Description
$10 USD Bills. The United States ten-dollar bill ($10) is a denomination of U.S Currency. The obverse of the bill features the portrait of Alexander Hamilton, who served as the first U.S Secretary of the Treasury. The reverse features the U.S. Treasury Building. All $10 bills issued today are Federal Reserve Notes.
As of December 2018, the average life of a $10 USD Bills in circulation is 5.3 years before it is replaced due to wear. Ten-dollar bills are delivered by Federal Reserve Banks in yellow straps.
All $10 bills issued today are Federal Reserve Notes. The $10 bills is unique in that it is the only denomination in circulation in which the portrait faces to the left. It also features one of two non-presidents on currently issued U.S. bills, the other being Benjamin Franklin on the $100 bill.
THE OLD $10 BILLS :
Ten dollars was still a lot of money back in the day. In 1900 $10 was the equivalent to about $275 today! You can see why so few bills survived. That was a week’s pay for some people. As has always been the case for most collectible money. The majority of old ten dollar bills available on the market today were saved by accident or because they were important to the saver (year of birth, first $10 bill earned by a shop).
WHEN WAS THE $10 BILL REDESIGNED ?
When the U.S. Department of Treasury announced in 2016 that it intended to put Tubman on the front of the $20, it noted that the $10 bill was the next to be redesigned due to security issues, and would not be released until at least 2026. That denomination likely won’t be in circulation until 2028.11 Feb 2021
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