$ Learning About Money $
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There are many different types of money. Today we are going to focus on paper bills and different coins.
Bills
$1 Bill
The $1 bill is the smallest paper denomination of US currency. Our first president George Washington current appears on the 1 one-dollar bill.
The one-dollar bill has the oldest design of all U.S. currency currently being produced.
An individual dollar bill is also less formally known as a one, a single, a buck, a bone, and a bill.
The Federal Reserve says the average life of a $1 bill in circulation is 5.9 years before it is replaced because of wear.[2]
Approximately 42% of all U.S. currency produced in 2009 were one-dollar bills.
$2 Bill
The $2 dollar bill is the second to lowest denomination of US currency.
Features our third President Thomas Jefferson of the front and a reproduction of the Declaration of Independence on the back
The bill was discontinued in 1966 but brought back in 1976
Less than 2% of all money produced
$5 Bill
Features our 16th President Abraham Lincoln
Average life span 3.8 years before having to be replaced due to wear
Make up 6% of all paper currency created in 2009.
$10 Bill
Features the first US SEcretary of Treasury Alexander Hamilton on the front and the U.S. Treasury Building is featured on the back.
Hamilton is one of two non-presidents featured on currently issued U.S. bills, the other being Benjamin Franklin on the $100 bill.
Average life span 18 months before being replaced due to wear.
6% of all US money printed in 2009 were $10 bills.
The $10 bill is the only U.S. paper currency in circulation in which the portrait faces to the left.