what is the currency in color?
Later replaced by legal tender backed by gold, which was itself later backed by GDP, the virtual qualities of money have steepened over the years â a trend goldbugs and states like Utah would love to reverse. Whatâs really steeped in mystery is where the dollarâs green color originated from. The Bureau of Engraving and Printing offers this explanation, although I smell anachronism in their conviction that green is âclearlyâ a stable color suitable for the young countryâs currency. And thusly was so-called patent green born.
The small-sized bills continued to be printed with green ink because, according to the U.S. Bureau of Printing and Engraving, the ink was plentiful and durable and the color green was associated with stability. Today, there is some $1.2 trillion in coins and paper money in circulation in America. It costs about 5 cents to produce every $1 bill and around 13 cents to make a $100 bill, the highest denomination currently in circulation.