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Bureau of Engraving and Printing Issues New US$20

jea6 writes "Hot off the Western Currency Facility presses in Fort Worth! The Bureau of Engraving and Printing is issuing the new US$20 note to banks today. The newly redesigned Series 2004 $20 notes have background colors (so long, greenbacks) and improved security features. Ask your bank to send a few your way. Unlike the U.S Mint's "Golden Dollar", these notes will be issued to replace the Series 2001 note. Look for a redesigned Grant in 2004 and a new Benjamin in 2005. The US Government is spending $53,000,000 over the next 5 years to make sure everybody knows that this is a real note, so go get acquainted with one."

4 of 706 comments (clear)

  1. Think these are good? You should see the .au notes by hype7 · · Score: 5, Informative

    The Aussie notes are amongst the best in the world, IMO.

    Different colours for different values.

    Different sizes for different values.

    They're based on Polymer. Put one through the wash, it comes out looking like new. Well, almost.

    Some extremely sophisticated anti-counterfeiting techniques.

    Our Reserve Bank has even been thoughtful enough to worry about those with vision impairment.

    And, they just look cool.

  2. Re:Anybody got... by lorax · · Score: 3, Informative

    B.E.P. must have had you in mind. You can download the PDF file of the new bill here: http://www.moneyfactory.com/newmoney/files/Bill_gl ossies_white.pdf

    Does anyone else think that government sites should have .gov domains? I mean, moneyfactory.com sounds like a scam site to me.

    BTW, they still have green backs.

  3. The Euro is worth more than the US Dollar. by Xenex · · Score: 3, Informative

    Clicky clicky.

    Right now, 1 EUR = 1.17USD.

  4. Re:I don't get it. by DietFluffy · · Score: 3, Informative

    Wrong.

    Source: United States Department of the Treasury

    Question: I thought that United States currency was legal tender for all debts. Some businesses or governmental agencies say that they will only accept checks, money orders or credit cards as payment, and others will only accept currency notes in denominations of $20 or smaller. Isn't this illegal?

    Answer: The pertinent portion of law that applies to your question is the Coinage Act of 1965, specifically Section 102. This is now found in section 392 of Title 31 of the United States Code. The law says that: "All coins and currencies of the United States, regardless of when coined or issued, shall be legal-tender for all debts, public and private, public charges, taxes, duties and dues."

    This statute means that all United States money as identified above are a valid and legal offer of payment for debts when tendered to a creditor. There is, however, no Federal statute mandating that a private business, a person or an organization must accept currency or coins as for payment for goods and/or services. Private businesses are free to develop their own policies on whether or not to accept cash unless there is a State law which says otherwise. For example, a bus line may prohibit payment of fares in pennies or dollar bills. In addition, movie theaters, convenience stores and gas stations may refuse to accept large denomination currency (usually notes above $20) as a matter of policy.