OT: new dollar bill

[Joe keane]

When are they going to update it to match the others?

[M-M]

In article <mb7stu$e90$1...@reader1.panix.com>, Joe keane <j...@panix.com>
wrote:

> When are they going to update it to match the others?
>

Reminds me of the riddle my uncle used to ask:

"Would you rather have an old ten-dollar bill or a new one?"

(an old ten of course)!

--
m-m
http://www.mhmyers.com

[cb]

Right after they update the $2. :-)

Which means, maybe never.

[Ken Barr]

In article <mb7stu$e90$1...@reader1.panix.com>, j...@panix.com (Joe keane)
wrote:

> When are they going to update it to match the others?

Probably never ... the costs of the anti-counterfeiting devices used on
the higher denomination bills probably far outweigh the amount of money
lost due to counterfeit singles ... (When was the last time a headline
read "Secret Service Seizes $10M in Counterfeit $1's"??)

--
Ken Barr Numismatics        email:  k...@kenbarr.com
P. O. Box 32541             website:  http://www.kenbarr.com
San Jose, CA  95152     Coins, currency, exonumia, souvenir cards, etc.
408-272-3247   NEXT SHOW: FUN Orlando 01/08-11/15 (no table)

[oly...@aol.com]

Congress has specifically told the BEP NOT TO SCREW WITH the one dollar bill:

http://www.coinworld.com/insights/bep-has-no-plans-to-redesign-dollar-bill-with-anti-counterfeitin.html

Oly

[cletusv...@gmail.com]

On Sunday, February 8, 2015 at 9:47:29 AM UTC-5, Joe keane wrote:
> When are they going to update it to match the others?

Well, with the next currency redesign, there ARE plans to redesign the "$2" bill at least, but not the $1 bill. (A court ruling stated that the BEP must redesign every denomination it is able to "legally" alter, which leaves out the $1 bill, but not the $2 bill, not to mention, I had it confirmed to me by the BEP itself that the $2 bill will be redesigned the next time around) I wish that the vending industry would just give it a rest, and allow a $1 bill redesign, however, there is a group the "Dollar Coin Alliance" that claims that the end of the $1 bill is near, and maybe 10 years down the line from the $1 bill's demise (if it ever happens) there might be a U.S. $2 coin to replace the $2 bill, if the $2 bill takes off first, as many public opinion polls have suggested it would.

What I don't understand is, why didn't they issue redesigned Kennedy halves starting in 2014 with 2014 being the 50th anniversary of the Kennedy Half (1964-2014) even though the half is currently only minted for collector purposes, until the Fed runs out of circulation purpose halves, and it its stated that, when that does happen, the U.S. Min will strike more circulation purpose halves.

We also need a dime redesign already.