United States ten-dollar bill

United States ten-dollar bill

The United States ten-dollar bill ($10) is a denomination of United States currency. U.S. Secretary of the Treasury Alexander Hamilton has been featured on the obverse of the bill since 1929, while the U.S. Treasury Building is depicted on the reverse. The ten-dollar bill is issued by the Bureau of Engraving and Printing and the Federal Reserve. It is one of the most commonly used denominations in circulation today.

History

The ten-dollar bill has undergone numerous redesigns over the years with varying security features and designs. The first $10 bill was issued by the Federal Reserve in 1914, featuring a portrait of Andrew Jackson. In 1929, as part of a standardization of U.S. currency sizes, Alexander Hamilton's portrait was introduced, and it has remained ever since.

In the 21st century, the bill was redesigned to enhance security features, including color-shifting ink, watermarks, and security threads, to combat counterfeiting. The most recent redesign was unveiled in 2006.

Design

The current design of the ten-dollar bill features Alexander Hamilton on the obverse, in recognition of his role as the first Secretary of the Treasury and his contributions to the creation of the American financial system. The reverse features the U.S. Treasury Building.

Security features include a portrait watermark visible from both sides when held to light, a security thread that glows orange under ultraviolet light, and microprinting to make the bill more difficult to counterfeit.

Circulation and Use

The ten-dollar bill is widely used in daily transactions in the United States. It is a common denomination dispensed by ATMs and used in vending machines and other automated sales devices.

Future

There have been discussions and plans regarding changes to the ten-dollar bill, including the potential introduction of a bill featuring a woman's portrait to reflect the diverse history and contributions of women to the United States. However, as of the last update, no final decisions have been made regarding future redesigns.

Collectibility

Certain series and rare issues of the ten-dollar bill can be of interest to collectors, especially those with unique serial numbers, errors, or those from specific historical periods.

See Also

• United States currency
• Federal Reserve Note
• Alexander Hamilton
• Bureau of Engraving and Printing
• Counterfeit money