Federal Reserve Bank of Philadelphia
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100 N. 6th Street
Philadelphia, PA 19106
Phone: +1 (866) 574-3727
© Federal Reserve Bank of Philadelphia.
© Federal Reserve Bank of Philadelphia.
© Federal Reserve Bank of Philadelphia.
Money in Motion is a 3,500-square foot exhibit located inside the Federal Reserve Bank of Philadelphia, highlighting money, banking, and the Federal Reserve System. This interactive exhibit features 17 stations, which is updated with a new station each year-evolving just as the Federal Reserve’s role evolves.
Treasure Trove
Visitors will marvel at the “Treasure Trove,” a collection of the earliest form of money starting with wampum shells to an array of unique and rarely seen currency issued after the Federal Reserve System was founded in 1913. There is a colorful collection of paper money from the original 13 colonies and the Continental Congress along with many coins that circulated in the 1700s. Money and tokens used during the Civil War are on display. Notable pieces include three 1934 gold certificates, an extremely rare $100,000 banknote, and a $20 Saint-Gaudens double eagle coin.
The newest security features on the United States currency are shown and visitors are allowed to test their skill at detecting counterfeits using an interactive element called “True or False.” Then, the “Eye on the Money” exhibit takes visitors inside the vault to show how the Federal Reserve manages $100 billion dollars of cash each year, distributing it to its customers, and processing transactions using highly sophisticated machines to see if it is fit, unfit, or counterfeit. The unfit currency is shredded for visitors to witness. A currency cart holding $1,350,000 in $5-bills is on display along with a 25-foot tower of shredded bills totaling $100 million.
Match Wits with Ben
One of the most popular elements is “Match Wits with Ben,” a timed interactive game that pits visitors against Benjamin Franklin to test their knowledge of money, banking, and the Federal Reserve.
At another station, visitors may also try their hand at operating a bank that advances players from a trainee to investment manager-if they answer the questions correctly. Still another display lets visitors experience what’s ahead in the payments system as they interact with a futuristic teller.
Federal Reserve Monetary Policy
For those who want to better understand the Federal Reserve’s monetary policy’s role in managing economic growth, inflation, and unemployment from the 1950s to the 1990s, the element “Monitoring Monetary Policy” explains it all.
Visitors can relive each decade with videos describing the economic, social, and cultural environment that set the stage for how the economy fared during that time. For anyone interested in understanding more about inflation and why it’s important, there’s another exhibit station to explore.
Before leaving, visitors can learn about the Fed’s vital role in maintaining the nation’s financial stability in a short video depicting the Fed’s role in the days following the terrorist attack on September 11, 2001.
For coin collectors, the “Change for America” display allows visitors to put a quarter in a machine and get the latest addition to the America the Beautiful Quarters series, which honors the national parks and monuments in the 50 states.
This text was written by Howard M. Berlin and first published in his book The Numismatourist in 2014.
You can order his numismatic guidebook at Amazon.
Howard M. Berlin has his own website.
