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By Jon Dulin
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After burning the midnight oil and reading through the National Archives, I have the following money facts I know you will enjoy.
- #1. One bill weighs 1 gram, and 454 bills equal one pound.
- #2. The Federal Reserve is missing 2/3 of the $100 bills they printed.
- #3. The most counterfeited denomination is the $20 bill.
- #4. North Korea is the largest counterfeiter.
- #5. Emerich Juettner was a pro at counterfeiting.
- #6. The typical lifespan of a $1 bill is just 18 months.
- #7. You can make your worn out money crisp again.
- #8. Money is recycled when worn out.
- #9. Cash is dirty.
- #10. The creation of the Secret Service was to fight counterfeiting.
- #11. Before the Federal Reserve in 1913, each bank printed its own money.
- #12. Germans used money as wallpaper.
- #13. Move to Zimbabwe to be a billionaire overnight.
- #14. Only 8% of the world’s currency is actual physical money.
- #15. Machines print more monopoly money in a given year than money in the entire world.
- #16. Speaking of printing money, the U.S. prints paper cash at two facilities.
- #17. The ink used to print money is high-tech.
- #18. The blue ribbon in $100 bills dances.
- #19. Money engravers are highly skilled.
- #20. The U.S. once made a $100,000 bill.
- #21. Martha Washington is the only woman to appear on a U.S. currency note.
- #22. The first gold rush was in North Carolina.
- #23. Secret designs on the $1 bill link it to the original 13 colonies.
- #24. All 50 states are across the top of the Lincoln Memorial on the back of a $5 bill.
- #25. Over 60 communities throughout the U.S. have their own local currency.
- #26. Apple makes on average over $163 million a day.
- #27. Quarters and dimes have ridges because people used to “shave” the edges of the coins when they were pure metal.
- #28. Pennies in your garden deter pests.
- #29. One penny costs more to manufacture than it is worth.
- #30. Loose change really does add up.
- #31. The average person has $56 of loose change in their house.
- #32. The average allowance is now $120 a month.
- #33. Curious where piggy banks originated from?
- #34. There are ATMs on every continent on Earth.
- #35. More than half of lottery tickets sold are bought by 5% of people.
- #36. Women who wait to marry earn more.
- #37. The lottery kills you.
- #38. Pablo Escobar spent $2,500 a month on rubber bands.
- #39. Rats like to eat money.
- #40. A coin once sold for over $40 million dollars.
- #41. There are 293 ways to make change for $1.
- #42. If you have $10 in your pocket and no debt, you are wealthier than 25% of Americans.
- #43. Salmon P. Chase is the first person to appear on paper money.
- #44. Paper bills aren’t paper.
- #45. The penny is the only coin where the figure faces right.
- #46. The $10 Bill is the only paper note where the figure faces left.
- #47. A Delaware farm mulches more than four tons of worn-out U.S. cash into compost daily.
- #48. Early Romans used salt as a form of money.
- #49. Queen Elizabeth II appears on the most money.
- #50. The gambling industry earned $61 billion in revenue last year, more than Netflix and Disney Plus combined.
- #51. More people think about and fantasize about money than sex.
- #52. Only 2 Non-Presidents appear on U.S. currency.
- #53. No living person can appear on U.S. currency.
- #54. To prevent counterfeiting, the U.S. Mint uses green ink.
- #55. Paper receipts were the start of paper currency.
- #56. The first paper money was issued in 1690.
- #57. The United States once had 8,000 different kinds of money.
- #58. The Constitution only allowed the government to issue coins.
- #59. Foreign coins were legal tender in the United States.
- #60. Tea bricks were the use of currency by some people.
- #61. The average American spends $27 annually at the vending machine.
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Filed under: Experts Invited, iMBA, Inc., Investing | Tagged: Jon Dulin, money, money facts, national archives |
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