Answers to Questions:
Grades K-3
1. The Bureau of Engraving and Printing.
2. The Bureau of Engraving and Printing makes the stamps, The U.S. Postal Service gives the order to print the stamps.
3. No, the U.S. Mint makes coins.
4. The money is taken out of circulation and destroyed.
5. You
can send it to the Bureau of Engraving and Printing. After examining
the money, they will issue new bills if it meets their guidelines.
Answers
will vary. The picture of the President is larger and off center to
show more detail. A watermark can be seen when held up to the light.
Color shifting inks are used in the number on the lower right corner of
the face, and each note changes color when viewed from a different
angle. Fine-line printing is used, and there is a security thread that
runs through the bank note. Microprinting makes it impossible
1. for copy machines and scanners to pick up such fine print. Special ink and special paper are used.
2. The
amount of cash that people use changes depending on the season, day of
the month and even day of the week. The banks acquire cash from Federal
Reserve Banks. They pay for the cash by having those accounts debited
(the money is withdrawn from their account).
3. Older bills work better in ATM machines.
4. An
engraver draws portraits or letters that are later used in printing the
bill. A hard metal engraving tool is used to make marks in soft metal.
5. The 20 dollar bill is the most widely used bill.
Grades 4-8
1. The
BEP prints security documents and Federal Reserve notes (currency).
They are the largest supplier of postage stamps and security documents
for other government agencies.
2. Answers will vary. Money can be damaged by being buried, burned, petrified (because it was buried), or water damaged.
3. No, you can take the one-half bill to your local bank for a replacement.
4. A model is created by a designer who hand draws and/or uses computerized techniques.
5. More
cash needed by customers lowers the bank's reserves. This is because
their accounts are debited by the Federal Reserve Banks or large
commercial banks (if smaller banks have dealings with them).
6. The older bills were created long ago, and the new bills are by artists that work as engravers.
7. Answers
will vary. The picture of the President is larger and off center to
show more detail. A watermark can be seen when held up to the light.
Color shifting inks are used in the number on the lower right corner of
the face, and each note changes color when viewed from a different
angle. Fine-line printing is used, and there is a security thread that
runs through the bank note. Microprinting makes it impossible for copy
machines and scanners to pick up such fine print. Special ink and paper
is used.
8. Bills
in denominations over 100 dollars are no longer printed. In July 1969,
the U.S. Department of the Treasury and the Federal Reserve System
announced that notes in denominations of $500, $1,000 $5,000 and
$10,000 would be discontinued immediately due to lack of use. They were
last printed in 1945. Although no longer in circulation, these bills
are kept by private dealers and collectors.
1. Fractional currencies are bills issued in place of coins.
2. The
life of a note depends on its denomination. One-dollar bills last the
least amount of time because of their constant use, and one-hundred
dollar bills last the longest.
Grades 9-12
1. The BEP is under the Executive Branch, the U.S. Department of the Treasury.
2. The
currency should be sent to the BEP with a letter, and the package
should be insured. More than one-half of the original notes should be
left: More than 50% of a note is identifiable as U.S. currency.
3. The stamp design, lettering and denominations are manually engraved on a steel master die.
4. (a)
The Federal Reserve Bank checks individual notes to determine whether
or not they are suitable for future circulation. (b) One-third of the
bills are not fit for recirculation and are destroyed. (c) New bills
are acquired from the BEP.
5. Smaller
banks acquire cash from larger “correspondent” banks, who charge a fee
for the service. The larger banks acquire currency from the Federal
Reserve and pass it on to the smaller banks.
6. Computers
are not capable at this time to take over an engraver's job. They can
reproduce designs that have been drawn or manipulate images, but cannot
place a human element in each design.
7. Answers
will vary. The picture of the President is larger and off center to
show more detail. A watermark can be seen when held up to the light.
Color shifting inks are used in the number on the lower right corner of
the face, and each note changes color when viewed from a different
angle. Fine-line printing is used, and there is a security thread that
runs through the bank note. Microprinting makes it impossible for copy
machines and scanners to pick up such fine print. Special ink and
special paper are used.
8. Fractional
currency was issued in the early years of the Civil War to alleviate
the critical trade conditions caused by a serious shortage of coins.
People were hoarding coins because of their value.
9. The
BEP continues to work on counterfeit-deterrent features to keep up with
the latest technology of copy machines, scanners, and printers.
10. Paper
money was issued in 1861 at the time of the Civil War. Congress
authorized the United States Treasury to issue paper money for the
first time in the form of non-interest bearing Treasury Notes called
Demand notes.