Dollar bills have the same design, are the same size, and are legal tender at any date of issue. The denominations of such banknotes vary from one to one hundred US dollars, but there are also rare copies of higher value that have historical and auction value.
Dollar bills are the most stable means of payment, they have retained their original design from the first half of the twentieth century, are legal tender to this day, regardless of the date of issue. The size of any banknote is fixed, the length is 6.14 inches, the width is 2.61 inches. At the same time, the circulation of these banknotes is intensive, so the state daily issues several tens of millions of new banknotes and withdraws worn-out ones.
Denominations of dollar bills
In free circulation today there are banknotes in denominations from 1 dollar to 100 dollars. At the same time, portraits of major politicians and statesmen of the United States of America are depicted on each banknote. In particular, there are the following types of banknotes:
- 1 US dollar depicting George Washington;
- US $ 2 (irregularly issued) featuring Thomas Jefferson;
- 5 US dollars with a portrait of Abraham Lincoln;
- $ 10, which depicts Alexander Hamilton;
- $ 20 with a portrait of Andrew Jackson;
- $ 50 showing Ulysses Grant;
- 100 US dollars - the main banknote with the image of Benjamin Franklin.
At the same time, on the reverse side of each bill, you can see individual moments of the historical past of the United States (most often - a specific building, structure).
Rare samples and protection against counterfeiting
In addition to the banknotes of the listed denominations, the previously issued bills of $ 500, $ 1,000, $ 5,000, $ 10,000 retain their value. The state was actively engaged in their withdrawal from free circulation as part of the policy of limiting the maximum amount of cash payments, but they have been preserved by private collectors. Their actual value at auctions is usually much higher than their face value, so the use of such banknotes as a means of payment is virtually pointless.
The appearance of dollar bills is also seriously influenced by the activities of the state to protect them from counterfeiting. So, over the past years, updated versions of banknotes of almost all denominations have been issued. The changes in the banknotes are minor, as one of the objectives was to preserve their traditional designs and colors as much as possible. The improvement of the applied methods of protection through the release of new means of payment is planned every ten years.
