How Much Do You Know about United States Currency?

By: John Miller
Estimated Completion Time
3 min
How Much Do You Know about United States Currency?
Image: Shutterstock

About This Quiz

United States currency is the most powerful on Earth, mostly thanks to the strength of the country's economy. How much do you know about American currency?
The $1 bill features a pyramid. What object rests atop that pyramid?
An oil tanker
A weird eye
A dollar sign
Correct Answer
Wrong Answer

The $1 bill pyramid has a weird eye on top. The eye is meant to represent America's favor in the eye of the universe's creator.

What material makes up American bills?
Cotton/linen blend
Copier paper
Polyester
Correct Answer
Wrong Answer

We call it "paper" money, but it's not actually paper. American bills are made from a cotton/linen blend that's much more rugged than any paper.

What's the name of the agency that makes American currency?
The U.S. Treasury
United States Bureau of Engraving and Printing
The Rainmakers
Correct Answer
Wrong Answer

The United States Bureau of Engraving and Printing is responsible for creating the currency we use. Each day, the agency prints hundreds of millions of dollars worth of currency.

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About how much does it cost to manufacture a single American penny?
1/10th of a cent
Exactly 1 cent
2.4 cents
Correct Answer
Wrong Answer

It takes about 2.4 cents to make a single penny. It's ironic, yes, and one of many reasons that so many people would like to do away with the one-cent coin.

In America, what is the most common paper denomination?
$1
$2
$10
Correct Answer
Wrong Answer

Many countries don't even bother with paper bills worth less than $5. But in America, the $1 bill is king. In 2015, there were more than 11 billion of these bills in circulation.

Which person's portrait adorns the $2 bill?
Hillary Clinton
Thomas Jefferson
Abraham Lincoln
Correct Answer
Wrong Answer

One of America's Founding Fathers -- Thomas Jefferson -- is the man on the $2 bill. It's the reason that $2 bills are sometimes called "Toms."

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How many women's portraits have appeared on American paper bills?
1
6
23
Correct Answer
Wrong Answer

In the history of U.S. currency, only one woman's portrait has ever appeared on paper bills. That would be Martha Washington, whose picture graced $1 certificates back in the late 1800s.

Which of the following denominations is NOT in circulation?
$20
$50
$75
Correct Answer
Wrong Answer

There are no $75 bills in circulation. The government generally produces these denominations for circulation: $1, $5, $10, $20, $50, and $100.

The first American pennies were made from which metal?
Copper
Nickel
Titanium
Correct Answer
Wrong Answer

The first pennies were made from pure copper. These days, copper is far too valuable, so pennies are mostly zinc with just a thin coating of copper.

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What security feature do modern $100 bills contain?
3-D security ribbon
Self-destruct button
Self-locking mechanism
Correct Answer
Wrong Answer

$100 bills have a 3-D security ribbon woven into the material. The symbols on the ribbon change as you move the bill back and forth and up and down.

What's the largest denomination ever printed in U.S. currency?
$100
$999
$100,000
Correct Answer
Wrong Answer

There have been some $100,000 bills printed. But they weren't put into circulation, they were used for transactions between federal banks.

On average, how long do $1 bills remain in circulation?
About 2 months
About 2 years
About 21 years
Correct Answer
Wrong Answer

Those measly $1 bills are pretty tough. They can remain in circulation for nearly 2 years before they're finally too battered to be of any good.

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Why was the color green selected for American paper bills?
It's the natural color of money.
It's a very durable color of ink.
It was George Washington's favorite color.
Correct Answer
Wrong Answer

The green inks used in American currency is very durable and resistant to discoloration and flaking. In America, green is the color of money.

True or false: Does the government still print $2 bills?
True
False
Correct Answer
Wrong Answer

There's a widely held misconception that $2 bills are no longer printed. But that's false. The Feds actually print $2 bills, but in much lower quantities than other denominations.

About ______ of paper bills printed in the U.S. are in the $1 denomination.
10%
40%
90%
Correct Answer
Wrong Answer

The $1 bill is a popular denomination in America. Roughly 40% of all paper bills printed each year are $1.

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American coins last for about how long in circulation?
About 3 years
About 25 years
About 70 years
Correct Answer
Wrong Answer

American coins can withstand regular use for about a generation -- 25 years of moderate use. After that, they're often too battered for circulation.

