Each historic set features a Series 2013 $1 note
from the Federal Reserve Bank of Philadelphia and a Series 2013 $2 note from the Federal Reserve Bank of San Francisco bearing the portraits of George Washington and Thomas Jefferson, respectively with matching serial numbers beginning with 2018.
government of replacing the $1 note
with a $1 coin four times over the past 20 years, most recently in April 2000.
George Washington--our first President--is featured on the $1 note
Bush on the $1 note
, others included the Barbie doll.
When the smallest bank notes were worth $1 and a newspaper cost a penny, a $1 note
was not liquid; it would not be accepted for most everyday transactions.
The $1 note
will not be redesigned; the Treasury Department does not feel the $1 is at great risk.
WASHINGTON -- A new report released Wednesday by the Government Accountability Office (GAO) shows that the elimination of the $1 note
for a $1 coin is not a viable money-saving solution for America's debt.
The stamp illustrates the change that our currency underwent with the layering of a pre-decimal 1 note with the decimal $1 note
and $1 coin the $1 coin replacing the note in 1984, said Mr Zsolt.
The $100 note is in circulation for 67 more months than the $1 note
The report indicates that eliminating the $1 note
would save the country $4.
Since it was founded, the Bank of Canada has issued two commemorative bank notes: a special $1 note
celebrated Canada s 100th anniversary in 1967 and a commemorative $25 note was issued in 1935 in honour of the Silver Jubilee of King George V.
In summary, a $1 coin would produce a substantial budgetary gain for the federal government, provided that the $1 note
is withdrawn from circulation.