U.S. Money Timeline

  • The Nation's First Bank

    The Nation's First Bank
    The Continental Congress created the Bank of North America in Philadelphia as the nation's first “real” bank.
  • The Dollar

    The Dollar
    The Continental Congress adopted the dollar as the unit for national currency.
  • U.S. Mint

    U.S. Mint
    The Federal Monetary System was established with the creation of the U.S. Mint in Philadelphia.
  • Coins

    First U.S. Coins were struck
  • In God We Trust

    In God We Trust
    Paper money was first issued with the inscription “In God We Trust” in 1957.
  • Security Thread and Microprinting

    Security Thread and Microprinting
    A security thread and microprinting were introduced to deter counterfeiting by advanced copiers and printers.
  • New Quarters

    New Quarters
    New Quarters were scheduled to run from 1999 until 2008, with five new quarters released every year. The 50 new quarters will feature a design that honors each state.
  • Redesign of $5 and $10 to prevent counterfeit

    Redesign of $5 and $10 to prevent counterfeit
    The U.S. Treasury introduced redesigned $5 and $10 bills to make counterfeiting more difficult. The new notes feature oversized pictures of Abraham Lincoln and Alexander Hamilton that are slightly off-center.