U.S. Money History

  • Colonial Notes

    Colonial Notes
    Before and after the revolution, Americans used English, Spanish and French currencies. The Massachusetts Bay Colony issued first paper money to colonies.
  • Continental Currency

    Colonists issued paper currency for the Congress to finance the revolutionary war. The notes were not backed and they were easily counterfeited.
  • The Nation's First Bank

    The Congress declared Bank of North America in Philadelphia as the first real bank to give support to the war.
  • The Dollar

    The Dollar
    Dollar adopted as a unit of national currency.
  • The Civil War

    On the brink of bankrupcy, Congress issued paper money in form of Demand Notes.
  • Greenbacks

    Demand notes replaced by U.S. notes, called greenbucks because of the green tint.
  • National Bank Notes

    National bank notes became predominant.
  • Silver Certificates

    Department of Treasury authorized to issue silver certificates in exchange for silver dollars.
  • Federal Reserve Act

    Federal Reserve Act
    Federal Reserve Act was passed. It created the Federal Reserve system to regulate the flow of money.
  • In God We Trust

    In God We Trust
    First paper currency issued with the inscription In God We Trust.
  • Microprinting

    Microprinting and security thread to deter counterfeiting,
  • State Quarters Program

    State Quarters Program
    Program releases five new quarters every year over ten years. 50 quarters feature designs that honor each state. Quarters released in order the states joined the Union.
  • Redesign of $5 and $10 bills

    Redesign of $5 and $10 bills
    Bills redesigned to make counterfeit more difficult.