Archive for the ‘Dollar Bill Nicknames’ Category

The United States Twenty Dollar Bill

Friday, December 5th, 2008

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twenty dollar billDid you know that the highest denomination of bank note most frequently used by Americans on an everyday basis is the the United States twenty dollar bill? It is indeed, and this is largely because the twenty dollar bill is arguably the only banknote dispensed by the Banking Auto Teller Machines, or ATM, in the United States. This is probably because it would cost the banks more money to modify these machines to become compatible in dispensing other type of bills. The United States twenty dollar bill is also the most used denomination for withdrawals and cashing in checks.

According to the Bureau of Engraving and Printing, the average life span of a twenty dollar bill in circulation is twenty-five months or two years, before it succumbs to wear and tear and needs to be disposed and replaced. It is also said that twenty dollar bills are just a little over one-fifth of all United States paper currency produced today. These bills are delivered in violet straps by the Federal Reserve Banks for dissemination into public circulation.

The portrait of the seventh United States President, Andrew Jackson, is depicted on the obverse side of the bill, although his actions towards the Native Americans during his tenure leaves a lot to be questioned on the suitability of his representation of the twenty dollar bill. This also fuelled one of the bill’s many alternate monikers,  the ‘Jackson’. The twenty dollar bill is also known as a ‘double sawbuck’, a ‘twenty banger’, and a ‘twomp’. Apart from President Jackson, other famous historical figures, from Presidents to Statesmen, and even American businessmen, that have graced the twenty dollar bills are Alexander Hamilton, Stephen Decatur, James Garfield, Daniel Manning, John Marshall, Hugh McCulloch, George Washington, and Grover Cleveland. President Andrew Jackson became the permanent fixture on the twenty dollar bill from the year 1928 onwards. The visual rendering of the White House is also featured on the reverse side of the bill.

First appearing as a demand note, the twenty made its debut in 1861, and it subsequently evolved with the many classifications and categorizations of the United States currency system, from United States note, national bank note , gold certificate, silver certificate, treasury coin note, and to the current Federal Reserve bank note it is today.

The current series of twenty dollar bills we see today was released on October 9, 2003, and it comes with a light background shading of green and yellow. The oval border previously surrounding Andrew Jackson’s portrait was not included in the new design, with background images of eagles and such added in. The oval border was also omitted out on the riverside side of the bill where the White House is now featured. Scattered all around the reverse side of the bill are also a lot of small and faded numerals of twenties, and this design is formed in the EURion constellation, a pattern of symbols found on new banknote designs since 1996. The pattern is said to be instrumental in preventing counterfeiters using color photocopiers to forge dollar bills. 

The Legendary 100 Dollar Bill

Friday, October 24th, 2008

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Currently, the largest denomination of all Unites States currency, which remains of legal tender, is the one
100 dollar billhundred dollar bill. These bills have been in full circulation since 1969 following the termination of the larger five hundred dollar, one thousand dollar, five thousand dollar, ten thousand dollar, and one hundred thousand dollar denominations. One hundred dollar bills are said to comprise of up to 7 percent of all United States currency produced today.

Delivered by the Federal Reserve Banks in mustard-colored strips, the average life span of the current one hundred dollar bill in circulation, according to the Bureau of Engraving and Printing, is approximately five years or sixty months, before it succumbs to general wear and tear.

The obverse side of the one hundred dollar bill features the famous inventor, diplomat, and U.S. statesman Benjamin Franklin. The bill is also one of two of United States legal tender denominations today which does not feature a President of the United States of America. The other note is the ten dollar bill, which depicts the image of Alexander Hamilton, the first United States Secretary of the Treasury.

The reverse side of the one hundred dollar bill is printed with the illustration of the United Sates Independence Hall. Interestingly, the clock on the building appears to show the time of 2:22 or 2:23, although some currency enthusiasts argues that its actually showing 4:10 instead. Another inconsistency is the numeral four on the clock face which is written as “IV”, whereas the real Unites States Independence Hall shows “IIII” instead.

