Wednesday, October 30, 2013
The Money Musuem at the Federal Reserve Bank of Kansas City
Written by Matt Rosenfeld
The Money Museum, located inside the Federal Reserve Bank of Kansas City, and due to the large sums of cash on hand at the museum, there is pretty tight security to get inside.
However, once you get past security, you'll learn about the inner workings of how money is printed in the United States, as well as destroyed. You'll get a good idea about the inner workings of our economy and how it is decided how much of each denomination to print.
There is also a neat exhibit on how the various coins and bills we use have evolved and changed over the history of the United States. Another neat thing to see is how the money we use today is removed from circulation and destroyed.
A few other not to be missed exhibits include a 23 lb., 99.999 percent pure gold bar, that you can lift, and a display that shows you what a million dollars looks like.
As a free gift upon exiting, you'll also receive a bag of destroyed shredded money (which unfortunately has no value any longer). While this is a small museum, it is definitely enjoyable for adults, and would be a fun place to talk children for an afternoon to learn about money and how currency is made and destroyed.
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