La historia de la moneda de los EE. UU.

Al rastrear el origen de nuestra moneda hasta la época colonial, podemos explorar cómo la historia estadounidense ha ayudado a dar forma a la manera en que diseñamos, emitimos y procesamos los modernos billetes de los EE. UU.

Períodos de influencia

Los siguientes siglos resultaron ser cruciales para el desarrollo de la moneda de nuestra nación. Explore la línea de tiempo para saber más.

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1700s

1690

Colonial Notes

Paper currency in the United States is born, issued by the Massachusetts Bay Colony to fund military expeditions. Other colonies quickly take up the practice of issuing paper notes.

Image: Smithsonian National Museum of American History by Leonard H. Finn, Usage Conditions Apply (https://www.si.edu/Termsofuse)

1739

Franklin's Unique Colonial Notes

Benjamin Franklin takes on counterfeiting, using his Philadelphia printing firm to produce colonial notes with nature prints—unique raised patterns cast from actual leaves. This process adds an innovative and effective counterfeit deterrent to notes.


1775

Continental Currency

The phrase “not worth a Continental” is coined after the Continental Congress issues paper currency to finance the Revolutionary War, currency that quickly loses its value because of a lack of solid backing and the rise of counterfeiting.

Image: University of Notre Dame, Public Domain

1775

The First $2 Note

$2

The first $2 notes are Continentals and are nine days older than America. On June 25, 1775, the Continental Congress authorizes issuance of the $2 denominations in “bills of credit” for the defense of America.


1775

Independence and Strength

The Continental Congress authorized issuance of paper money, Continental Currency or Continentals, to support the American Revolutionary War. Certain designs featured illustrations that signified the colonies’ values, such as independence and strength.

Image: National Numismatic Collection at the Smithsonian Institution, Creative Commons Attribution-Share Alike 3.0 Unported

1785

Adoption of the Dollar Sign

$1

The United States officially adopts the dollar sign in 1785. The symbol evolves from the Spanish American figure for pesos. From colonial to modern times, the United States has issued several types of banknotes with unique purposes, like paying taxes, earning interest on an investment, or buying goods.

Image: Jesper Zedlitz, Creative Commons Attribution-Share Alike 3.0 Unported

1791

The Bank of United States

Alexander Hamilton establishes the Bank of the United States to create a system of credit for the government. The bank is the first of several in the country to issue private currencies facilitating borrowing and lending.

Image: , CEP Website

1792

The Mint Act

On April 2nd, 1792, Congress establishes the coinage system of the United States by passing “The Mint Act.” The U.S. adopts the decimal system for currency.

Image: U.S. Government, Public Domain

1800s

1813

President James Madison

James Madison’s portrait features on multiple series of the $5,000 Treasury bearer notes. These large value notes are originally redeemable for gold. The note back features George Washington resigning his commission.


1861

"Greenbacks"

$5, $10, $20

In order to finance the Civil War, Congress authorizes the U.S. Department of the Treasury to issue non-interest-bearing Demand Notes. These notes earn the nickname “greenbacks” because of the green ink on the back. All U.S. currency issued since 1861 remains valid and redeemable at full face value.

Image: Federal Reserve Bank of San Francisco

1861

$10 Demand Notes

$10

The first $10 notes issued by the U.S. federal government are Demand Notes, featuring President Abraham Lincoln’s portrait, fine-line engraving, and intricate geometric lathe patterns. Each Demand Note was immediately redeemable in gold or silver “upon demand” at seven specific banks around the nation. The Treasury issued Demand Notes in 1861 and 1862.

Image: Federal Reserve Bank of San Francisco

1862

United States Notes

$1, $2, $5, $10, $20, $50, $100

After the Treasury issued Demand Notes, Congress authorizes a new class of currency known as “United States notes” or “Legal Tender notes.” These notes replace Demand Notes. They continue to circulate until 1971. Similar to Demand Notes, they are nicknamed "greenbacks."

Image: , Public Domain

1862

Secretary Salmon P. Chase

$1

The Treasury seal first appears on currency during the Civil War. The federal government issues the first $1 Legal Tender" notes. These banknotes feature a portrait of Secretary of the Treasury Salmon P. Chase.

Image: The Bureau of Engraving and Printing, Creative Commons Attribution-Share Alike 3.0 Unported

1863

First Division of the National Currency Bureau

Congress creates the Office of the Comptroller of the Currency (OCC) and National Currency Bureau to handle the newly created National Bank Notes.

