The first president, George Washington, painted by Gilbert Stuart, is currently featured on the obverse, while the Great Seal of the United States is featured on the reverse. The one-dollar bill has the second oldest design of all U.S. currency currently being produced, after the two dollar bill. The obverse debuted in 1963 when the $1 bill first became a Federal Reserve Note.
The inclusion of "In God We Trust" on all currency was required by law in 1955. The national motto first appeared on paper money in 1957.
The Bureau of Engraving and Printing says the average life of a $1 bill in circulation is 18 months before it is replaced due to wear.
To the left is the reverse of the seal which portrays an unfinished pyramid. The separated cap of the pyramid, portraying the all-seeing eye, symbolizes that the United States is still far from finished. The shadow cast by the pyramid from the rising sun represents the undiscovered lands to the west. The sun, which is rising, represents that a new nation has begun. The Latin phrase Annuit Cœptis is located above the pyramid. Taken from the Latin words annuere (to nod, approve) and coepere (to begin, undertake), it literally means "he/it favors the things having been begun." The official translation given by the U.S. State Department, the U.S. Mint, and the U.S. Treasury is "He (God) has favored our undertakings."
The eye above the pyramid is popular among conspiracy theorists, and alleged to have connections with the Illuminati secret society. There have also been associations made from the pyramid to the Illuminati because it has thirteen steps. The eagle on the one-dollar-bill is also carrying thirteen arrows and thirteen leaves. Furthermore, if a star of David is made on the pyramid the letters at its points will spell out the word "Mason" in a perceived reference to the group of Free Masonry. The number thirteen, symbolizing the 13 original colonies, shows up 13 times. -Added July 27, 2008
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