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First paper money used by the Massachusetts bay colony to pay for war expenses
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Continental Congress used this paper money to pay for the Revolutionary War but lost their value because they were easily counterfeited.
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First national bank that was established in Philidalphia.
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This is when the U.S. started using the dollar as a unit for money.
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Coinage Act made the U.S. Mint and established the value of gold, silver, and copper coins.
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This is when the first U.S. Mint was established by the Department of Treasury.
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These bills were used to finance the Civil War and were the first paper money in general circulation.
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These were the first ten dollar bills
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Secret Service was established and used to control counterfeiters.
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The Bureau of Engraving and Printing was established and started printing US currency.
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Background color was used on the twenty dollar gold certificate and had a gold tint and a red seal.
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The Federal Reserve Act was created and started making federal reserve notes and federal currency.
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This was the first ten dollar Federal Reserve Note in circulation.
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This is when paper money first showed In God We Trust on the note.
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this is when microprinting was used of FED notes to stop counterfeits and first appeared on one hundred dollar bills.
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The redesigned bill was created to stop counterfeiters and made the face bigger and off center.
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The ink shift method was used to stop counterfeits. The ink changed from black to green when tilted.
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FED produced money with colored backrounds to help people with sight problems and to help stop counterfeits. It started with the $20 then went to the $50, $10, and $5 in the next couple years.
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This new bill has many security features including 2 watermarks, a security thread, small number 5's, and has colored backrounds.