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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."
So, when will the USA switch to Euro?
A monkey is doing the real work for me.
I know it's kind-of silly, but I always really liked having all green bills. It makes my money-wads look a lot less messy. I've had money-wads of multi-colored bills, and it just gets ugly. The mass of colors ends up so busy that its irritating to look at.
Of course, I'm a little obsessive compulsive and my favorite color is green, but it's alright to have a biased position.
There will be no recall or devaluation of any U.S. currency. Old or new, all U.S. currency always will be honored at full face value.
So, tell me, if I'm a counterfitter, why wouldn't I just copy the older bills and 'age' them in the washing machine?
Only in America will they spend $35 million dollars to promote something everyone already wants, money.
sin(6cos(r)+5A)
In 2001 they released a new bill design, and said "we want to stay one step ahead of the counterfeiters". Before that the bill had been unchanged for, what, 30 years? And now three years later, they're releasing a new bill? Its being kept hush-hush, but this is a clear sign that our currency is being successfully counterfitted.
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.
I'm British. I'm used to European money, which is all different colours and different sizes, and in a lot of cases is made out of plastic. You probably don't realise just how weird American money looks to us; it's all the same size, it's all the same colour --- even the material feels odd; thin and papery and not very robust. (Rag paper, isn't it?)
When I last visited the US, dealing with American money was a continual surprise. Normally when I visit another country it doesn't take long before I can recognise notes by colour and size, which makes it much easier to handle. With American money, I kept having to peer at it to work out what it was I was about to hand over. I got the impression that they were designed by someone who knew about ergonomics, but wanted no truck with the idea.
Of course, this is mostly just a matter of being used to a different system (I expect that with some practice you get used to looking at the picture rather than the overall design), but I do wonder how blind and partially sighted people manage.
While this isn't a complete solution, at least the high-denomination notes will look different from the low-denomination notes, which will make it much less easy to, e.g., tip someone a hundred dollars instead of one. (Although whether this is considered a benefit depends which side of the transaction you're standing.)
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."
From the parent post:
Only in America will they spend $35 million dollars to promote something everyone already wants, money.
The other $18 million is being earmarked to fight dyslexia. Or was it $81 million?
I'm generally "Interesting," "Insightful," and even "Funny" here. What the hell happens to me at parties?
Euro - what a shitty name for currency!
Even more creative than "Dollar", because this name was ripped off from the Austrian currency "Taler" that was first established in the 15th century. But Euro on the other side symbolizes unity, a unity of countries with a currency stronger than the dollar (it is way stronger, even OPEC thinks about switching from Dollar to Euro as standard currency).
A monkey is doing the real work for me.
Thousands of peices of clipart rendered obsolete!
ADVENTURERS! - ANTIHERO FOR HIRE - CARDMASTER CONFLICT
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
.gov domains? I mean, moneyfactory.com sounds like a scam site to me.
Does anyone else think that government sites should have
BTW, they still have green backs.
It's a nuisance having all the notes different colours. They become less uniform. It's bad enough that they have different pictures on them. Can't they all be the same except for the value? Only the laziest of people and those stupid Canucks can't be bothered to read the number.
What's even more annoying is that small change comes in different sizes. Not only that, but the sizes are illogical. I mean come on! 5c is bigger than 10c! We need to make themn all the same size and all the same colour to remove this confusion.
The issue I see with this form of anti-piracy copy protection is that the methods to detect fraud take too long.
When I worked in retail where a typical purchase was about $35, we saw Twenties all day long. The only thing we did was make sure it was put in the drawer facing the same way so the manager wouldn't get upset when he did the count that night.
For $50 or $100 we had a yellow pen that you ran on the bill and the ink would be brown for a good bill, black if it was not.
THAT'S IT - there was no using a microscope to read Jackson's lips as he spoke the word "Republic".
Bottom line is, unless retailers perceive there is a problem to their bottom line because the banks won't accept their cash deposits full of bad cash, the best solution is for the mint to print fewer bills and assume a certain percentage of fraudulent bills are in circulation.
