Post by Sapphire Capital on Sept 10, 2008 8:08:35 GMT 4
Did you know:
a. the estimated circulation in and out of the US in regards of USD Notes is below 800 Billion
b. since 1980 the amount of these USD Notes outside the US has grown to 80%
c.there have been USD notes up to 100000 USD per note early in the US, but the highest note for public use is USD 100.
d.average life span of a 1 USD note is 22 month, for a 100 USD note it is 9 years
e. the reason for the limit to 100USD has been a demand from Secret Service
f. a typical briefcase can only hold 400000 USD in 100 USD notes if not shrink wrapped
g. shrink wrapped 100 USD notes in the amount of 4000 bills of 100 USD has the size of a fire log and weights 9 pounds
h. USD Notes are only printed by the Bureau of Printing and Engraving (BEP)
i. BEP charges 5.7 US Cents for each note from the Federal Reserve, in 2005 they charged 512 Million USD.
j. BEP only delivers to the Federal Reserve Banks
k. BEP produces 33 Million US Notes with a face value of 529 Million USD per day.
l. creation of a USD note usually takes a total of 3 weeks per note.
m. BEP is the USD redeemer of last resort, meaning as long as 51% of a note is identifiable, BEP will refund them to the owner, in whatever shape it is.
n. In some countries only new notes are accepted as payments, older notes are either not accepted or at a discount value
o. counterfeiting has been increasing, however the North Korean Super Notes have mostly been put out of circulation at an amount of 48 Million USD
p. counterfeited notes in circulation have been estimated at 1/100's of 1 per cent.
q. BEP has also been used in economic warfare, printing counterfeit notes of Cuba, Vietnam for example.
r. USD Notes consist of 3 quarters of cotton and 1 quarter of linen, The paper is created largely out of junk jeans material by Crane & Co, Dalton, Massachusetts.
s. the ink for printing comes from SICPA Switzerland, with exclusive rights for the US in regards of color shifting ink (shifting from green to black).
a. the estimated circulation in and out of the US in regards of USD Notes is below 800 Billion
b. since 1980 the amount of these USD Notes outside the US has grown to 80%
c.there have been USD notes up to 100000 USD per note early in the US, but the highest note for public use is USD 100.
d.average life span of a 1 USD note is 22 month, for a 100 USD note it is 9 years
e. the reason for the limit to 100USD has been a demand from Secret Service
f. a typical briefcase can only hold 400000 USD in 100 USD notes if not shrink wrapped
g. shrink wrapped 100 USD notes in the amount of 4000 bills of 100 USD has the size of a fire log and weights 9 pounds
h. USD Notes are only printed by the Bureau of Printing and Engraving (BEP)
i. BEP charges 5.7 US Cents for each note from the Federal Reserve, in 2005 they charged 512 Million USD.
j. BEP only delivers to the Federal Reserve Banks
k. BEP produces 33 Million US Notes with a face value of 529 Million USD per day.
l. creation of a USD note usually takes a total of 3 weeks per note.
m. BEP is the USD redeemer of last resort, meaning as long as 51% of a note is identifiable, BEP will refund them to the owner, in whatever shape it is.
n. In some countries only new notes are accepted as payments, older notes are either not accepted or at a discount value
o. counterfeiting has been increasing, however the North Korean Super Notes have mostly been put out of circulation at an amount of 48 Million USD
p. counterfeited notes in circulation have been estimated at 1/100's of 1 per cent.
q. BEP has also been used in economic warfare, printing counterfeit notes of Cuba, Vietnam for example.
r. USD Notes consist of 3 quarters of cotton and 1 quarter of linen, The paper is created largely out of junk jeans material by Crane & Co, Dalton, Massachusetts.
s. the ink for printing comes from SICPA Switzerland, with exclusive rights for the US in regards of color shifting ink (shifting from green to black).