Văn hóa Mỹ 1

MONEY
PAPER BILLS & COINS
LE THI HANH HOA
4B02
HISTORY OF AMERICAN MONEY
Native Americans:
The best known form of money among native American is wampum (beads of shells strung in strands and used by native Americans as money)

.

There are 6 stages in history of American money
HISTORY OF AMERICAN MONEY
2. Independence:
The colonial economy depended largely on foreign coins, barter, and commodity money. In 1690, the Massachusetts Bay Colony issued the first Colonial currency. Other colonies soon imitated.
HISTORY OF AMERICAN MONEY
3. Westward expansion:
After the Revolutionary War in 1781, the Continental Congress adopted the dollar as the unit for the national currency.
HISTORY OF AMERICAN MONEY
4. Civil War:
The Confederacy issued currency to millions of Southerners.
HISTORY OF AMERICAN MONEY
5. Industrial Revolution:
In 1862, Congress issued $150 million in Legal Tender notes, also known as United States notes. These new notes were used as legal tender for most public and private debts.
HISTORY OF AMERICAN MONEY
6. World Standard:
Federal Reserve notes are the sole currency issued today. U.S. currency is universally accepted and trusted.
KINDS OF MONEY
AMERICAN MONEY
Coins: 1 cent, 5 cents, 10 cents, 25 cents, 50 cents

VN MONEY
Coins: 200, 500, 1000, 2000, 5000


KINDS OF MONEY
AMERICAN MONEY
Paper notes: $1, $2, $5, $10, $20, $50, $100


VN MONEY
Paper notes: 200, 500, 1000, 2000, 5000, 10000, 20000, 50000, 100000, 500000



KINDS OF MONEY
AMERICAN MONEY
Material: cotton and linen rag paper
- Size: 6.14” by 2.61”
( same size )

VN MONEY
- Material: cotton, polymer
Size: the largest note is 5.9” 2.5” and the smallest note is 5.1” 2.5”
KINDS OF MONEY
There are certain types of American money that was no longer issued such as: $500, $1000, $5000, $10000, gold certificates, silver certificates.
DESCRIPTION OF MONEY

+ Background color: green, peach, blue
+ Portrait of Andrew Jackson
+ Watermark: visible from both sides when held up to a light
+ Security thread: positioned in a unique spot for each denomination
+ Color-shifting ink: looks copper when viewed straight on but green when viewed at an angle
+ Microprinting: appears in unique place on each denomination
+ Low-vision feature: easy for people with low vision to identify the note’s denomination
+ Federal Reserve Indicators: represent the Federal Reserve System
+ Serial number
“In God We Trust”: first used on the two-cent coin in 1864.
COMMEMORATIVE COINS
Coins to memorize American people, places, events, and institutions. They may be gold, silver, so they seldom circulate as regular coins.
Regaining Damaged Money

Paper money that has been destroyed or partially destroyed may be regained at full face value. More seriously damaged notes—less than half of the original surface—must be sent to the Department of the Treasury for determining their value.
SUMMARY
+ Native Americans
+ Independence
+ Westward expansion
+ Civil war
+ Industrial revolution
+ World standard


SOURCES
*http://www.frbsf.org/currency/index.html
*http://www.frbatlanta.org/invoke_brochure.cfm?objectid=83FD41F3-9AF0-11D5-898400508BB89A83&method=display_body
*http://www.ex.ac.uk/~RDavies/arian/northamerica.html


THANK YOU