It woudl save the treasury money on ink and cotton paper!
I only came here to do two things; kick some ass, and drink some beer...looks like we're almost out of beer.
All the big portrait remakes of U.S. currency neglected the one dollar bill.
From what I understand, paper money costs more to maintain relative to coin over a period of years. Wear and tear means reprinting and replacement over a shorter life cycle for paper currency.
There's been 2 or 3 attempts to get US to use one dollar coins, and the vending machine manufacturers and the casinos would welcome the move, but people keep wanting to use those $1 bills over the Ike dollars, the Susan B. dollars and I'm not sure what else.
What's weird is that coins up to $20 denomination were used in the 19th century. And that was when $20 represented something like 2/3 of a month's wages for many people.
"Provided by the management for your protection."
It looks like Queer Eye visited the US Treasury.
Made from plastic, but designed to feel like paper, they are practically unforgable. They have transparent windows, water marks, textured areas, the whole shibang. If you ever manage to get hold of one, you'll realise just how impossible a task making a replica would be.
Just from the link above, here's the security features of our notes (all of which I think are rather cool):
1. Each polymer note has two transparent windows. One of the transparent windows is oval-shaped and sloping and has the denomination numerals embossed in it. The other clear window is in the shape of a curved fern leaf.
2. There is a fern immediately above the clear fern-shaped window. When you hold the note to the light, the fern should match perfectly with another fern on the other side.
3. You should easily be able to see a shadow image of the Queen when you hold the note to the light.
4. Each note has an individual serial number printed horizontally and vertically.
5. Polymer notes have raised printing, which stands up on the surface and can be felt when you run your fingers over it.
6. Tiny micro-printed letters "RBNZ" should be visible with a magnifying glass.
7. Under an ultraviolet light, the polymer note appears dull. Most commercial papers used in forgeries will glow under an ultraviolet light. However, polymer notes contain special inks, which make particular features glow under an ultraviolet light. For example, the front of each genuine note has a fluorescent patch showing the denomination numerals, which can only be seen under an ultraviolet light.
Looks can be deceiving. Or CAN they?
You know, I found I derived more enjoyment and satisfaction from the flash tutorial talking about the new bill than I'll ever enjoy from fondling the real money. *sigh*
Rooting for the yankees is like rooting for herpes.
> 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.
Well, you have to spend money to make money..
One of the little hassles of life I struck when moving from New Zealand to the US is the greater effort required to empty my pocket of coins. I'd never seen those little boxes of pennies on shop counters. In NZ we gave up our 1 and 2 cent coins long ago and nobody seemed to suffer much. In the US this is the subject of a raging debate. Change (no pun intended) doesn't come easily here. In NZ we also have $1 and $2 coins and prices are usually inclusive of tax so there are fewer oddball amounts to pay.
Clicky clicky.
Right now, 1 EUR = 1.17USD.
On your next trip to America, just remember this simple little mathmatical formula:
1 is less than 5 is less than 10 is less than 20 is less than 50 is less than 100
If this still proves to be difficult, just hand over your wallet to one of us and we will audit your currency for you...for a small fee.
Strange women lying in ponds distributing swords is no basis for a system of government.
duh, like e2 is a credible source.
all variations of "thaler","taler" and "dollar" stem from the silver coins produced at the "Joachimstaler Silvermine" (which is named after the village Saint Joachimsthal in the Erzgebirge in what is today Germany) where silver coins are produce since pretty early. You may look that up in your favourite book of etymology.
You may also know that Austrians speak german (or germans speak austrian, by the time the words came up nations like today didnt even exist).
So yes the term doller comes a word that is as much austrian as it is german. Just because some spanish guy used the term "taler" to denote something similar to a taler does not make it a spanish word.
the most sexp i get is my paren-mode.
"The US Government is spending $53,000,000 over the next 5 years to make sure everybody knows that this is a real note" ...you have to spend money to make money.
The site is loaded with information on not just notes but coins as well, just browse around.
