This paper discusses the work of one of the most important divisions in any government department, the Bureau of Engraving and Printing (BEP). From the first currency produced to the first assigned building designated to currency production, many important and interesting things take place within the BEP. I will talk about some of the current statistics of the BEP, like how much currency is produced, and how the money the BEP produces gets into our pockets. The paper shows charts showing the amounts of currency produced and discusses some of the reasons in the rise and decline in production. In reading this paper, you also get a feel for some of the advances in printing technology, the changes in the presses and materials, as well as the ongoing trials of thwarting counterfeiters. The third topic this paper deals with is the new currency that was introduced about two years ago. The new large faced $100 bills, $50 bills, $20 bills, $10 and $5 bills and created quite a buzz during their short duration as our paper money, some positive and some negative, and I will discuss some of those issues in the paper. Another topic I though that the reader would find interesting, was the future endeavors of the Bureau of Engraving and Printing. Things like, the prospects of printing foreign currency, and the addition of new large faced one-dollar bills. And did you know that the BEP has made plans to begin development of colored currency? Well, these are a few of the things discussed in the paper: The Bureau of Engraving and Printing: More Than Just a Tour.
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Introduction.
I never really had a clue where money was made, and I really never had the desire to wonder why. As long as the ATM machines continually spit it out, banks kept distributing it, and stores kept accepting it as "legal tender,"" then why should I question the process? I wholeheartedly believed that money was made in some big factory well hidden in the heartland of Kansas or someplace like that.
Katherine Davalos Ortega Treasurer of the United States Katherine Ortega was born on July 16, 1934 into a family of 9 other children, and had a strong emphasis on education. So it was no surprised that she graduated from high school with high honors and flying colors. She was very well...