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ObamaNation See other ObamaNation Articles Title: These Are The Security Features Of American Money In 1739, Benjamin Franklin sought to tackle the issue of counterfeit money in America, using a printing press and leaves to create unique raised patterns on the colonial notes. Almost 300 years later, Benjamin Franklin is the face of the U.S. $100 bill, and it is protected by a myriad of security features including secret images, special ink, hidden watermarks, and magnetic signatures, among others. In this infographic below, Visual Capitalist's Avery Koop and Mark Belan have broken down the $100 bill to showcase the anatomy of American currency. The Makeup of American Money ① Serial Numbers & EURion Constellation The EURion constellation is star-like grouping of yellow rings near the serial number. It is only detectable by imaging software. ② Color Changing Ink ③ Microprinting ④ Intaglio Printing ⑤ Security Threads & 3D Ribbons Additionally, 3D ribbons are placed in the center of $100 bills with a pattern that slightly changes as it moves. ⑥ Paper, Fibers, & Watermarks The Relevance of Cash Interestingly, a number of $500-$10,000 dollar bills are in someones pockets. And while they are not issued anymore, the Fed still recognizes the originals of these bills that were legally put into circulation in the past. Additionally, there is fake money passing hands in the U.S. economy. Being the most widely-accepted currency in the world, its no wonder many try to falsely replicate American money. According to the U.S. Department of Treasury, there are approximately $70 million in counterfeit bills currently circulating in the country. Finally, a natural question arises: how many people still use cash anyways? Well, a study from Pew Research Center found that it while it is a dwindling share of the population, around 58% of people still use cash for some to all of their weekly purchases, down from 70% in 2018 and 75% in 2015. Poster Comment: The highest denomination bill I've ever seen was a $5,000 note. My folks took it in exchange for my maternal grandfather's dry cleaning plant downtown after he died around 1971. As I recall, It became Rock's Body Shop for awhile. The property is now part of the Indiana Institute of Technology bordered by Washington, Maumee (Jefferson) and Anthony streets. I don't know what the western border is. I still have some stuff from his store floating around; some branded beeswax zipper sticks with the original five digit phone number (they're still good) and some metal clips with a hook that you put over the top of a car window to hold the clothes on the hangers. Those were branded with a decal and phone number. Post Comment Private Reply Ignore Thread Top Page Up Full Thread Page Down Bottom/Latest Begin Trace Mode for Comment # 1.
#1. To: Esso (#0)
That $10,000 bill would have bought 288 ounces of gold in 1934. That's about $525,000 today!
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