Bill Bounty

Types of U.S. Currency

Every type of paper money ever issued by the United States — from the Continental Dollar of 1775 to the Federal Reserve Notes in your wallet today.

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Overview of U.S. Paper Money

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A complete guide to every category of U.S. paper currency ever issued — what made each type unique and why most no longer exist.

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Continental Currency (1775–1779)

America's first paper money — printed to fund the Revolutionary War, destroyed by British counterfeiting, and so thoroughly debased it gave English the phrase "not worth a Continental."

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Demand Notes (1861–1862)

The first paper money issued by the United States government in the Civil War era — the original "greenbacks," redeemable on demand for gold coin.

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United States Notes / Legal Tender Notes (1862–1971)

The "greenbacks" of Civil War fame — the first fiat currency of the United States, issued without gold backing, and the subject of fierce constitutional debate.

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National Bank Notes (1863–1935)

The currency that unified American money after the Civil War — issued by over 12,000 individual banks, each with its own unique design, and collectively one of the richest areas of U.S. currency collecting.

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Silver Certificates (1878–1964)

Currency that once entitled the holder to actual silver — and the fascinating political story of how silver became money in the first place.

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Gold Certificates (1865–1933)

Currency backed by actual gold deposits in the Treasury — until Franklin Roosevelt ended gold ownership for Americans and recalled them all in 1933.

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Fractional Currency (1862–1876)

Small-denomination paper money issued during the Civil War when coins disappeared from circulation — and the only time the U.S. issued paper money worth less than a dollar.

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Discontinued High Denominations: $500, $1,000, $5,000, $10,000, $100,000

The history of America's largest banknotes — why they existed, who used them, and why they were withdrawn in 1969.

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