Do you know your money? (Answers at bottom of post)

1. What is US currency made of?
2. What has US Currency been backed by in the past?
3. What President is on a current $10 bill?
4. What was the largest denomination ever circulated publicly?
5. What was the largest denomination ever printed?
6. What note has never been publicly favored but is still printed today?
7. If a note was printed to replace a damaged one how can you tell?
8. How many Federal Reserve Districts are there?
9. Where does much of the raw material come from for money?
10. How many places is money printed? (Locations)
11. What is the average lifespan of a $1 bill?
12. What colors are the silk threads randomly distributed in money?
13. What is the image called that can be seen in the ‘blank’ area on a note?
14. How much currency is OUTSIDE of the United States? 10%, 20%, 50%, 60%, 90%
15. When does US currency become obsolete?
16. Can the motto ‘In Go We Trust’ be omitted from US currency?
17. It states on the note “for all debits public and private”, so can a business REFUSE to accept it as payment?
18. Is it illegal to write a phone number on a note?
19. Since the denominations above $100 have been taken out of circulation and no longer used is it still illegal to counterfeit tem?
20. On a $1 bill name 4 places that the 13 original colonies are represented.
21. BONUS QUESTION What type of printing is used on current US money?
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ANSWERS
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1. 75% Cotton 25% Linen
2. First Gold then later Silver
3. None, Alexander Hamilton was never President.
4. $10,000
5. $100,000 Used ONLY in Bank-to-Bank transactions.
6. Two Dollar bill.
7. It has a STAR at the end of the serial number.
8. 12, Noted on currency with the letters A thru L and corresponding numbers 1-12.
9. Cotton scraps from Blue-jean manufacturers (Most of the cotton used comes from here)
10. Two, Washington D.C and Fort Worth Texas.
11. 18 months.
12. Red and Blue
13. A Watermark.
14. Just over 60% is held outside of the US.
15. Never, It can always be cashed in at face value.
16. No, It is LAW that every currency both paper and coin have the motto after 1957.
17. YES, But it must be POSTED in plain sight. Many do. Example: “No bills over $20 accepted”
18. Yes, it is considered defacing the note which is illegal but it is rarely ever enforced.
19. YES, they are still redeemable and treated as current legal currency.
20. 13 Arrows in eagle’s talon, 13 holly leaves & 13 holly berries in the other talon, 13 stripes and 13 stars.
21. Intaglio