page_title: United States five-dollar bill
section_title: Small size note history
hierarchical_section_title: United States five-dollar bill / Small size note history
caption_attribution_description: English: United States $5 Banknote, Silver Certificate, Series of 1953 (Fr. Ref#1655). Part of the National Numismatic Collection, NMAH, Smithsonian Institution. Serial #1 of a printing of 339,600,000 notes.
context_page_description: The United States five-dollar bill is a denomination of United States currency. The current $5 bill features the 16th U.S. President, Abraham Lincoln's portrait on the front and the Lincoln Memorial on the back. All $5 bills issued today are Federal Reserve Notes.
  The $5 bill is sometimes nicknamed a "fin". The term has German/Yiddish roots and is remotely related to the English "five", but it is far less common today than it was in the late 19th and early 20th centuries.
  The Bureau of Engraving and Printing says the average life of a $5 bill in circulation is 5.5 years before it is replaced due to wear. Approximately 6% of all paper currency produced by the U.S. Treasury's Bureau of Engraving and Printing in 2009 were $5 bills.
context_section_description: 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. HAWAII 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 FIVE, and the Federal Reserve Seal were made smaller; also, the Federal Reserve seal had spikes added around it, like the Treasury seal.
  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 FIVE with a blue seal imprinted over it on the right and blue serial numbers.
  1963: Both the $5 United States Note and Federal Reserve Note were revised with the motto IN GOD WE TRUST added to the reverse and WILL PAY TO THE BEARER ON DEMAND removed from the obverse. Also, the obligation on the Federal Reserve Note was shortened to its current wording, THIS NOTE IS LEGAL TENDER FOR ALL DEBTS PUBLIC AND PRIVATE. Also during this time, production of Silver Certificates end, including the $5.
  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.
  1992: The first notes at the Western Currency Facility in Fort Worth, Texas begin printing in July, during production of Series 1988A.
  1994: 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. Even though the series date was Series 1993, they weren't printed until November 1994.
  May 24, 2000: To combat evolving counterfeiting, a new $5 note, the first complete redesign since 1929, 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. The first bills were printed in December 1999.
  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.
  October 2007: The first redesigned $5 notes are printed.
  March 13, 2008: The redesigned $5 note enters circulation.
caption: The first 1953 $5 Silver Certificate printed (Smithsonian).
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