United States fifty-dollar bill

Last updated
Fifty dollars
(United States of America)
Value$50
Width156 mm
Height66.3 mm
WeightApprox. 1.0 [1]  g
Security featuresSecurity fibers, watermark, security thread, color shifting ink, micro printing, raised printing, EURion constellation
Material used75% cotton
25% linen
Years of printing1861–present
Obverse
50 USD Series 2004 Note Front.jpg
Design Ulysses S. Grant
Design date2004
Reverse
50 USD Series 2004 Note Back.jpg
Design United States Capitol
Design date2004

The United States fifty-dollar bill ($50) is a denomination of United States currency. The 18th U.S. president (1869-1877), Ulysses S. Grant, is featured on the obverse, while the U.S. Capitol is featured on the reverse. All current-issue $50 bills are Federal Reserve Notes.

Contents

As of December 2018, the average life of a $50 bill in circulation is 12.2 years before it is replaced due to wear. [2] Approximately 3.5% of all notes printed in 2019 were $50 bills. [3] They are delivered by Federal Reserve Banks in beige straps. Next to the United States two-dollar bill, the fifty-dollar bill has the lowest circulation of any U.S. denomination measured by volume, with 1.8 billion notes in circulation as of December 31, 2019. [4]

History

Large size notes

(approximately 7.4218 × 3.125 in ≅ 189 × 79 mm)

1862 $50 Legal Tender note US-$50-LT-1862-Fr-148a.jpg
1862 $50 Legal Tender note
1880 $50 Legal Tender, depicting Benjamin Franklin US-$50-LT-1880-Fr.164.jpg
1880 $50 Legal Tender, depicting Benjamin Franklin
1891 Silver Certificate US $50 1891 Silver Certificate.jpg
1891 Silver Certificate
1914 Federal Reserve Note US-$50-FRN-1914-Fr-1053.jpg
1914 Federal Reserve Note

Small size notes

(6.14 × 2.61 in ≅ 156 × 66 mm)

Series of 1929 Federal Reserve Bank Note. US-$50-FRBN-1929-Fr.1880-B.jpg
Series of 1929 Federal Reserve Bank Note.

Series dates

Small size

TypeSeries Register Treasurer Seal
National Bank Note Types 1 & 21929 Jones Woods Brown
Federal Reserve Bank Note 1928AJonesWoodsBrown
TypeSeries Treasurer Secretary Seal
Gold Certificate 1928 Woods Mellon Gold
Federal Reserve Note 1928WoodsMellonGreen
Federal Reserve Note1928AWoodsMellonGreen
Federal Reserve Note1934 Julian Morgenthau Green
Federal Reserve Note1934AJulianMorgenthauGreen
Federal Reserve Note1934BJulian Vinson Green
Federal Reserve Note1934CJulian Snyder Green
Federal Reserve Note1934D Clark SnyderGreen
Federal Reserve Note1950ClarkSnyderGreen
Federal Reserve Note1950A Priest Humphrey Green
Federal Reserve Note1950BPriest Anderson Green
Federal Reserve Note1950C Smith Dillon Green
Federal Reserve Note1950D Granahan DillonGreen
Federal Reserve Note1950EGranahan Fowler Green
Federal Reserve Note1963AGranahanFowlerGreen
Federal Reserve Note1969 Elston Kennedy Green
Federal Reserve Note1969A Kabis Connally Green
Federal Reserve Note1969B Bañuelos ConnallyGreen
Federal Reserve Note1969CBañuelos Shultz Green
Federal Reserve Note1974 Neff Simon Green
Federal Reserve Note1977 Morton Blumenthal Green
Federal Reserve Note1981 Buchanan Regan Green
Federal Reserve Note1981A Ortega ReganGreen
Federal Reserve Note1985Ortega Baker Green
Federal Reserve Note1988Ortega Brady Green
Federal Reserve Note1990 Villalpando BradyGreen
Federal Reserve Note1993 Withrow Bentsen Green
Federal Reserve Note1996Withrow Rubin Green
Federal Reserve Note2001 Marin O'Neill Green
Federal Reserve Note2004Marin Snow Green
Federal Reserve Note2004A Cabral SnowGreen
Federal Reserve Note2006Cabral Paulson Green
Federal Reserve Note2009 Rios Geithner Green
Federal Reserve Note2013Rios Lew Green
Federal Reserve Note2017A Carranza Mnuchin Green

Proposals to honor Reagan

In 2005, a proposal to put Ronald Reagan's portrait on the $50 bill was put forward, but never went beyond the House Financial Services Committee, even though Republicans controlled the House. In 2010, North Carolina Republican Patrick McHenry introduced another bill to put Reagan's portrait on the $50 bill. [8] [ needs update ]

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References

  1. U.S. Currency Education Program. "Weight of a US Banknote". uscurrency.gov. U.S. Currency Education Program. Retrieved 15 July 2020.
  2. "FRB: How long is the lifespan of U.S. paper money?".
  3. "Annual Production Reports". Bureau of Engraving and Printing.
  4. "Currency in Circulation: Volume". Bureau of Engraving and Printing.
  5. "USPaperMoney.Info: Series 1990 $50".
  6. "USPaperMoney.Info: Series 1996 $50".
  7. "USPaperMoney.Info: Series 2004 $50".
  8. Simon, Richard (2010-03-03). "Proposal would put Ronald Reagan's face on the $50 bill". Los Angeles Times . Retrieved 2010-03-03.