U.S. Currency Facts!

1. 90% of paper money in U.S. cities hold traces of cocaine.

2. Federal Reserve notes are a blend of 25% linen & 75% cotton with tiny red & blue fibers of various lengths evenly distributed throughout the bank note. Note: "Money is not actually made from paper at all."

3. No matter the denomination a banknote weights approximately 1 gram.

4. It is estimated that between one-half to two-thirds of the value of all U.S. currency is in circulation outside the U.S.

5. The $1 bill cost 5.6 cents to produce, & it is the cheapest note to produce; On the other hand, the $100 bill is the most expensive note to produce at 13.2 cents per note.

6. Banks will change out a torn or mutilated bill; as long as, you have more than half the bank note.

7. The $20 bill is the most counterfeited banknote in the United States, while international counterfeiters deal more in counterfeit $100 bills for the U.S.

8. The United States Secret Service is a federal law enforcement agency of the government charged with the responsibility of investigating any counterfeit U.S. bills.

9. The $10 bill has the shortest life span of any denomination at 4.5 years before it is replaced by the bank.

10. The $100 bill has the longest life span of any denomination at 22.9 years before it is replaced due to wear.

Further educate & empower yourself! Go to www.SolidTaxServices.com/blog & type in the search bar for titles: 5 Steps To No Counterfeit $ &/or 10 Tips That Prevent ID Theft!

In Trust,

Ashley Thomas, EA, CEO

P.S. Sources cited: www.ceifx.com – Currency Exchange International & www.uscurrency.gov – United States Currency Education Program