The United States fifty-dollar bill (US$50) is a denomination of United States currency. The 18th U.S. president (1869-1877), Ulysses S. Grant, is featured on the obverse, while the U.S. Capitol is featured on the reverse. All current-issue $50 bills are Federal Reserve Notes. As of December 2018, the average life of a $50 bill in circulation is 12.2 years before it is replaced due to wear. Approximately 3.5% of all notes printed in 2019 were $50 bills. They are delivered by Federal Reserve Banks in beige straps. Next to the United States two-dollar bill, the fifty-dollar bill has the lowest circulation of any U.S. denomination measured by volume, with 1.8 billion notes in circulation as of December 31, 2019.

History

Large size notes

(approximately 7.4218 × 3.125 in ≅ 189 × 79 mm)

Small size notes

(6.14 × 2.61 in ≅ 156 × 66 mm)

Series dates

Small size

Proposed redesign

In 2005, a proposal to put Ronald Reagan's portrait on the $50 bill was put forward, but never went beyond the House Financial Services Committee, even though Republicans controlled the House. In 2010, North Carolina Republican Patrick McHenry introduced another bill to put Reagan's portrait on the $50 bill.