As you know, we don't exchange wampum with fur traders anymore. I suspect the number of fur traders peaked long ago. The museum offers a short live presentation with a Q&A session. Explaining the operation of Federal Reserve is the main focus. They don't teach you counterfeiting but you do learn the various techniques they use to prevent it.
I was surprised to learn the Federal Reserve Bank system is less than a 100 years old. It was established in 1913. Before that regional banks printed their own money.
|a million dollars in twenties|
Besides learning about our currency and banking system a visitor gets to see lots of money. In the museum you can see more than 3 million dollars (three piles of a million each are on display). In telling the history of currency you see many old bills one of which recently sold for over 2 million dollars at auction.
|a million dollars in $100 dollar bills|
|a million dollars in $1 dollar bills|
The cube of a million dollars is about 4 feet on each side. The $1 dollar bills inside appear to be old ones that were probably going to be shredded. That's is one of the activities going on in the lower floors of the building we were in. Hundreds of millions of bills travel through the place and the bills coming in are processed through a machine that detects worn-out and counterfeit bills. Many millions in currency is shredded there every work day. The building's vaults hold billions of dollars.
Quick question - What is the largest face value bill circulated in US currency? (select/highlight the green box for the answer) $100 bill
You can find your money's worth of pictures at Unknown Mami's blog (of course it's free)- click the button