Small Size Note History
(6.14 × 2.61 in ≅ 156 × 66 mm)
- 1929: Under the Series of 1928, all small-sized notes carried a standardized design. All $5 bills would feature a portrait of Lincoln, the same border design on the obverse, and the Lincoln Memorial on the reverse. The $5 bill was issued as a United States Note with a red seal and serial numbers and as a Federal Reserve Note with a green seal and serial numbers.
- 1933: As an emergency response to the Great Depression, additional money was pumped into the American economy through Federal Reserve Bank Notes. This was the only small-sized $5 bill that had a different border design. The serial numbers and seal on it were brown
- 1934: The redeemable in gold clause was removed from Federal Reserve Notes due to the U.S. withdrawing from the gold standard.
- 1934: The first $5 Silver Certificates were issued with a blue seal and serial numbers along with a blue numeral 5 on the left side of the obverse.
- 1942: Special World War II currency was issued. was overprinted on the front and back of the $5 Federal Reserve Note; the serial numbers, and seal, were changed to brown from green. This was done so that the currency could be declared worthless if there was a Japanese invasion. A $5 silver certificate was printed with a yellow instead of blue treasury seal; these notes were for U.S. troops in North Africa. These notes, too, could be declared worthless if seized by the enemy.
- 1950: Many minor aspects on the obverse of the $5 Federal Reserve Note were changed. Most noticeably, the treasury seal, gray word, and the Federal Reserve Seal were made smaller; also, the Federal Reserve seal had spikes added around it.
- 1953: New $5 United States Notes and Silver Certificates were issued with a gray numeral 5 on the left side of the bill and the gray word with a blue seal imprinted over it on the right and blue serial numbers.
- 1963: The $5 United States Note was issued by President Kennedy under Executive order 11110. This meant that the government was not borrowing money from the Federal Reserve as in the printing of Federal Reserve Notes. This was the last time United States money was not backed by the Federal Reserve. After President Kennedy's assassination these notes were discontinued and Federal Reserve Notes were once again printed.
- 1967: Production of the $5 United States Note ends.
- 1969: The $5 bill began using the new treasury seal with wording in English instead of Latin.
- 1993: The first new-age anti-counterfeiting measures were introduced with microscopic printing around Lincoln's portrait and a plastic security strip on the left side of the bill.
- May 24, 2000: To combat evolving counterfeiting, a new $5 bill was issued under series 1999 whose design was similar in style to the $100, $50, $20, and $10 bills that had all undergone previous design changes. The $5 bill, however, does not feature color-shifting ink like all the other denominations.
- June 28, 2006: The BEP announced plans to redesign the $5 note, likely with similar features as newer $10, $20, and $50 notes.
- September 20, 2007: The BEP revealed the redesigned $5 note to the public.
- March 13, 2008: The redesigned $5 note enters circulation.
- May 2011: The 2009 Series Rios/Geithner Next Printing $1, $2, $5, $10, $20, $50, and $100 All Dollar Bill.
Read more about this topic: United States Five-dollar Bill
Famous quotes containing the words small, size, note and/or history:
“The whisky on your breath
Could make a small boy dizzy;
But I hung on like death;
Such waltzing was not easy.”
—Theodore Roethke (19081963)
“One writes of scars healed, a loose parallel to the pathology of the skin, but there is no such thing in the life of an individual. There are open wounds, shrunk sometimes to the size of a pin-prick but wounds still. The marks of suffering are more comparable to the loss of a finger, or the sight of an eye. We may not miss them, either, for one minute in a year, but if we should there is nothing to be done about it.”
—F. Scott Fitzgerald (18961940)
“Return our hymn,
like echo fling
a sweet song,
answering note for note.”
—Hilda Doolittle (18861961)
“A great proportion of the inhabitants of the Cape are always thus abroad about their teaming on some ocean highway or other, and the history of one of their ordinary trips would cast the Argonautic expedition into the shade.”
—Henry David Thoreau (18171862)