Definition Dollar Greenback

Its all about the Ink!

Greenback dollar

The ink on the reverse side of the Greenback Federal Reserve Notes being green is what led to the nick name “greenback”. To a lesser extent, Silver Certificates and United States Notes also had a greenback, but the seal and serial numbers on the front were printed in blue and not green ink. The last issuance of the Greenback was in 1957 and 1966, respectively. The Greenback is a weel known form of United States currency, specifically a Federal Reserve Note, which is the paper currency presently used by the United States. Your parents will remember the Greenback !

‘Greenbacks’ have been printed since before the turn of the 20th century, when the size of the paper currency was printed on was about 1/3 wider and 1/3 longer than its present size. Many older Greenback notes are now extremely valuable.