Buy Counterfeit US DOLLAR

The United States dollar is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents.

History of the U.S. Dollar

The United States dollar, often refer to as the greenback, was created through the Coinage Act of 1792, which specify that a dollar of currency would be equal to between 371 and 416 grains of silver, and an “eagle” (US$10) at between 247 and 270 grains of gold. Gold coins with an equivalent weight were use as measures in this system. This would help ensure that the purchasing power of the dollar would be equal to the purchasing power of gold or silver at that time.

Also , the first greenbacks were issue as demand notes to finance the 1861 Civil War. They were refer to as “greenbacks” because they were green in color. Legal tender known as “United States Notes” was first issue in 1862. And a centralized system for printing the notes was first established in 1869. Non-interest bearer notes continued to gain in popularity across a system of competing local currencies with the establishment of a national banking system and establishment of the Federal Reserve system in 1913.

Global Usage …..

The U.S. dollar is recognize as a currency in other countries, and as an official currency within territories like Puerto Rico and Samoa.

However, the reach of the U.S dollar extends outside of the United States and its recognized territories, through a process called dollarization. Learn about dollarization, its pros and cons, and which countries use the United States Dollar (USD).

USD is use within the United States and its official territories (Puerto Rico, Guam, America Samoa, U.S. Virgin Islands, and Northern Marina Islands). There are also eleven other countries which use the USD as their official currency.