United States one-dollar bill

The United States one-dollar bill ($1) is a denomination of United States currency. The first U.S. President (1789–97), George Washington, painted by Gilbert Stuart, is currently featured on the obverse (front), and the Great Seal of the United States is featured on the reverse. The one-dollar bill has the oldest design of all U.S. currency currently being produced. The design seen today debuted in 1963 when it was first issued as a Federal Reserve Note (previously, one dollar bills were Silver Certificates).

The inclusion of the motto, "In God we Trust," on all currency was required by law in 1955, and first appeared on paper money in 1957.

An individual dollar bill is also less formally known as a one, a single, a buck, a bone, and a bill.

The Federal Reserve says the average life of a $1 bill in circulation is 5.9 years before it is replaced because of wear. Approximately 42% of all U.S. currency produced in 2009 were one-dollar bills.

History

Large size notes

United States dollar

The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States and its overseas territories. It is a Federal Reserve Note and consists of 100 smaller cent units.

The U.S. dollar is fiat money. It is the currency most used in international transactions and is the world's most dominant reserve currency. Several countries use it as their official currency, and in many others it is the de facto currency. Besides the United States, it is also used as the sole currency in two British Overseas Territories in the Caribbean: the British Virgin Islands and the Turks and Caicos islands. A few countries use only the U.S. Dollar for paper money, while the country mints its own coins, or also accepts U.S. coins that can be used as payment in U.S. dollars, such as the Susan B. Anthony dollar.

Overview

The Constitution of the United States of America provides that the United States Congress has the power "To coin money". Laws implementing this power are currently codified at 31 U.S.C. § 5112. Section 5112 prescribes the forms, in which the United States dollars should be issued. These coins are both designated in Section 5112 as "legal tender" in payment of debts. The Sacagawea dollar is one example of the copper alloy dollar. The pure silver dollar is known as the American Silver Eagle. Section 5112 also provides for the minting and issuance of other coins, which have values ranging from one cent to 50 dollars. These other coins are more fully described in Coins of the United States dollar.

1-1

1-1 may refer to:

September 1

September 1 is the 244th day of the year (245th in leap years) in the Gregorian calendar. There are 121 days remaining until the end of the year.

Events