Why did the government begin issuing paper money in 1862?
People were hoarding coins.
Paper is more durable.
For use as money and also kindling
Correct Answer
Wrong Answer

In 1862, a time of American war, people were hoarding metal coins. So the government began producing paper money in hopes of restoring normal currency circulation.

Which denomination of paper bill tends to have the longest circulation life?
$1 bill
$10 bill
$100 bill
Correct Answer
Wrong Answer

The $100 bill has the longest circulation time, simply because this denomination doesn't get used all that often compared to, say, $5 bills. They typically last more than 15 years in circulation.

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The $1 bill features the words "Annuit Coeptis," which means what?
"Our country is blessed"
"He favors our undertaking"
"Maybe this one will win the lottery"
Correct Answer
Wrong Answer

“Annuit Coeptis" essentially means "He favors our undertaking." It's a clever way of saying that the American experiment was supposedly dear to the great maker of the universe.

In 1969, the government stopped making which kinds of money?
Coins made from pure gold
Purple paper bills
Paper bills with very high denominations
Correct Answer
Wrong Answer

In 1969, the Feds stopped making very large paper denominations, such as $500 and $5,000, which were mostly used for bank transactions. Improved electronic transaction methods made these huge bills obsolete.

Before the Civil War, the government didn't print paper money. Who did?
Individual banks
Anyone who wanted to
A guy named Jed
Correct Answer
Wrong Answer

Prior to the Civil War, banks were responsible for printing paper money. Of course, this system caused a lot of confusion (and massive counterfeiting) so once the Union was restored, the Feds wisely centralized the process of currency production.

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True or false: Until the 1800s, were foreign coins considered legal tender in America?
True
False
Correct Answer
Wrong Answer

It's true, for decades, foreign coins were absolutely prized as currency. Why? Because until the mid-1800s, America still hadn't discovered enough sources of precious metals to make its own coins.

Why does the pyramid on the $1 bill have 13 steps?
They ran out of steps.
The steps represent the original 13 colonies.
No one knows.
Correct Answer
Wrong Answer

The pyramid has 13 steps that represent the 13 original colonies. And the steps remain unfinished, as if the designer knew America would soon be adding to its territorial haul.

In the 2000s, the government redesigned paper bills with a special security thread. How does the thread work?
It has microscopic writing in it.
It randomly bursts into flames
It glows under UV light
Correct Answer
Wrong Answer

In the 2000s, in an effort to stay ahead of counterfeiters, the government integrated a security thread into paper bills. The thread glows when exposed to ultraviolet light.

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What's the official name for America's paper money?
Bank Notes
Federal Reserve notes
Benjamins
Correct Answer
Wrong Answer

The U.S. government prints billions of dollars worth of paper money each year. The official name for this currency is Federal Reserve notes.

Why did the government stop printing $2 bills in 1966?
They weren't popular with the public.
They were too easy to counterfeit.
They were worthless.
Correct Answer
Wrong Answer

In 1966, the Feds stopped printing $2 bills because the American public didn't really like them. For 10 years, the $2 bill was sent into hibernation.

Why did the U.S. government bring back the $2 bill in 1976?
Americans demanded $2 bills.
To save money
As a trick on the American public
Correct Answer
Wrong Answer

In 1976, the Feds brought back the $2 bill for a very simple reason -- to save money on printing costs. It costs the same amount of money to print either $1 or $2 bills, but with the latter, the government could put twice as much value into circulation.

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Who was the first person's picture on the $1 bill?
King George
Martha Washington
Secretary of the Treasury
Correct Answer
Wrong Answer

The first $1 bill, produced in 1863, featured Salmon Chase, the Secretary of the Treasury, because, you know, why not? His egotistical move didn't last long -- in 1869, George Washington replaced him.

How many portraits of black Americans have appeared on paper currency?
0
3
13
Correct Answer
Wrong Answer

So far, no black Americans have made it onto a paper bill. But three black men, including Booker T. Washington, have had their faces engraved onto commemorative coins.

True or false: Is most American currency in circulation outside the country?
True
False
Correct Answer
Wrong Answer

The American dollar is prized for its value around the world. By some estimates, about two-thirds of American money is in circulation outside the U.S.

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