when did the dollar bill come into existence
1862
title: History of the United States dollar text: History of the United States dollar The history of the United States Dollar refers to more than 240 years since the Continental Congress of the United States authorized the issuance of Continental Currency in 1775. On April 2, 1792, the United States Congress created the United States dollar as the country's standard unit of money. The term "dollar" had already been in common usage since the colonial period when it referred to eight-real coin (Spanish dollar) used by the Spanish throughout New Spain. By the end of 1778, Continental Currency retained only between to of its original face value. By title: United States one-dollar bill text: United States one-dollar bill The United States one-dollar bill ($1) is a denomination of United States currency. An image of the first U.S. President (1789–97), George Washington, based on a painting by Gilbert Stuart, is currently featured on the obverse (front), and the Great Seal of the United States is featured on the reverse (back). The one-dollar bill has the oldest overall design of all U.S. currency currently being produced (The current two-dollar bill obverse design dates from 1928, while the reverse appeared in 1976). The obverse design of the dollar bill seen today debuted in 1963 (the reverse in title: United States one-dollar bill text: 1935) 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 5.8 years before it is replaced because of wear. Approximately 42% of all U.S. currency produced in 2009 were one-dollar bills. title: History of the United States dollar text: in the United States today, though rarely seen in circulation. Both United States Notes and Federal Reserve Notes are parts of the national currency of the United States, and both have been legal tender since the gold recall of 1933. Both have been used in circulation as money in the same way. However, the issuing authority for them came from different statutes. United States Notes were created as fiat currency, in that the government has never categorically guaranteed to redeem them for precious metal - even though at times, such as after the specie resumption of 1879, federal officials were title: United States one hundred-dollar bill text: United States one hundred-dollar bill The United States one hundred-dollar bill ($100) is a denomination of United States currency. The first United States Note with this value was issued in 1862 and the Federal Reserve Note version was launched in 1914, alongside other denominations. Statesman, inventor, diplomat, and American founding father Benjamin Franklin has been featured on the obverse of the bill since 1914. On the reverse of the banknote is an image of Independence Hall in Philadelphia, which has been used since 1928. The $100 bill is the largest denomination that has been printed and circulated since July 13,