thank you!