Color of Money
Copyright © 2009 - 2018 Tomitheos Photography - All Rights Reserved
This rare $2 USD paper bank note has a red stamp because it is not based on debt, this legal tender is based on real money as it represents an exchange for the precious metals: gold or silver.
When the USD paper bank note stopped representing the gold and silver held in bank vaults and started representing 'credit' on our future labor.. bank notes (paper monies) were then bound to have a 'fictitious value' and came to be 'debt based' as we are slowly realizing today.
The United States single dollar [dollar sign symbol: $] and [dollar code: USD] is the unit of currency of the United States and is defined by the Coinage Act of 1792 to be between 371 and 416 grains which is 27.0 grams of silver -depending on its purity.
Copyright © 2009 - 2012 Tomitheos Photography - All Rights Reserved
fun facts:
The U.S. dollar is divided into 100 cents but was divided in 200 half-cents prior to 1857.
The United States dollar is normally abbreviated as the USD dollar sign $ to distinguish it from other dollar-denominated currencies that use the $ symbol.
Color of Money
Copyright © 2009 - 2018 Tomitheos Photography - All Rights Reserved
This rare $2 USD paper bank note has a red stamp because it is not based on debt, this legal tender is based on real money as it represents an exchange for the precious metals: gold or silver.
When the USD paper bank note stopped representing the gold and silver held in bank vaults and started representing 'credit' on our future labor.. bank notes (paper monies) were then bound to have a 'fictitious value' and came to be 'debt based' as we are slowly realizing today.
The United States single dollar [dollar sign symbol: $] and [dollar code: USD] is the unit of currency of the United States and is defined by the Coinage Act of 1792 to be between 371 and 416 grains which is 27.0 grams of silver -depending on its purity.
Copyright © 2009 - 2012 Tomitheos Photography - All Rights Reserved
fun facts:
The U.S. dollar is divided into 100 cents but was divided in 200 half-cents prior to 1857.
The United States dollar is normally abbreviated as the USD dollar sign $ to distinguish it from other dollar-denominated currencies that use the $ symbol.