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Facts About $1 Notes
- The first $1 notes (called United States Notes or "Legal Tenders") were issued by the Federal Government in 1862 and featured a portrait of Secretary of the Treasury Salmon P. Chase (1861-1864).
- The first use George Washington's portrait on $1 notes was on Series 1869 United States Notes.
- The inclusion of "In God We Trust" on all currency was required by law in 1955. The national motto first appeared on paper money in 1957 on $1 Silver Certificates, and on all Federal Reserve Notes beginning with Series 1963.
- The first $1 Federal Reserve Notes were issued in 1963. The design, feauturing George Washington on the face and the Great Seal on the back, has not changed.
- Of all the notes printed by the Bureau of Engraving and Printing, $1 notes make up about 45% of currency production.
- The life span of a $1 Federal Reserve Note is 21 months. (Other denominations have different life spans.
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