The series of United States one-dollar bills that began in 1969 were unique in that they featured an updated seal for the United States Treasury. The new seal featured a more simplified design, and the focal image of the shield was given a more square shape.Know More
The most profound difference in the revised seal on the 1969 dollar bill was the inscription that could be found around the circumference of the seal. Prior to the 1969 series, the inscription read "Thesaur. Amer. Septent. Sigil" which is an abbreviation for "Thesauri Americae Septentrionalis Sigillum," or "The Seal of the Treasury of North America". On the 1969 dollar bill, these words were simplified further to read "The Department of the Treasury, 1789".
1969 also signified the end of the higher note denominations in United States money supply. The United States Treasury had discontinued printing the $500, $1000, $5000 and $10,000 notes back in 1934, leaving the $100 bill as the largest. By 1969, the supply was running out, but the demand for bills over $100 had declined to the point that the Treasury decided it was more cost-efficient to remove the notes from circulation instead of printing another series, and it destroyed the ones it still retained in its vaults.Learn more about Coins & Currency
The portrait on the $50 bill is of Ulysses S. Grant. He was the commanding general of the Union Army and was later elected as the 18th president of the United States.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 >
President Grover Cleveland is pictured on the most recently issued $1,000 bills, first printed as a small Federal Reserve Note in 1928. Prior to 1928, Alexander Hamilton was featured on notes of the same denomination beginning in 1918.Full Answer >
The $5 bill issued by the United States Mint in 1953 is distinctive in that it showcases a red seal and serial number, according to Old Currency LLC. The bill includes a portrait of President Abraham Lincoln in the center and the digit "5" in each corner of the bill.Full Answer >