New U.S. $10 issued today

[bigworld]

Okay, maybe it isn't groundshaking LBN, but I found it of interest.

http://www.wmtw.com/money/7611482/detail.html

I find it funny that when the new bills came out, everyone said they looked like play money. Now when you get an old-style bill in change, _it_ looks like play money!

[bif]

1. That is one busy design!

Think they could have crammed more crap on the bill?

[trogdor]

4. Thank you.

I mean, couldn't they get somebody from graphic design school to redesign money? Of the latest redesigns, only the $50 bill seems to have some kind of unified design. The old $10 bill looked classy, and they farked this one up good.

[OnyxCollie]

39. My friend always says,

"You know, we used to engrave like a great nation," whenever he looks at the new currency. (It gets a little annoying.) Speaking of great design, I like your avatar. Isn't that Ed Emberly?

[Art_from_Ark]

46. A $5 Silver Certificate from the Golden Age of American engraving

They sure don't make 'em like THAT anymore

[Tesha]

6. At least it doesn't have Bush's picture (yet...) (NT)

[liberal N proud]

9. I was thinking Reagan

Since there was the push early in bu$h regime to put ronny on money, I was thinking at least is wasn't Reagan's picture.

[tenshi816]

2. Oh, crap.

I haven't been back home to the States in a couple of years. When did the new bills come out? Is there a big enough change that I'm going to think people are giving me Monopoly money when I come over?

What changes have been made?

Edited to say that I've now looked closely at the image in the link. Wow, it's sure become an, um, interesting design.

I was kind of afraid from your post that they'd put Reagan or * on the money.

[wakeme2008]

10. No they are saving the $2 for Reagon

and the $3 for Bush

:rofl:

[NYC]

36. It looks like play money to me.

It will probably look like play money to you. I used to be able to distinguish the demoniation at a glance. Now, I have to look at them carefully because they all look fake to me.

[deadparrot]

3. RAINBOWS!?

The homosexual agenda is infiltrating the treasury. RUN!

[VaYallaDawg]

26. Then we'll have a $3 bill!!

[KansDem]

5. Why was Hamilton moved to the right?

Hmmm, I wonder why this was done. Subliminal suggestion, perhaps? :shrug:

[enlightenment]

19. And why does it look like he had a face lift, or

way too much Botox?

The back of the bill looks like it has mold issues -- orangy yellow splotches.

ick.

[Ediacara]

31. They've all been moved to the left actually....

The portrait in the center gets screwed up too easily when people fold their cash. He is looking the wrong way. Everyone else is looking towards the center of the bill, but with Hamilton looking to the left edge, it makes it look lopsided.

[bobthedrummer]

7. Among other things, the government is broke. eom

[ConcernedCanuk]

8. Interesting, . . .

.
.
.



Link for closer and rear views at

http://www.wmtw.com/money/7611482/detail.html#

/snip/

Beginning Thursday, the redesigned $10 bill is being shipped by the Federal Reserve to banks.

The general public should begin seeing it in the next week or so, according to a top official with the Bureau of Engraving and Printing.

The new $10 bills feature shades of orange, yellow and red, joining the new versions of the $20 bills and $50 bills. The older notes will be valid currency for as long as they are in circulation.

There are no plans to colorize the $1 bill or the $5 bill.

[mallard]

45. Re: We TENeople ... ?

"We The People" seems to have gotten run over by a reminder that this is a Ten.

Roman "Ten" of course is a big X.

We the People are being looked away from by the president.

[0007]

11. Is their a picture of junior eating a banana on it?

[MindPilot]

12. That's the one that's worth $8.53?

All those "security features"...is there really that much of a problem with people conterfiting $10 bills?

[WePurrsevere]

13. Liberals are running the treasury? It sure wouldn't be neo-CONs reminding

folks that the US is "WE THE PEOPLE..."

[demosincebirth]

14. Is it worth anymore? Whats the big deal?

[Yavin4]

15. Wasn't Hamilton Shot and Killed by a Vice President During a Duel?

Man, the founding fathers were straight out gangsta back then.

[enlightenment]

18. Aaron Burr.

Hamilton had the first draw and deliberately shot wide (the gentlemanly thing to do.) Burr shot Hamilton in the chest/shoulder; a fatal wound.

