One of the fun parts about saving your $5s is that you’ll want to tell everyone you meet. Spice up the conversation with these $5 bill factoids.
* According to the U.S. Bureau of Engraving and Printing, only 9 percent of all U.S. paper currencies are five dollar bills. By contrast, approximately 45 percent of paper currency produced in the country are ones, 11 percent tens, and 22 percent twenties, making up 88 percent of all paper currency. In other words, you won’t miss the $5s if you save them because there are fewer $5s in circulation than any other paper currency so you’ll still have lots of cash left to spend.
* The current $5 bill bears U.S. President Abraham Lincoln’s portrait on the front. The back of the bill features the Lincoln Memorial. This bill is all about Honest Abe.
* The Bureau of Engraving and Printing estimates the average life of a $5 bill is 16 months until it is retired due to wear. Or until it ends up in my hands, in which case it lives forever!
* In March, 2008, the U.S. Department of Treasury released a new $5 bill into circulation. The bill has two number 5 watermarks added to the design, splashes of purple and gray, that officials say will put an end to counterfeiting.
* Nicknames for the $5 bill include ‘fin,’ ‘five-spot,’ ‘fiver,’ and ‘nickel.’
Yours in Fives,