It is also vital for the nation’s citizens to agree that the bills have value. If the members of a society decided that they did not believe in the currency, it would quickly be worth no more than the paper it is printed on. For the record, each bill costs the government 6.4 cents to print.
What kind of paper are the bills made from?
Bills are made from a blend of linen and cotton, which is why they don’t fall apart in the wash the way paper does. If you look closely, you can see red and blue silk fibers woven throughout the bill. The threads are thought to be an anti-counterfeit measure. Hint: Look in the white spaces on the face of the bill for little bits of the colored thread. They look like lint but you can’t scratch them off!
On the face of a dollar, what does the letter inside the circular seal mean?
The black seal with the big letter in the middle signifies the Federal Reserve Bank that placed the order for the bill. A = Boston, B = New York City, C = Philadelphia, D = Cleveland, E = Richmond, Va., F = Atlanta, G = Chicago, H = St. Louis, I = Minneapolis, J = Kansas City, K = Dallas, and L = San Francisco.
The letter also corresponds to the black number that is repeated four times on the face of the bill. For example, if you have a bill from Dallas with the letter K, then the number on the bill will be11 because K is the eleventh letter in the alphabet.