there are no women pictured on any value of US paper currency. only men.
The federal government says it has value
Because we don't use fractional paper currency such as a paper 50 cent note.
Because people ascribe value to it and it is backed by the federal government. In and of itself it is virtually worthless.
Because people ascribe value to it and it is backed by the federal government. In and of itself it is virtually worthless.
The 25 cent paper bill you refered to is called "fractional currency". The US Government did not issue fractional currency until 1862.
3
The answer depends on the currency in question. The whole idea of paper currency's value is that it is a promise of funds. If you have a $20 united states dollar, then the united states treasury is promising you that the value is $20. However the actual value is nothing, if the united states treasury stopped recognizing paper currency, then it would be worthless.
No, state names are not printed on U.S. paper currency.
ask.com
No.
There's nothing called a "currency dollar". In 1862 the US printed paper $1 notes and struck $1 coins in both silver and gold.