Bureau of Engraving and Printing

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Bureau of Engraving and Printing
Bureau of Engraving and Printing
Agency overview
Formed August 29, 1862[1]
Headquarters Washington, D.C.
Employees 2,169 (2006)
Agency Executive Larry R. Felix, Director
Parent agency Department of the Treasury
Website
www.moneyfactory.gov

The United States Bureau of Engraving and Printing (BEP) is a government agency in the United States Department of the Treasury that primarily prints Federal Reserve notes for the Federal Reserve, but also produces a variety of other government security documents.

The Federal Reserve notes are printed at the bureau's facilities in Washington, D.C. and Fort Worth, Texas. The BEP produces other government products such as postage stamps for the United States Postal Service, hand engraved invitations on behalf of the White House, Treasury securities, identification cards, and naturalization certificates. The BEP does not produce any U.S. coins; that is the responsibility of the United States Mint.

The BEP had its foundations in 1861 with workers signing, separating, and trimming sheets of Demand Notes in the Treasury building. In 1877, the Bureau became the sole producer of all United States bills and notes.

The BEP is also responsible for determining whether mutilated currency can be salvaged, and will refund the value of such currency to the owner if this is possible.

Annual Production Figures (in number of notes)
Denomination Fiscal year 1985 FY 1990 FY 1995 FY 2000 FY 2005
$ 1 2,851,200,000 3,148,800,000 4,428,800,000 5,190,400,000 3,475,200,000
$ 2 0 0 153,600,000 121,600,000 N/A
$ 5 777,600,000 912,000,000 992,000,000 640,000,000 576,000,000
$ 10 784,000,000 771,200,000 672,000,000 492,800,000 512,000,000
$ 20 1,449,600,000 1,801,600,000 2,476,800,000 2,707,200,000 3,059,200,000
$ 50 137,600,000 128,000,000 147,200,000 N/A 345,600,000
$ 100 160,000,000 240,000,000 595,200,000 N/A 668,800,000
Bureau of Engraving and Printing building, Washington, D.C.
Bureau of Engraving and Printing building, Washington, D.C.

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