Banknotes are paper bills that are used as currency. The first banknotes were promissory notes, backed by the gold and silver in the bank's vaults. |
A clearly defined portrait of either King Charles III or Queen Elizabeth II is printed on the window with the numerical value of the note and the words 'Bank of ... |
For denominations $5, $10, $20, $50, and $100, the note has a letter and number designation that corresponds to one of the 12 Federal Reserve Banks. The letter ... Videos · Older-Design Banknotes · Life Cycle |
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