Oh my, you havent entered many establishments off the border of Canada then.
#1. Girls can "pick up" those loonies/toonies just fine with their orifices.
#2. If you dont like a stripper, throwing one is both cheap and effective.
But since I am going to Vegas for my 21st bday...I will have to master the art of giving the ladies the bills...
I dont think coins go well over there...
[I can picture a world without war, without hate. I can picture us attacking that world, because they'd never expect it]
Yes, the Bureau of Engraving and Printing has supplied test samples to the makers of recognition devices so that they can update as needed. Current models are software-updateable, but it will be a bit of a pain regardless. There are quite a few machines which accept $20s - I've seen them in Post Offices and at laundromats!
Oddball amounts in the US are not the result of taxes being added to the total. Shopkeepers could easily work backwards to price things such that the taxes rounded off the total.
Our non-round prices were intentionally set to force cashiers to use the cash register. If prices were nice and easy to calculate in one's head and were likely to come to some round number, a cashier might never key the sale into the register. Since the number was round, the customer might hand over the exact amount. The cashier could pocket the amount of the entire sale.
By forcing the cashier to key the sale into the cash register, and forcing the cashier to make change, the opportunities to steal are reduced.
Soon they may have the girls carrying around credit-card scanners.
Why oh why did I just get some horrible mental imagery of where they'll be having people swipe those credit cards...
"You know your god is man-made when he hates all the same people you do."
The problem is my paycheck often has negative, irrational or imaginary dollar amounts.
The only thing I use paper money for is milk shakes and lap dances.
This is not my sandwich.
When will they get it through their heads that the construction of the bill won't every solve counterfeiting? Anything they can make, others can make too. Last time, the Russian mafia had excellent fakes out almost before most people in the US had the new bills in their pockets!
The only practical solution is to surveil the money (not the people). What do I mean by "surveil the money?". Well, each bill already has a serial number. You don't have to track every bill either, just most bills. Scanners at banks, convenience stores, and other common cash exchange points would transmit the location of the bill, as well as validate the bill.
To catch a counterfeiter, just watch for the following inconsistancies: Bills moving at hypersonic speeds accross the US, serial numbers that aren't in the database, two bills with the same number in different locations, etc.
Then, just pull up the surveilance tapes from the stores where the bills are passed. Match faces. If a suspicious bill is passed by the same person more than once, you have just cause. Get warrant. Search house. You've got them.
A few crooks would still slip through now and then, but high-volume operations would be extremely difficult because the odds would catch up with these guys. They would have to control the valid bill to prevent the dupe flag from being raised, or conspire to hack the database, or launder money through stores that didn't participate in the system--activities which are much easier to investigate and track.
For all intensive purposes, "whom" is no longer a word. That begs the question, "who cares"?
Is it true that they can never change the $1 bill because there it is so easy to forge that there is a vast and unknown amount of forgeries out there, and changing the bill would risk a finacial collapse, if the american government had to 'redeem' all of the forgeries?
***You learn something Every day. And then you die.***
Someone please file an ADA suit with the fed. How much longer will blind people be stuck with shitty bills? There's plenty of blind people who are perfectly capable of shopping, but can't due to lack of proper currency. No, credit is not a viable option, as there is no way to verify your purchase amount at checkout, and braille receipt printers would be far more expensive than switching the bills to other sizes.
/. Eurotrolls:) Look, how often do you put a $100 bill into a vending machine? Make it larger. Ditto from $20 on up. The only thing that might be a minor bit of hassle is changing the size of the $5 and $10.
I mean, even those heathens in Europe have bills with different sizes. Their merchants seem to be able to handle it without trouble. Perhaps the Europeans are smarter than Americans? (Here come the
That's the difference between the blind and the deaf communities. The deaf would be marching on DC if they couldn't use currency. The blind just shut up and take it. (Before you blast me or mod me down, my wife is both deaf and blind, so I have experience with both groups.)
Jesus was all right but his disciples were thick and ordinary. -John Lennon