784M U.S. Banknotes Printed in March and Worth .5 Billion | latest news

784M U.S. Banknotes Printed in March and Worth $13.5 Billion

Thursday, 17 April 2008 12:59

In March of 2008 a total amount of 784,010,000 U.S. banknotes was printed by the Bureau of Engraving and Printing (BEP). All banknotes are worth an overall of $13,501,800,000.

The data for March shows an increase of notes printed in comparison with February. Despite this fact the value of the banknotes in March was lower. If to compare the two months the BEP didn't print $20 notes but doubled the production of $5 notes.

Probably the most interesting comparison is the one linked with physical weight of all notes issued. February registered the total weight of banknotes of 649,600 kilograms while notes printed in March weighted 784,010 kilograms.

Chart of Printed Notes by Denomination:
Volume and Face Value (March 2008)

Denomination	Total Printed by Denomination	Total Face Value
Ones	444,800,000	444,800,000
Fives	140,800,000	704,000,000
Tens	83,200,000	832,000,000
One Hundreds	115,210,000	11,521,000,000

An average of 25.3 million banknotes was printed each day throughout March, having an approximate face value of $436 million.

Although such amount of money seems to be quite impressive, the Bureau of Engraving and Printing shows that about 95 percent of all banknotes newly printed replaced the old notes or notes that were taken out of circulation.

In case this percentage is run across the overall results of March, then the extra banknotes, issued for circulation, decreased down to $21.8 million per day.

Printed Notes: Denomination and Production Information (March 2008)

Denomination	Production Location	Series	Serial Numbers (Beginning From and Ending To)		Quantities	Total Face Value
$1.00	Washington, DC	2006S	B 12,800,001 I	B 96,000,000 I	83,200,000	83,200,000
$1.00	Washington, DC	2006S	B 1 J	B 57,600,000 J	57,600,000	57,600,000
$1.00	Washington, DC	2006S	C 25,600,001 D	C 83,200,000 D	57,600,000	57,600,000
$1.00	Washington, DC	2006S	B 3,200,001 *	B 6,400,000 *	3,200,000	3,200,000
$1.00	Forth Worth, TX	2006S	G 1 A	G 44,800,000 A	44,800,000	44,800,000
$1.00	Forth Worth, TX	2006S	K 76,800,001 B	K 96,000,000 B	19,200,000	19,200,000
$1.00	Forth Worth, TX	2006S	K 1 C	K 96,000,000 C	96,000,000	96,000,000
$1.00	Forth Worth, TX	2006S	K 1 D	K 19,200,000 D	19,200,000	19,200,000
$1.00	Forth Worth, TX	2006S	L 64,000,001 H	L 96,000,000 H	32,000,000	32,000,000
$1.00	Forth Worth, TX	2006S	L 1 I	L 32,000,000 I	32,000,000	32,000,000
$5.00	Forth Worth, TX	2006G	IC 6,400,001 A	IC 89,600,000 A	83,200,000	416,000,000
$5.00	Forth Worth, TX	2006G	ID 1 A	ID 57,600,000 A	57,600,000	288,000,000
$10.00	Forth Worth, TX	2006G	IF 38,400,001 B	IF 96,000,000 B	57,600,000	576,000,000
$10.00	Forth Worth, TX	2006G	IF 1 C	IF 25,600,000 C	25,600,000	256,000,000
$100.00	Washington, DC	2006N	HE 80,000,001 A	HE 99,200,000 A	19,200,000	1,920,000,000
$100.00	Washington, DC	2006N	HE 1 B	HE 38,400,000 B	38,400,000	3,840,000,000
$100.00	Washington, DC	2006N	HF 57,600,001 B	HF 80,000,000 B	22,400,000	2,240,000,000
$100.00	Washington, DC	2006N	HB 60,800,001 D	HB 96,000,000 D	35,200,000	3,520,000,000
$100.00	Washington, DC	2006N	HB 3,200,001 *	HB 3,520,000 *	10,000	1,000,000

Notes that have an asterisk in their serial number point to a "star note." Such notes represent a replacement for those notes that were misprinted. They are also meant to replace particular serial numbers, such as 000 000 000. Usually collectors are eager to find and place in their collection star notes, because these are rarer than common banknotes.

Comments (2)

Help for dollar note

I think you need to make a slight change to your headline. Specifically, you should remove that first dollar sign. If $784 million in U.S. banknotes were printed, they would be worth $784 million, not $13.5 billion. However, I can see where 784 million banknotes could be worth $13.5 billion total.