You probably know that the US 0 bill is the largest denomination in the US today. You may also remember that this note features a picture of Benjamin Franklin’s face. However, there are other interesting things related to this bill that you may not know.
The value of the US currency is among the highest in the world, everyone knows that. It is also widely used worldwide, that fact has been confirmed. Only the behind-the-scenes story of making these new 0 bills is a mystery to many.
Here are 9 interesting points about the 0 bill:
The cost of printing a 100 dollar bill is 12.5 cents, the highest among other denominations. For example, the cost of printing a bill is 10.9 cents, the , , and bills are only 10.3-10.5 cents, and at the very least, the cost of printing a and bill is just 10.3-10.5 cents. is 4.9 cents.
Every year, millions of new bills of each denomination are printed for worldwide consumption. For example, in 2009, 26 million new bills were printed every day. According to statistics, 95% of the money printed every year is used to replace old notes.
There are 26 million new bills printed every day.
Originally, the new 0 bill was scheduled to be issued in 2011. However, due to the addition of two anti-counterfeiting features, it was delayed by two years. These two features are the 3D security strip and the bell-shaped ink bottle. In addition to these two new points, three highly effective anti-counterfeiting features of the old design are still used in the new design: portrait shadows, security lines, and the color-changing number 100.
Mr. Brian Thompson is the main responsible for the new design of the 100 dollar bill issued in 2013. He said: “I consider it as a work of art. Behind this note there is a sentence. long story”.
The design of the new 0 bill has been studied by Mr. Thompson since 2005. On this new 0 bill, Franklin Benjamin’s facial expression must be prominent on the front. This facial expression is based on a 1778 portrait by the French painter Joseph Duplessis. The new note no longer has the oval frame around Franklin’s portrait, so that his head and shoulders are slightly enlarged and appear more prominent.
Two-thirds of the 0 bills are circulated outside the United States.
According to the US Federal Reserve, there are currently about 8.6 billion 0 bills in circulation. This number is second only to the 1 dollar bill with 10.3 billion in use.
According to statistics from the US Federal Reserve, two-thirds of the 0 bills are in circulation outside of the United States, while only one-third of the 0 bills are in circulation in the United States. This shows that the US currency is widely available around the world.
The life cycle of each note depends on its face value, not on the type of paper it was produced on. Each 0 bill is used for an average of 15 years, while each bill has an average lifespan of 5.9 years, the bill is 4.9 years, the bill is 4.2 years, and the 20 The dollar bill is 7.7 years and the bill is 3.7 years. The reason may be that the US dollar is rarely used because of the large denomination, while the smaller denomination bills are more prone to rotation.
Crane & Co has been manufacturing banknotes for denominations since 1879. The person who is running this company is the 8th generation who runs this company.
Each 0 bill is used for an average of 15 years.
If you look closely you will see that the time on the old 0 bill is 4:10 on the Independence Building clock, and the time on the new 0 bill is 10:30, which is also displayed on the Court clock. Independent House. No one understands the reason for this change.
The US Federal Reserve issued the first 0 bill in 1862. At that time, the image represented on this bill was not Benjamin Franklin, but an American eagle, positioned in the middle. front of this bill.
The US Federal Reserve printed the image of Benjamin Franklin on the first banknote in 1914. Although Benjamin Franklin was not the president of the United States, he was considered the country’s “founding god”. He was one of the signers of the Declaration of Independence of the United States. Thus, Benjamin Franklin has been there for 102 years up to this point.
10 . When the bill is held in light, one will see a small, not very detailed portrait of Benjamin Franklin. The linen fiber in the paper makes this watermark blurry, not as sharp as on all-cotton notes.
11 . Tiny letters that can only be read by a microscope appear in the Benjamin Franklin engraving located at the lapel of the collar. No unselected microcharacter may appear on the coin. Engravers working here are prohibited by the government from leaving any marks on their works of any kind.