August 8th National Dollar Day

August 8th National Dollar Day

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It wasn’t until August 8th, 1786 that Congress implemented a national currency, each state printed their own money or used silver and gold to pay its debts before then.

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Originally most money were coins made from silver and gold to show it’s true value. The first dollar bill was printed in 1862, during the Civil War, and instead of George Washington it was Treasury Secretary Salmon P. Chase that appeared on the bill.

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Today there are mints that print the money in Philadelphia, Denver, San Francisco, West Point and Fort Knox.

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How to celebrate – Take out a dollar bill and inspect it, it’s supposed to have some really cool codes contained in the images. Look for the no longer printed $2.00 bill. You are supposed to turn in any gold or silver backs you find.

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