What do the letters on Dollar Bills mean? And why is E the most common?

Answer 1

There are two possibilities here. One, as has been mentioned previously, is the Federal Reserve bank seal at the left side of the $1 bill. "E" would indicate the Federal Reserve Bank of Richmond,Virginia. It would only be the most common letter if you live somewhere near Richmond. Here on the west coast, nearly all $1 bills have letter "L", which is San Francisco.
The rest, in order, are:
A Boston
B New York
C Philadelphia
D Cleveland
E Richmond
F Atlanta
G Chicago
H St. Louis
I Minneapolis
J Kansas City
K Dallas
L San Francisco

The other thing you might mean is the first letter in the serial numbers of the $5, $10, $20, $50, and $100 bills, which have a different meaning altogether. The first letter indicates the Series of the banknote and the second letter indicates the Federal Reserve branch bank, as explained previously. Here is what the first letter means:
A Series 1996
B Series 1999
C Series 2001
D Series 2003
E Series 2004
F Series 2003A
G Series 2004A
H Series 2006 ($100)
I Series 2006 ($20, $50)

On $20 bills, "E" is the most common because Series 2004 much more common than Series 2004A and the Fed has not yet released Series 2006 notes in quantity yet.

Answer 2

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In spite of its relatively low value among the denominations of U.S. currency, the two-dollar bill is one of the most rarely seen in circulation and actual use. They are almost never given as change for commercial transactions, and thus consumers rarely have them on hand. Production of the note is quite low; approximately 1% of all notes currently produced are $2 bills.The perceived rarity of a $2 bill can be attributed to its low printing numbers that sharply dropped beginning in the late 1950s when the $2 bill was a United States Note and recently the sporadic printings of still relatively low numbers as a Federal Reserve Note. Lack of public knowledge of the $2 bill further contributes to its perceived rarity. This perceived rarity can lead to a greater tendency to hoard any $2 bills encountered and thus decrease their circulation.Supplies of the Series 1976 $2 bill were allowed to dwindle until August 1996 when another series finally began to be printed; this series, however, was only printed for the Federal Reserve Bank of Atlanta. Once again, in October 2003, the $2 bill was printed for only the Federal Reserve Bank of Minneapolis after supplies dwindled . A Series 2003A was also issued starting in 2006, with larger numbers and for multiple Federal Reserve Banks, due to an increase in demand for supplies of the note. Today, there is a common misconception that the $2 bill is no longer in circulation. According to the Treasury, they "receive many letters asking why the $2 bill is no longer in circulation". In response, the Treasury states: "The $2 bill remains one of our circulating currency denominations. According to B.E.P. statistics, 590,720,000 Series 1976 $2 bills were printed and as of February 28, 1999, there was $1,166,091,458 worth of $2 bills in circulation worldwide." However, "in circulation" does not necessarily mean that the notes are actively circulated, only that this is the amount that hasn't been redeemed for shredding. The Treasury states that the best way for the $2 bill to circulate is if businesses use them as they would any other denomination. The most significant evidence of the $2 bill's reawakening would be that, in 2005 alone, 61 million $2 bills were printed by the U.S. Bureau of Engraving and Printing. This is more than twice the number of $2 bills that were printed annually between 1990 and 2001. Many banks stocking $2 bills will not use them except upon specific request by the customer, and even then, may cause a delay with a trip to the vault.

Answer 3

Federal Reserve Bank Letters

Answer 4

I got five one dollar bills in the mail today for a sevay company called Nielsen for for raiting for tv shows, for keeping a diray of what I watch and on whitch or haw many TV s in my house but the left hand side has a G with curacey fron Chicago illinos with serial numer G 29196450 B series 2013 I cant tell if t is real or counter fitted what do I do?

Answer 5

What does MA stand for on a 2003 $10 bill

Answer 6

It's the serial number.

The first letter of the prefix denotes the currency series.

The second letter of the prefix indicates the Federal Reserve Bank at which the bill was produced.

The eight digits represent the bill's sequential order within its group. The one-letter suffix is a further sequential counter within each Reserve Bank's bills in a series.

The suffix letter advances when the 8-digit number reaches 99999999 (for example, xx99999999B is followed by xx00000001C). The entire alphabet is used for this process except for the letter O.
Bills with a star in the place of their suffix letter are replacements for bills that did not meet federal standards after the printing process and are subsequently destroyed.

Answer 7

because e is a good letter and fits well with a dollar bill.

Answer 8

They just didn't seem to be as popular as Uncle Sam thought they would be. There isn't much need for them, when you come down to it, but it was pretty common back in the day. I'm not sure if they are still in circulation or not, but it seems to me I got one in change a few years ago. Seemed strange, too.

Answer 9

The first letter of the serial number on a $1 bill, as well as the letter in the medallion on the left side, indicate which Federal Reserve Bank the bill originated from. www.wheresgeorge.com is a great resource for "all information" related to money. It's also a fun place to track bills, if you need an addictive hobby! :-)

Answer 10

I HAVE A NEW $100.00 BILL

LA 00320773*
A1
SERIES 2009 A
DOES THAT MEAN ANYTHIN