Let's End the Confusion. Basis Weight. The basis weight of a paper is the designated fixed weight of 500 sheets, measured in pounds, in that paper's basic sheet size. It is important to note that the basic sheet size is not the same.
Today, we're going to focus on paper currency, like the $1 bill. The BEP began in 1862, when only six people created money by hand in the basement of the Treasury building. Today, the BEP has two facilities. The Washington, D.C., site opened in 1914. A newer facility in Fort Worth, Texas, opened in 1991 to meet increased demand for currency.
The Presidential Dollar Coin Act. The program was authorized under The Presidential $1 Coin Act (Public Law 109-145), which was signed by President George W. Bush on December 15, 2005. The Act provided for the redesign and issuance of $1 coins honoring the former Presidents of the United States during the period beginning January 1, 2007.