list of us presidents Most SURPRISING Facts About US Money!

Check out the Most SURPRISING Facts About US Money! From pennies being expensive to counterfeited dollar bills, this top 10 list of mysterious facts about us currency will amaze you!

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8. Pennies and Nickels Are Expensive!
In 2013, Canada officially withdrew pennies from circulation, citing the excessive and impractical costs of production. The United States has yet to follow suit, but is faced with the same dilemma: our pennies and nickels cost more to make than they’re worth. Some experts even argue that the continued production of these coins, particularly the penny, could ultimately bankrupt the government.

7. Where Are All the Dollars?
In 2016, the Federal Reserve reported that there’s at least $1.4 trillion in U.S. currency currently in circulation. But the whereabouts of only about 15 percent of that money is known, with an astounding two-thirds of $100 bills being included in that figure.The traceable funds are mostly located in banks and being used for everyday transactions throughout the country. So, you’re probably wondering...where’s the rest of it?

6. The Biggest Counterfeiter of US Currency
Over the years, North Korea has developed a reputation for being very skilled at creating fake American money. For decades, the “hermit kingdom” was responsible for the existence of a sophisticated counterfeiting program that generated near-perfect $100 bills. U.S. officials dubbed these bills “supernotes” and believe that at times, North Korea earned up to $25 million per year from this phony currency.

5. The Largest Bill Ever Made
The 1934 $100,000 gold certificate was the largest bill ever produced and is therefore a commonly sought-after item by amateur collectors, individuals in possession of fakes, and those hoping to get rich overnight. Don’t get your hopes up, however. These banknotes were printed specifically for transactions between Federal Reserve banks and were never meant to fall into public hands.

4. Where’s the President?
Did you know there’s no President on the Highest-Denomination bill ever issued to the public?
The largest bill ever issued into public circulation by the federal U.S. government was the $10,000 bill. It was first printed in 1918, was last printed in 1945, and was discontinued in 1969.

3. No Portraits of Living People Allowed
In recent years, rumors have circulated on the internet and on social media that living former presidents, such as Barack Obama, were slated to appear on U.S. money. But this simply isn’t possible, because it’s against federal law for portraits of living people to appear on American currency. This law was passed in 1866 as the result of an embarrassing mix-up on behalf of Spencer M. Clark, the superintendent of the National Currency Bureau at the time.

2. BOOKER T. WASHINGTON
In 2016, plans to introduce the first woman to a U.S. bill in over a century were announced by the Department of Treasury. Abolitionist and former Harriet Tubman would not only hold the distinction of being the first woman on American money in over 100 years, but she would be the first African-American featured on a U.S. banknote.

1. The US Mint Has Produced Coins for Other Countries
The United States Mint has produced approximately 10.7 trillion coins for over 40 countries, starting in 1875 with the manufacture of two coins for Venezuela. The year before, Congress had authorized the Mint to manufacture coins for other countries, as long as the foreign country paid for it and the Mint’s obligations for producing U.S. money were met.

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list of us presidents Most SURPRISING Facts About US Money!
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