The dollar is one of the strongest currencies in the world, which is recognized as the currency of the United States. The currency of the United States i.e., the Dollar is the most dominant currency and the demand for U.S currency is increasing day by day.
Nowadays, People have very much interest in the facts of U.S currency, especially the third-word countries are more curious to know about it.
Because of this, an outstanding question arises i.e., What is the lowest value of paper money without the portrait of a U.S President?
Regarding the current currency, the $10 bill of the U.S is the lowest value of paper money without the portrait of a US President. The portrait of Alexander Hamilton is regarded on the $10 bill. He was the first Secretary of the Treasury.
The $100 bill is another paper money of US currency that doesn’t consist of a portrait of the US president. It has the portrait of Benjamin Franklin. One more unique fact about the $10 bill is that it is the only paper money of US currency on which the portrait is printed on the left side.
Portraits On The Paper Money Of The United States of America.
On the paper money of United States, Except the bills of $10 & $100, you will find a portrait of the former president of the U.S. Here is the list of the paper money with different portraits –
Portrait of George Washington on the $1
Portrait of Thomas Jefferson on the $2
Portrait of Abraham Lincoln on the $5
Portrait of Alexander Hamilton on the $10
Portrait of Andrew Jackson on the $20
Portrait of Ulysses S. Grant on the $50
Portrait of Benjamin Franklin on the $100
Reason Behind The Portrait Of Alexander Hamilton on the $10 bill.
Alexander Hamilton was one of the Founding Fathers of the United States. He was born on September 11, 1789, in Charlestown, the capital of the island of Nevis on the Leeward Island. He was a famous American Statesman, politician, military commander, lawyer, legal scholar, economist, and banker. Alexander was not a Native American, he came to New York for educational purposes. He became the senior assistant of the new Continental Army to General Washington, in the year 1777. After the war, Alexander Hamilton became the representative to the Congress of the league from New York.
He was the first Secretary of the treasury and the founder of the Bank of New York.
Amazing Facts About The Currency Of The United States.
Here, I have listed some of the interesting facts about the currency of the United States of America which you should know-
In 1862, the first US paper money was printed.
In 1869, the $1 banknote was first represented by the portrait of George Washington.
The only woman who has the portrait on US dollars is Martha Washington.
The authority prints 37M notes per day and it is equal to $696 million.
9.7 tons of ink per day is used by the two Money factories.
Decision Of The Portrait Of Every United States Bill.
There are no exact criteria for the selection of portraits for the final decision of faces for United States bills. To determine the face of US paper money, the final decision can be taken only by the secretary of the treasury department. The use of portraits of any living being for US bills is completely prohibited by Federal Law. Therefore the Secretary of the Treasury Department doesn’t allow the face of any living being for United States Currency.
