Top Document: Paper Money Collecting FAQ Previous Document: 2.12) What is a watermark? Next Document: 3.2) What is a National Banknote? See reader questions & answers on this topic! - Help others by sharing your knowledge Some of it has already changed. The series 1990 (and 1993) 10, 20, 50, and 100 dollar notes have had two major security features added. Each has a plastic security thread/ribbon running vertically through the note with writing such as "USA TEN", "USA TWENTY", "USA 100". Also, around the portrait is very very small lettering called microprinting that spells out "The United States of America", which supposedly can't be copied by color copiers (which is not entirely true). The BEP released a completely overhauled 100 dollar note in April 1996. The portrait was enlarged and moved over to the side, a watermark was added, and several new anti-counterfeiting features were added such as color shifting ink (it's dark green when viewed directly head on and black when tilted) and concentric circle printing on the reverse, so that attempts at photocopying the note will result in odd patterns appearing in the copy. The general opinion among collectors is that the new $100 is ugly and has less than ideal quality printing. Following the 100 dollar note, a new 50 dollar note is planned to be released in 1997, a new 20 dollar note in 1998, and so forth all the way down to a new 1 dollar note in 2001. The current style notes will remain legal tender (see section 3.11). But since the average U.S. note lasts 18 months in circulation, it won't take long for the older notes to disappear from circulation. Thus, it will be harder to pass counterfeit older style notes as they will attract too much attention. Of course this *doesn't* mean that the current notes will become even the least bit rare. The old common Silver Certificates that went out of circulation decades ago are still worthless as investments. So don't hold your breath waiting for 1988, 1990, 1993, etc. notes to increase in value. User Contributions:Top Document: Paper Money Collecting FAQ Previous Document: 2.12) What is a watermark? Next Document: 3.2) What is a National Banknote? Single Page [ Usenet FAQs | Web FAQs | Documents | RFC Index ] Send corrections/additions to the FAQ Maintainer: Bruce Giese <giesewpm@tiac.net>
Last Update March 27 2014 @ 02:11 PM
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