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continental currency
American colonists issued paper currency for the Continental Congress to finance the Revolutionary War. -
Continental Currency
American colonists issued paper currency for the Continental Congress to finance the Revolutionary war. -
The Dollar
The Continental Congress adopted the dollar as the unit for national currency. -
U.S. Mint
The Federal Monetary System was established with the creation of U.S. Mint in philadelphia -
Second U.S. Bank
The second bank of the U.S. was granted a 20-year charter -
Civil War
On the brink of bankrupcy and pressed to finance the Civil War, Congress authorized the United States Treasury to issue paper money for the first time. -
Greenbacks
Demand Notes were replaced by United States Notes. -
The Design
The design of U.S. currency incorporated a Treasury seal, the fine-line engraving necessary for the difficult-to-counterfeit intaglio printing. -
Redesign of $5 and $10 bills
The U.S. Treasury introduced redesigned $5 and $10 to make counterfeiting more difficult.