Who Is American Money?

The United States dollar is the official currency of the United States and its territories, as established by the United States Constitution. The US dollar is divided into cents or unit 100 with the circulating money consisting of Federal Reserve notes. US coins are produced by the US Mint while banknotes are produced by the Bureau of Engraving and Printing. Coins and banknotes have unique features apart from the dollar symbol and the value of the currency. These features are printed or engraved on the face or back of coins and banknotes. Most coins and bills have the faces of important figures of the past including presidents and statesmen as recognition and honor for their contribution to US history.

Statesmen on American money

Presidents on American money

The presidents dominate the design of US paper money and coins. US law prohibits the use of faces of presidents or living people as an image on banknotes and coins. George Washington, the founding father and the first president of the United States, is on both sides of the dollar bill. It was in the dollar account from 1869, seven years after the account was put into circulation. George Washington was also on the observational side of the quarter coin from 1924. Thomas Jefferson is on both sides of two dollars. He has been in office since 1869. Jefferson has also appeared on Nickel since 1943. Abraham Lincoln, who was the 15th president of the United States and who was credited with ending slavery, has been in the dollar account for five years after 1914. The phrase ” appears on the observer side of the dime. The portrait of John F Kennedy, the president of 35th, appears on the half-dollar coin commonly referred to as half a Kennedy dollar.

Non-presidents on American money

Only two non-presidents are present on the banknotes in circulation in the United States. Alexander Hamilton, the first US Treasury Secretary, is present on the ten-dollar bill. His image replaced Lincoln’s, which was initially described in the first ten dollar bills. Benjamin Franklin has been described as the only “president” in the United States who was never president and one of the founding fathers of the United States was presented on the 100 dollar bill from 1914.

The reverse side of American coins

The Presidential Seal of the United States is used to mark correspondence from the President’s office to Congress. It appears on the back of the half-dollar coin as the iconic Statue of Liberty appears on the back of the dollar coin. The quarter dollar coin is intended to present five new designs on the back each year and a design in 2021 with each design depicting a national park or national site of the states, federal districts and territories of the United States.

Who is American money?

degree Currency name Quantity Image Obverse Reverse Image (2017)
1 Penny $ 0.01 Abraham Lincoln Union Shield
2 Nickel $ 0.05 Thomas Jefferson Monticello
3 Of me $ 0.10 Franklin D. Roosevelt Torch, oak branch, olive branch
4 Quarter $ 0.25 George Washington America the Beautiful Quarters
5 Half a dollar $ 0.50 John F. Kennedy Seal of the President of the United States
6 One dollar coin $ 1 Every deceased president Statue of Liberty
7 One dollar bill $ 1 George Washington George Washington
8 Two dollar bill $ 2 Thomas Jefferson Thomas Jefferson
9 Five dollar bill $ 5 Abraham Lincoln Abraham Lincoln
10 Ten dollar bill $ 10 Alexander Hamilton Alexander Hamilton
11 Twenty dollars $ 20 Andrew Jackson Andrew Jackson
12 Fifty dollar bill $ 50 Ulysses S. Grant Ulysses S. Grant
13 Hundred dollar bill $ 100 Benjamin Franklin

 

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