Our company review, US Currency

Saturday, June 21, 2008

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Interesting Facts about the US currency

• · The first coin minted in the United States was a silver dollar. It was issued onUS currency facts October 15, 1794. The ridges on the sides of coins are called reeding or milling.
• · In 75% of American households, women manage the money and pay the bills.
• · 97% of all paper money in the US contains traces of cocaine. Every day in the United States, people steal $20,000 from coin-operated machines.
• · The face of a penny can hold about thirty drops of water.
• · Pocahontas appeared on the back of the $20 bill in 1875.
• · The numbers ‘172′ can be found on the back of the U.S. $5 dollar bill in the bushes at the base of the Lincoln Memorial.
• · There are four cars and eleven lightposts on the back of a ten-dollar bill.
• · On an American one-dollar bill, there is an owl in the upper left-hand corner of the “1″ encased in the “shield” and a spider hidden in the front upper right-hand corner.
• · A dime has 118 ridges around the edge.
• · A quarter has 119 grooves around the edge.
• · If you toss a penny 10000 times, it will not be heads 5000 times, but more like 4950. The heads picture weighs more, so it ends up on the bottom.
• · If you have three quarters, four dimes, and four pennies, you have $1.19. You also have the largest amount of money in coins without being able to make change for a dollar.
• · The vignette on the reverse of the five-dollar bill depicts the Lincoln Memorial. You may be aware that, engraved on that Memorial are the names of the 48 states in 1922, which was the year the Memorial was dedicated. There are engravings of 26 State names on front of the building, which appears on the note vignette. As a result, only 26 of the States appear on the note.
• · On the new hundred dollar bill the time on the clock tower of Independence Hall is 4:10.