<Tr> <Td> </Td> <Td> The examples and perspective in this article deal primarily with the United States and do not represent a worldwide view of the subject . You may improve this article, discuss the issue on the talk page, or create a new article, as appropriate . (December 2010) (Learn how and when to remove this template message) </Td> </Tr> <P> A currency strap, also known as currency band or bill strap is a simple paper device designed to hold a specific denomination and number of banknotes . It can also refer to the bundle itself . </P> <P> In the United States, the American Bankers Association (ABA) has a standard for both value and color, as shown below . Note that all bills greater than $1 only come in straps of 100 count . The colors allow for quick accounting, even when the bills are stacked, such as in a vault . Special striped bands are used for straps containing only star notes . </P> <P> Bundling money together with a simple elastic or paper device is as old as paper currency itself . However, measured and standardized straps are a relatively new idea . For example, until the mid-1970s, The US Federal Reserve counted bills by hand . That is, they employed 55 currency counters whose job it was to count as well as, by touch and feel, authenticate bills . However, as the amount of currency in circulation increased, they found that they needed a more efficient way to count currency . To help the Currency Counting staff keep up, the Bank began strap - sorting the $1 to $20 notes . Straps were visually inspected and weighed against a counterweight equal to the paper mass of 100 genuine U.S. notes . </P>

How much is in a band of money
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