Archive for the ‘Trivia’ Category

Counterfeiting Trivia

Friday, March 13th, 2009

“Men make counterfeit money; in many more cases, money makes counterfeit men.” - The Friar

- Counterfeiting wasn’t outlawed in the United States until 1877, when the Congress then passed a bill to forbid faking the production of coins and bars.

- After the Civil War a third to a half of all notes in circulation were estimated to be fakes.

- The Treasury are enhancing the US bills design every 7-10 years, this started with the $20 dollar bill in 2003.

- The US dollar bills have magnetic ink on them, this is how the vending machines are able to read which bill is which, since it can’t decide this on size.

- Altering a coin is punishable by up to 5 years in prison and/or a fine of $2000.

- Counterfeiting is a felony and are punishable by up to 15 years in prison and up to a fine of $15,000.

- Anybody counterfeiting US currency abroad is subject to the same prosecution as if they were in the US.

- Coins have edges because people used to clip or shave of the edges of gold and silver coins.

Best Country To Live In - Andorra!

Saturday, November 29th, 2008

‘Unemployment is capitalism’s way of getting you to plant a garden.’ - The Friar

Andorra the tiny country nestled in the Pyrennes, between Spain and France, is arguably the best country in the world to live in. Andorra’s boasts an unemployment rate of zero percent and a life expenctancy of 83.52 years, the best in the world. (Macau is higher at 84.33 put is part of China now). Andorra is also a tax haven and a top tourist destination, with about 9 million visitors a year.

Is There A Million Dollar Bill?

Friday, November 14th, 2008

‘Alot of people wonder if there is a million dollar bill in the US.’ - The Friar

Unfortunately there is not, the highest denominated that was ever printed by the U.S. mint was a $100,000 bill. The $100,000 bill has a depiction of the 1913-1921 US President Woodrow Wilson. The bill is not in general circulation as it’s main use is as a transaction between the Federal Reserve and The Treasury.

However, there are fake $1,000,000 bills for novelty purposes, the most popular one depicting the Statue of Liberty. You can also find fake $1,000,000 bills with Santa Claus and the American Eagle on it.