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Because people ascribe value to it and it is backed by the federal government. In and of itself it is virtually worthless.
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∙ 12y ago
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Who is the only women pictured on US paper currency?
there are no women pictured on any value of US paper currency. only men.
The paper currency in the US has value because?
The federal government says it has value
Why US currency gets lower value when it gets printed in coin?
Because we don't use fractional paper currency such as a paper 50 cent note.
Why does the paper currency have value in the us?
Because people ascribe value to it and it is backed by the federal government. In and of itself it is virtually worthless.
What is the Value of an 1810 25 cent paper bill?
The 25 cent paper bill you refered to is called "fractional currency". The US Government did not issue fractional currency until 1862.
What is the lowest value of paper currency ever issued by the US Government 1cent or 3 cents?
3
How is the value of paper currency determined today?
The answer depends on the currency in question. The whole idea of paper currency's value is that it is a promise of funds. If you have a $20 united states dollar, then the united states treasury is promising you that the value is $20. However the actual value is nothing, if the united states treasury stopped recognizing paper currency, then it would be worthless.
Are state names printed on US paper currency?
No, state names are not printed on U.S. paper currency.
Where can you find the value of old foreign paper currency?
ask.com
Does paper currency lose value if written on in black marker?
No.
What is value of 1862 currency dollar?
There's nothing called a "currency dollar". In 1862 the US printed paper $1 notes and struck $1 coins in both silver and gold.
What is us currency made from?
U.S. paper currency isn't made of paper- it's actually a blend of cotton and linen.
