The $1 bill is a Federal Reserve Note valued at 100 cents (equivalent to 20 nickels, 10 dimes, or 4 quarters). From 1933 to 1963, the $1 bill was always a Silver Certificate. Also from 1957 to 1963, it was printed under two series years (1935 and 1957).
On the front is a portrait of George Washington (the first president of the United States of America), and on the back is the Great Seal of the United States.
Series 1981 (1981-1984)Edit
Series 1981A (1984-1986)Edit
Six months after Katherine D. Ortega became the next Treasurer of the United States, began production of new Series 1981A $1 bills. Almost 3.7 billion were made from March 1984 to July 1985.
Series 1985 (1985-1990)Edit
Production of Series 1985 bills began several months after James A. Baker III became Secretary of the Treasury. Although production began in June 1985, the bills weren't very common until 1986.
Series 1988 (1989-1991)Edit
During Katherine D. Ortega's last year as Treasurer of the United States and Nicholas F. Brady's first year as Secretary of the Treasury, the $1 bill became a Series 1988. Production ran from December 1988 to August 1990, with a total of nearly 4 billion.
As of January 1, 1991, all Series 1988 $1 bills printed from May 1989 to August 1990 remained in circulation, as well as those printed in April 1989 and circulated from the Federal Reserve Bank of Atlanta (48 million).
Series 1988A (1990-1995)Edit
After Catalina Vasquez Villalpando replaced Ortega as Treasurer of the United States, further $1 bills were printed as Series 1988A, which began production in April 1990, with circulation beginning in September 1990. The first $1 bills began production at the Fort Worth, Texas facility in March 1991.
From 1992 to 1994, at least 99% of all $1 bills were Series 1988A.
The last Series 1988A bills printed in Washington, D.C. were produced in June 1994, followed by Fort Worth, Texas in September, with a total of over 15 billion, although there was also a run of Star Notes from the Federal Reserve Bank of San Francisco in early 1995. The last bills were released to circulation in August 1995.
Series 1993 (1994-1996)Edit
Half a year after Mary Ellen Withrow became the next Treasurer of the United States alongside Secretary of the Treasury Lloyd Bentsen, released in September 1994 were Series 1993 $1 bills.
One year into production, by mid-1995, about 3.5 billion of these bills were in circulation.
The last Series 1993 bills were printed in Washington, D.C. in July 1995, and Fort Worth, Texas in August, totaling over 4.6 billion, though there was a short run of Star Notes for the Federal Reserve Bank of Chicago in January 1996 and January 1997. The last regular notes were released in March 1996.
Series 1995 (1995-2001)Edit
A few months after Robert Rubin replaced Bentsen as Secretary of the Treasury, production of new Series 1995 $1 bills began (May 1995 from Washington, D.C. and July from Fort Worth, Texas). Circulation began in October or November 1995.
In spring 1996, these bills represented 50% of all $1 bills in circulation, and by 1997, at least 99% of all $1 bills were officially Series 1995.
Production continued through November 1999 (along with some Star Note runs in 2000 and early 2001), and the last notes were released to circulation in March 2001.
Series 1999 (1999-2003)Edit
Lawrence H. Summers replaced Rubin as Secretary of the Treasury in July 1999. Months later, his signature appeared on new Series 1999 $1 bills, which began production in October 1999, then released to circulation in February or March 2000.
Production ended in January 2002, although there were also some Star Note runs from February 2002 to February 2003. The last notes were released in June 2003.
Series 2001 (2001-2004)Edit
After Paul H. O'Neill replaced Summers as Secretary of the Treasury in January 2001 and Rosario Marin replaced Withrow as Treasurer of the United States seven months later, production of Series 2001 $1 bills began, in November 2001 (January 2002 in Fort Worth, Texas), with circulation beginning in April 2002.
These bills represented 50% of all $1 bills in circulation in mid-2003, shortly before production ended in August, with the last regular notes released in May 2004. Star Notes, however, continued from January to September 2004.
Series 2003 (2003-2006)Edit
John W. Snow succeeded O'Neill in February 2003. His signature appeared on new Series 2003 $1 bills, which began production in July 2003, followed by a release to circulation in November. By early fall 2004, these bills represented 50% of all $1 bills in circulation.
Production ended in 2005 (June in Washington D.C. and October in Fort Worth, Texas), and the last notes were released in June 2006.
Series 2003A (2005-2008)Edit
Anna Escobedo Cabral succeeded Marin as Treasurer of the United States in 2005. Her signature appeared on new Series 2003A $1 bills, which entered circulation in August 2005. The Series 2003A bills represented 50% of all $1 bills in circulation a year later, in 2006.
Production ended in July 2007 (with one more Star Note run in January 2008), and the last notes were released in March 2008.
Series 2006 (2007-2011)Edit
After Henry Paulson replaced Snow in July 2006, his signature appeared on new Series 2006 $1 bills, which entered circulation in mid-2007. The Series 2006 bills represented 50% of all $1 bills in circulation by June 2008.
Production ended in 2010, and the last Series 2006 bills were released in May 2011.
Series 2009 (2010-2015)Edit
In 2009, Timothy Geithner became the next Secretary of the Treasury, and Rosa Gumataotao Rios, the next Treasurer of the United States. Their signatures appeared on new Series 2009 $1 bills, which started circulation in May 2010.
By early fall 2012, the Series 2009 bills represented 50% of all $1 bills in circulation.
The last Series 2009 $1 bills were produced in October 2014, and the last notes were released in September 2015.
Series 2013 (2014-present)Edit
Jack Lew replaced Geithner in 2013. His signature appeared on new Series 2013 $1 bills, which entered circulation in May 2014, the first ones printed for the Federal Reserve Banks of Kansas City, Dallas and Cleveland, while other banks released their Series 2013 $1 bills in later dates.
As of early 2014, Series 2013 $1 bills come from 50-subject sheets, while all other bills still come from 32-subject sheets since the late 1950s.
As of late 2016, more than half of all $1 bills are Series 2013. This number increases to over 60% as of September 2017.
Series 2017 (2017-present)Edit
The first Series 2017 $1 bills were printed in October 2017 as replacements for some Series 2013 bills from the "F .... N" serial number range. Regular notes are expected to appear in the November 2017 BEP report as they began circulation in December 2017.
Amounts in circulationEdit
|As of this date||Volume amount|
|January 1, 1991||5.1 billion|
|January 1, 1992||5.3 billion|
|January 1, 1993||5.5 billion|
|January 1, 1994||5.7 billion|
|January 1, 1995||6.1 billion|
|January 1, 1996||6.3 billion|
|January 1, 1997||6.6 billion|
|January 1, 1998||6.7 billion|
|January 1, 1999||7 billion|
|January 1, 2000||7.5 billion|
|January 1, 2001||7.7 billion|
|January 1, 2002||7.8 billion|
|January 1, 2003||8 billion|
|January 1, 2004||8.2 billion|
|January 1, 2005||8.3 billion|
|January 1, 2006||8.8 billion|
|January 1, 2007||9 billion|
|January 1, 2008||9.3 billion|
|January 1, 2009||9.5 billion|
|January 1, 2010||9.6 billion|
|January 1, 2011||9.7 billion|
|January 1, 2012||10 billion|
|January 1, 2013||10.3 billion|
|January 1, 2014||10.6 billion|
|January 1, 2015||11 billion|
|January 1, 2016||11.4 billion|
|January 1, 2017||11.7 billion|
|January 1, 2018||TBA (about 12 million)|