[Hand]

21. Yep. and...

...as we've heard, VPs were fairly pacific types up until Crashcart blasted Whittington. Only the second vice-presidential shooting in history. It's called legacy. :rofl:

[enlightenment]

22. Um hmm. Birds of a feather.

Cuckoos.

(no insult to the bird intended).

edited because I can't spell.

[chaplainM]

23. And for bonus points

Who was vice president after Aaron Burr?

[Drum]

28. George Clinton!

http://www.senate.gov/artandhistory/history/common/generic/VP_George_Clinton.htm

[chaplainM]

32. DING! DING! DING!

From what I read, Mr. Clinton expected to be Jefferson's successor to the presidency, and was somewhat miffed that he was passed over for James Madison.

[Yavin4]

37. Hamilton Was a Dumbass

You gotta drop that punk. Yo! Cheney would have dropped him. :sarcasm:

[Drum]

20. Hamilton's the man who was most responsible for the US having

a federal treasury....

[Ignacio Upton]

24. And the Bank of the United States

Which was ultimately killed by Andrew Jackson (ironic, considering that someone who hated the American banking system would be featured on the $20 bill while Hamilton is also featured in the $10 bill.)

[Drum]

27. I know, right?

Ouch, having AJ bumped onto the next-higher bill...slap!

[mtnester]

16. And I am sure some 8th grader will make a passable forgery tomorrow

I saw the pictures of the new money this morning.

[MadHound]

17. I really wish that they would stop playing with the design of our money.

They keep saying that this is to prevent people from forging it, well, guess what, it isn't working anymore. The only people that they've stopped from forging are the small mom and pop setups. The big boys are still cranking out the funny money, and no design change will stop them. Why, because they have the high tech to continue to do so.

And pretty soon, all this hoopla is going to slide us right into either a complete electronic cash society(and that would be an absolutel nightmare) or the installation of RFID chips into each bill, thus facilitating the tracking of our cash. And even RFID chips won't prevent forgers from doing their business.

This is just more bullshit that allows the Bushco people to say "Look, we're doing something" when in reality they're doing very, very little.

[Maeve]

30. It also makes money for folks who update the cash machines

Any vending machines that take bills have to be recalibrated each time they change things (ooo, there's a research project! Who benefits and what are their ties to the Bushies?) That includes all the self-serve grocery check-out lines and all the machines at the post office.

Wonder how the cost of updating compares with any decrease in money lost to counterfeiting....

[Ediacara]

34. Slippery slope much?

Actually, I think it will lead either to polymer cash like they have in Australia and New Zealand, or overly ornate paper cash like they have in Switzerland.

As for your contention that "the big boys" aren't detered, the BEP and the secret service disagree.

[Name removed]

38. Deleted message

Message removed by moderator. Click here to review the message board rules.

[Hand]

47. Man...

That Swiss cash is FUGLY!!!

[Jack_DeLeon]

41. I agree, hell I think a little counterfeiting was probably good...

for our economy.

Since our money is essentially backed up by nothing, a few extra dollars here and there that got into circulation and just kept getting passed around probably actually helped our economy.

But all this, we need to change our bills, and stop counterfeiting has made people lose faith in the dollar and has taken money out of circulation.

[LibertyLover]

25. New $10 bill

Talk about toy money - about 2 and a half years ago my husband and I went to China to adopt our daughter. There were several fees that had to be paid in country and in brand new, mint condition US twenty dollar bills only. Just before we went over (and I mean about a week before) the new $20 came out. The day before our plane took off I went to our bank to get new money so we could pay the fees. Naturally I was given the new money. In Beijing using it wasn't a problem. The people we dealt with there knew about the new currency and took the new bills without a problem. But when we got to Wuhan, the provincial capital of Hubei, things got interesting. The largest fee yet to be paid was the $1,000 "gift" to the orphanage where our daughter had lived. It was in a small city about 4 hours drive from Wuhan and the director of the orphanage had come in person to Wuhan to deliver the 8 girls being adopted by our group and to collect his gifts. Well, we all paid him in the new money. He refused to accept it, saying it was fake. We explained that our currency had been redesigned and this was the newest new money available. He refused to accept it. We can hear our little ones down the hall playing and occasionally crying and we had caught a quick glimpse of them as we had arrived at the offices of the provincial children's authority. But we aren't getting anywhere with Mr. Director and we aren't getting anywhere near our children. The provincial authorities, who had been briefed about the currency design change ahead of time by our government liaison person, had to order him to accept the new money and release the children to us. This went on for only half an hour, but when you are waiting to hold your daughter in your arms for the first time, let me tell you, it seemed like it took forever. Next day we had to go back to the provincial offices to finalize the adoption paperwork and Mr. Director was there to say good-bye to the children. He was all smiles - he had taken the money to the bank who had confirmed it was good, so all's well that ends well.

