ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -The $5 note features subtle background colors of light purple and gray, and includes an embedded security thread that glows blue when illuminated by UV light.

Detailed explanation-2: -The $5 note features a portrait of President Lincoln on the front of the note and a vignette of the Lincoln Memorial on the back of the note. The Great Seal of the United States, featuring an eagle and shield, is printed in purple to the right of the portrait of President Lincoln.

Detailed explanation-3: -The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color.

Detailed explanation-4: -Micro-printing can be found around the portrait as well as on the security threads. the bills will glow: the $5 bill glows blue, the $10 bill glows orange, the $20 bill glows green, the $50 bill glows yellow and the $100 bill glows pink. Hold the bill up to a light to check for a watermark.

Detailed explanation-5: -The Uncirculated 1953 five dollar red seal star notes are worth up to $100. The red seal appears on United States Notes issued from from 1862 to 1971. It shows that the money is an obligation of the U.S. Treasury. Until 1933, the Treasury had been redeeming these notes for gold.