Image: United States Department of the Treasury, Creative Commons Attribution 3.0 Unported

1863

A National Banking System

Congress establishes a national banking system and authorizes the U.S. Department of the Treasury to oversee the issuance of National Banknotes. This system sets Federal guidelines for chartering and regulating "national" banks and authorizes those banks to issue national currency secured by the purchase of United States bonds.


1863

Trumbull's Paintings

$100

The first $100 and $500 national bank notes feature John Trumbull’s paintings “Declaration of Independence” and “Surrender of General Burgoyne.” Both paintings now hang in the U.S. Capitol Building.

Image: Architect of the Capitol, Public Domain

1865

The Secret Service

The United States Secret Service is established to deter counterfeiters, whose activities diminish the public’s confidence in the nation's currency.

Image: U.S.S.S., Public Domain

1869

Centralized Printing of United States Notes

$20, $100

The Bureau of Engraving and Printing begins engraving and printing the faces and seals of U.S. banknotes. Before this, U.S. banknotes were produced by private banknote companies and then sent to the Bureau of Engraving and Printing for sealing, trimming, and cutting.

Image: CEP Website

1869

George Washington on $1 Note

$1

The 1869 series of United States notes features the first use of George Washington’s portrait.

Image: Museum of Fine Arts, Boston, Public Domain

1874

Bureau of Engraving and Printing

Congressional legislation recognizes the U.S. Department of the Treasury’s Bureau of Engraving and Printing (BEP) with specific allocation of operating funds for fiscal year 1875.


1877

Engraving and Printing

Congress mandates that the U.S. Department of the Treasury solely performs the engraving and printing of notes, bonds, and other securities of the United States. 

Image: Bureau of Engraving and Printing, Creative Commons Attribution-Share Alike 3.0 Unported

1878

Silver Certificates

The U.S. Department of the Treasury issues silver certificates. Legislation directing an increase in the purchase and coinage of silver authorizes the creation of the certificates.

Image: CEP Image Collection

1881

Senator Blanche Kelso Bruce

Former United States Senator Blanche Kelso Bruce is the first African-American to have his signature on American paper currency. He becomes the Register of the United States Treasury in 1881.

Image: National Museum of American History, Public Domain

1886

Women on Currency

$1

$1 silver certificates feature Martha Washington in their 1886 and 1896 series.

Image: The Bureau of Engraving and Printing, Creative Commons Attribution-Share Alike 3.0 Unported

1890

Treasury Notes

The U.S. Department of the Treasury begins issuing Treasury notes.

Image: The Bureau of Engraving and Printing, Creative Commons Attribution-Share Alike 4.0 International

1896

Jim the Penman

Emmanuel Ninger is arrested for counterfeiting banknotes. Nicknamed “Jim the Penman” by the U.S. Secret Service, Ninger uses only a pen and a brush to counterfeit money. While his work is convincing, he is caught because the ink dissolved on one of his counterfeits.

Image: American Numismatic Society

1896

Educational Note Series

In 1896 US released a series of silver certificates with neoclassical designs. They were referred to as the "Educational Series". The $1 note had allegorical figures of history instructing the youth. Two dollar notes had figures of science presenting the children, Steam and Electricity, to adults, Commerce and Manufacture.

Image: The Bureau of Engraving and Printing, Creative Commons Attribution-Share Alike 4.0 International

1900s

1913

Federal Reserve Act

The Federal Reserve Act of 1913 establishes the Federal Reserve as the nation’s central bank and provides for a national banking system that is more responsive to the fluctuating financial needs of the country. The Federal Reserve Board issues new currency called Federal Reserve notes.

Image: , Public Domain

1914

The First $10 Federal Reserve Notes

$10

The Federal Reserve Board, which is separate from the Treasury Department, issues $10 Federal Reserve notes featuring Andrew Jackson's portrait. These notes are physically larger than $10 bills currently in circulation.

Image: The Bureau of Engraving and Printing, Creative Commons Attribution-Share Alike 4.0 International

1918

$1,000 Federal Reserve Notes

The Federal Reserve Board issues $1,000 notes featuring Alexander Hamilton’s portrait. This bill is discontinued in 1969.

Image: CEP image collection

1918

$10,000 Federal Reserve Notes

The Federal Reserve Board issues $10,000 notes featuring Salmon P. Chase’s portrait. This note is intended for bank-to-bank large value transfers, not public circulation.