[Drum]

29. I was going to Russia---

touring with a dance company---when the new US $100s were coming out, and folks in the former USSR were freaking out:
Lacking a stable currency amidst/after the devaluation of the ruble, people there had for a long time been doing their savings in the durable US bills---cash-in-the-mattress style. There was widespread alarm that their savings in the "old" $100s would be worthless.

[chaplainM]

33. "What a shame, Comrade"

"But, just because I like you so much, I'll pay you $20 for each of your worthless, obsolete old $100s."

[Drum]

35. heh heh...that didn't occur to me at the time....nt

[Jack_DeLeon]

40. So how much value with the dollar lose now...

I remember hearing how when the money was first started to be redesigned in the 90s that the redesign actually caused the dollar to lose money on the world markets just because people had less faith in it.

After all, since money is no longer backed by gold or silver, it is only worth what people believe it is worth.

[98geoduck]

42. You could buy 1.3 euro's with a dollar 6 years ago...down to .83

and falling. Money is all about faith.

[Jack_DeLeon]

43. Personally I'm gonna trade in some of my paper bills for some silver...

in the near future.

[Psephos]

48. Actually, it's more about interest rates

Interests rates have been held artificially low by the Fed for the past half-dozen years. They've risen some in the past year or so, and the value of the dollar has risen too. Foreigners find dollars attractive when bond purchases pay big interest, and not so attractive when they pay low interest.

Although there are pros and cons, I like having a low dollar. It inhibits consumer purchasing here a little, and makes U.S. exports more attractive in global markets, leading to higher employment.

Peace.

[DiverDave]

44. What a waste

All the money it costs to redesign and print, and to change the software so the machines will recognize it.
And it WILL be faked within days.

When we could have done IT RIGHT the first time...but that just ain't our style anymore.

God it just never ends...

[Psephos]

49. Counterfeiting is an arms race

The Treasury makes the bills tougher to copy, then the counterfeiters acquire better methods and technology.

The current plan is to update the bigger bills' designs every 5-7 years or so. The Treasurey *is* doing it right the first time. The problem is that the counterfeiters are getting better, and getting better faster.

Peace.

[Deus Irae]

50. If the feds were doing it right the first time...

They would learn from other countries (some examples given above) which make it virtually impossible to counterfit their notes.

They should put Reagan's face on the trillion dollar bill. To remind us all of the debt he caused.

[Psephos]

51. LOL about the Reagan note - but seriously, US currency is the big target

Other countries have less counterfeiting problems for the same reason there are few viruses for the Mac. I read extensively about the new Treasury designs (because I love this kind of stuff) and I came away impressed by the research and technology.

It takes roughly equivalent effort to duplicate (for instance) a Canadian note and a US note, but the demand for the US notes far outstrips that for the Canadians. So if you're a counterfeiter, which are you going to concentrate on?

There's a reason North Korea chose to make counterfeiting US currency a national industry instead of, for example, European Union currency, and it's not because the Euros are so hard to copy.

Peace.

[Deus Irae]

52. Sorry Psephos...

You missed the point I was trying to make, so I'll try again. If our government wanted to come up with bills that were hard to counterfit, they need to learn from other countries, such as Australia. It's irrelevent that nobody cares much about counterfitting Australian notes, the point is that they're harder to counterfit.
What exactly impressed you about the "research and technology" that went into designing these new US notes?

About EU notes - I'm no expert, but I've seen quite a few, and to my un-expert eye, they look harder to counterfit that any US bill. Just look at this 10 Euro below. They have a shiny, silvery-foil type strip down the side, which I would guess would be hard to duplicate.



edited by the typo nazis