The first one hundred dollar bill was issued in 1862 as a large sized United States Note, and featured the Bald Eagle on the left side of the obverse. Before showcasing Benjamin Franklin on the Federal Reserve Note in 1914, the one hundred dollar bills produced in prior to that year featured other prominent figures such as George Washington, Abraham Lincoln, and even James Monroe.

In 1928, the smaller standardized sized one hundred dollar bills began its circulation. These smaller bills were also made out to be consistent in design, making all variations of the one hundred dollar bills from then on to carry the same portrait of Benjamin Franklin, the exact border designs on the obverse and reverse, and the vignette of the United States Independence Hall.

Some of the many nicknames one hundred dollar bills have been given are a “Benjamin,” a “Benjie,” a “Frank” or “Franklin”, a “C-note”, a “Century Note”, a “bill”, a “Big-face”, a “Large”, a “Charlie”, and even a “Big one”.

Late in 2008, newer and more secure one hundred dollar bills with enhanced designs and features are expected to be released. One of the state-of-the-art fixture that will grace these notes is the new Crane & Company security feature called Motion™, which consist of up to 650 thousand micro-lenses, which are embedded in the notes during the printing process. This will allow for selected images on the one hundred dollar bill to shift when the note is seen at a certain angle, making it almost impossible for counterfeiters to replicate.

Dollar Bill Nicknames

Friday, September 12th, 2008

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Money roll greenbackThe dollar bill has come a long way. Over the centuries, it has changed hands trillions of times, owned, sold and traded by millions of people, from all walks of life, and travelled the whole world x number of times over. So its no wonder that the dollar bill today has adopted quite a number of nicknames and colloquialisms along its many journeys.

One of the most famous nicknames that the dollar bill has been tagged with is buck. This reference is said to have originated from the fur trade back in the 18th century. Another nickname commonly used until today when referring to the dollar bill is greenback. The name was exclusively applied to the dollar bill during the creation of the Demand Note dollar in the 19th century. Its reference is said to be due to the black and green printing on the back side of the dollar bill, hence greenback! Accredited to Abraham Lincoln, the greenback was used to finance the cost of the American Civil War, up north.

K, is a suffix used to describe the multiple of a thousand dollars. For example, instead of saying eight thousand dollars, one would simply say $8K instead. K, is said to have originated from the first letter of the word Kilo, which is a metric system terminology used to indicate a thousand units. The word, grand, is also another colloquialism frequently used when referring to a multiple of a thousand dollars. People sometimes shorten this designation to the letter, G. For example, 50G would mean fifty thousand dollars. Dollar bills are often referred to by their assigned denominations as well, such as five or ten.

The one dollar bill is sometimes referred to as a “single”, and the two dollar bill a “tom” or a “deuce”. Five dollar bills are sometimes referred to as a “fiver” or “fin”, and even a “five-spot”, whereas the ten dollar bill has been called a “Hamilton”, referring to the portrait of Alexander Hamilton, a “ten-spot”, or a “sawbuck”.

The twenty dollar bill has been given nicknames such as “Jackson,” a “twenty-banger,” a “twomp,” and a “double sawbuck”. Apart from the nickname fifty, the fifty dollar bill has also been referred to as a “half C,” a “half century,” and a “half yard”. A “Benjamin,” a “Benjie,” a “Frank”, a C-note, a Century Note, a “bill”, a “bigface” and even a “large”, are all nicknames given to the one hundred dollar bill.

The dollar bill has also been referred to fondly in different languages. Puerto Ricans and Mexicans living in the US would refer to the dollar bill as peso. Piastre, which is a French word for a unit of currency, is also another moniker used to describe the dollar bill. Mexicans would sometimes refer to the dollar bill as “en inglés” when paying for things with the currency. Coco, another nickname for the dollar bill in Peru, is a pet name given to the portrait of George Washington on the one dollar bill.

Whatever you may call the dollar bill, it is safe to say that it has such a strong influence and an inseparable attachment in our lives that we begin making it our own by giving it labels we identify most closely with. Are there any other nicknames that you’ve heard the dollar bill being called? Please share them with us here.