Image: The Bureau of Engraving and Printing, Creative Commons Attribution-Share Alike 4.0 International

1929

Standardization of Design

$1, $2, $5, $10, $20, $50, $100

The appearance of U.S. banknotes changes greatly in 1929. In an effort to lower manufacturing costs, all Federal Reserve notes are made about 30 percent smaller—measuring 6.14 x 2.61 inches, rather than 7.375 x 3.125 inches. In addition, standardized designs are instituted for each denomination, decreasing the number of designs in circulation and making it easier for the public to distinguish between genuine and counterfeit notes.

Image: The Bureau of Engraving and Printing, Creative Commons Attribution-Share Alike 4.0 International

1934

$100,000 Gold Certificate

The Treasurer of the United States issues $100,000 gold certificates to Federal Reserve Banks to settle large value transactions. The gold certificate features Woodrow Wilson and do not circulate amongst the public.

Image: The Bureau of Engraving and Printing, Creative Commons Attribution-Share Alike 4.0 International

1935

Great Seal of the United States

$1, $2, $5, $10, $20, $50, $100

$1 Federal Reserve notes feature the obverse and reverse of the Great Seal of the United States. The Seal dates to 1782. Its reverse side depicts the Eye of Providence and an unfinished pyramid symbolizing the nation’s strength and duration. The Seal’s obverse side shows an eagle bearing a shield and clutching both an olive branch and arrows in its talons.

Image: CEP Image Collection

1941

"Know Your Money" Campaign

The Secret Service prints “Know Your Money” booklets to educate the public on designs and features of genuine currency. It features cartoons and displays images of counterfeit bills next to genuine bills.

Image: American Numistmatic Society, US Secret Service, http://numismatics.org/know-your-money-educating-the-public-about-counterfeit-money/

1942

Special World War II Currency

The BEP prints Silver Certificates and Federal Reserve notes bearing a “Hawaii” overprint. These items only circulate in Hawaii, and their brown seals and serial numbers differentiate from other certificates. They are easily identifiable and can be declared valueless if Hawaii is overran by enemy forces.

Image: The Bureau of Engraving and Printing, Creative Commons Attribution-Share Alike 4.0 International

1943

Allied Military Currency

The BEP prints Allied Military Currency for the use by Allied invasion forces in Italy. AMC helped prevent inflation after an Allied forces landed in Sicily. Soldiers used similar AMC in Austria, Germany, France and Japan.

Image: Banknote World, Public Domain

1945

$500 Federal Reserve Notes

The Federal Reserve Board issues $500 bills that feature President William McKinley’s portrait. These circulate for roughly two decades and remains legal tender.

Image: The Bureau of Engraving and Printing, Creative Commons Attribution-Share Alike 4.0 International

1956

"In God We Trust"

Following a 1955 law requiring “In God We Trust” on all currency, the motto first appears on banknotes on series 1957 $1 silver certificates, then on 1963 series Federal Reserve notes.


1963

Currency and Gold

Congress prohibits the redemption of currency for gold.

Image: The Bureau of Engraving and Printing, Creative Commons Attribution-Share Alike 4.0 International

1963

The First ATM

Automated teller machines (ATM) first appear in New York City. They allow bank customers to retrieve cash from their accounts without needing to visit the bank.


1969

End of Large Denomination Bills

On July 14, 1969, the Federal Reserve and the U.S. Department of the Treasury announced that banknotes in denominations of $500, $1,000, $5,000, and $10,000 would be discontinued due to lack of use. Although they were issued until 1969, they were last printed in 1945.

Image: The Bureau of Engraving and Printing, Creative Commons Attribution-Share Alike 4.0 International

1971

United States Notes Discontinued

Because United States notes no longer served any function not already adequately met by Federal Reserve notes, their issuance was discontinued and, beginning in 1971, no new United States notes were placed into circulation.

Image: The Federal Reserve Bank of San Franciso, Public Domain

1976

Reintroduction of the $2 Note

$2

On the 233rd anniversary of Thomas Jefferson's birth, and to commemorate the bicentennial, the $2 Federal Reserve note is re-introduced featuring a new vignette: Trumbull's painting "The Signing of the Declaration of Independence."

Image: CEP image collection

2000s

2021

Women’s Impact in the History of U.S. Currency

$1, $5

For the first time in history, two women’s signatures appear on Federal Reserve notes. U.S. Treasurer Chief Lynn Malerba and U.S. Treasury Secretary Janet Yellen will have their signatures featured on Series Year 2021 banknotes. Janet Yellen is the first woman to serve as the U.S. Secretary of the Treasury, while Chief Lynn Malerba is the first Native American to serve as the U.S. Treasurer. 

Image: