New Currency

New currency

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There is a lot of new currency coming out and it is good to know about it. I found this very interesting and something I don't often think about.

America’s currency is a statement about who we are as a nation. Our modern money honors our history and celebrates our values. Building on tremendous feedback from Americans across our country about the theme of democracy, the Treasury Department will create new design concepts for the $20, $10, and $5 dollar notes.

The front of the new $20 will feature the portrait of Harriet Tubman, whose life was dedicated to fighting for liberty. The reverse of the new $20 will depict the White House and an image of President Andrew Jackson.

THE NEW $20 NOTE

The new $10 will celebrate the history of the women’s suffrage movement, and feature images of Lucretia Mott,Sojourner Truth, Susan B. Anthony,Elizabeth Cady Stanton, and Alice Paul, alongside the Treasury building. The front of the new $10 will retain the portrait of Alexander Hamilton.

The new $5 will honor historic events that occurred at the Lincoln Memorial in service of our democracy, and will feature Martin Luther King, Jr.,Marian Anderson, and Eleanor Roosevelt. The front of the new $5 will retain the portrait of President Lincoln.

$10 – State of Liberty’s Torch

The $10 note features the Statue of Liberty's torch. The Statue's official name represents her most important symbol "Liberty Enlightening the World."

$5 – Great Seal of the United States

The Great Seal of the United States was first used on the reverse of the $1 Silver Certificate in 1935. The Great Seal also appears on the one-dollar bill.

$20 – Eagle

The $20 note features a large blue eagle in the background. The bald eagle is the national bird of the United States of America.

$50 – American Flag

The $50 note features symbols of the American flag. Also known as the Stars and Stripes, the American flag has served as a symbol of this country since 1777.

$100 – Declaration of Independence

The $100 note features a quill, an ink well, and phrases from the Declaration of Independence. The Declaration of Independence is one of the foundational documents of this country.

What is the next theme?  An Era of Democracy

Over the last few years, Treasury staff has worked to identify potential themes reflective of the values of our current era. After historical research and reviews of previous designs and themes, democracy was chosen by Treasury Secretary Jack Lew as the theme for this next generation of currency.

FromWe the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defense, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America. t

he founding of the nat

Using this theme of democracy, we will be working to incorporate a higher level of artistry into our note designs. To see U.S. currency design at its finest, below are examples of Silver Certificates produced by the Bureau of Engraving and Printing that are still recognized as some of the most beautiful notes ever created in the United States.

CURRENCY REDESIGN

Redesigned $5 Note - 2006

A redesigned $5 note was issued on March 13, 2008. The redesigned $5 note retains two of the most important security features first introduced in the 1990s: the watermark and embedded security thread.

Redesigned $20 Note - 2003

Beginning with the redesigned $20 note in October 2003, Federal Reserve notes features subtle background colors of green, peach and blue, as well as images of the American eagle.

Redesigned $50 Note - 2004

The redesigned $50 note, issued September 28, 2004, features subtle background colors and highlights historical symbols of Americana. Specific to the $50 note are background colors of blue and red, and images of a waving American flag and a small metallic silver-blue star.

Redesigned $100 Note - 2013

On October 8, the Board of Governors of the Federal Reserve System issued the redesigned $100 note. Complete with advanced technology to combat counterfeiting, the new design for the $100 note includes a 3-D security ribbon and retains the traditional look of U.S. currency.g to make those id

Why The $10 Note?

The Advanced Counterfeit Deterrence (ACD) program, established in July 1982, aims to monitor and communicate counterfeit deterrence issues to the Secretary of the Treasury. The ACD’s focus is to stay ahead of counterfeiting, which is the primary driver for currency redesign. In June 2013, the ACD recommended to the Secretary of the Treasury that the $10 note should be the next redesigned note. When deliberating what denomination to redesign next, the ACD engaged in a detailed analysis consisting of a counterfeit threat assessment, the state of security feature development to counter such threats, production capabilities and complexities, relative use of various notes in transactional commerce, and impact on consumers and banknote equipment manufacturers. Following this analysis the $10 note was recommended.

The new $10 is also expected to include a tactile feature that will assist the blind and visually impaired in denominating currency. This note will include new accessibility features. In addition to the other steps we have taken – large, high-contrast numerals and the distribution of currency readers – tactile features will meaningfully improve access to currency for the blind and visually impaired community.eals a reality, have defined the THE NEW $20 NOTEcelebrate. 

The front of the new $20 will feature the portrait of Harriet Tubman, whose life was dedicated to fighting for liberty. The reverse of the new $20 will display The White House and an image of President Andrew Jackson.

The Story of the New $20 – Harriet Tubman

Harriet Tubman was born into slavery. After she escaped, she became a conductor on the Underground Railroad, helping slaves escape to freedom.

During the Civil War, she was active in the Union cause, serving as a nurse, a cook, and a scout, gathering intelligence.

Looking back on her life, Harriet Tubman said, “I would fight for liberty so long as my strength lasted.” After the war, she supported the cause of women’s suffrage and was active in suffragist organizations. She died in 1913 and was buried with military honors.

THE NEW $10 NOTE

The reverse of the $10 will honor the heroes of the women’s suffrage movement and depict the March of 1913, a march for women’s suffrage from the U.S. Capitol to the steps of the Treasury Department.

The Story of the New $10 – Women’s Suffrage

Treasury’s relationship with the suffrage movement dates to the Women’s Suffrage Parade of 1913 when thousands marched down Pennsylvania Avenue from the U.S. Capitol to the Treasury Department in Washington, DC. On the steps of the Treasury Building, the marchers demanded an amendment to the Constitution enfranchising women. The new $10 will honor the 1913 march and the leaders of the suffrage movement—Susan B. Anthony, Alice Paul, Sojourner Truth, Elizabeth Cady Stanton and Lucretia Mott—who were instrumental in the passage of the 19th Amendment.

The front of the $10 will continue to feature Alexander Hamilton, our nation’s first Treasury Secretary and the architect of our economic system.

THE NEW $5 NOTE

The reverse of the new $5 will highlight the historic events that occurred at the Lincoln Memorial and will include images of Marian Anderson, Eleanor Roosevelt and Martin Luther King Jr. The front of the new $5 will retain President Lincoln’s portrait.

The Story of the New $5 – Historic Events at the Lincoln Memorial

In the Gettysburg Address, President Abraham Lincoln called for a “new birth of freedom,” urging Americans to do their part to complete, the “unfinished work” ahead.

The Lincoln Memorial has long served as a place where people gathered to complete that unfinished work.

In 1939—at a time when concert halls were still segregated—world renowned Opera singer Marian Anderson helped advance civil rights when, with the support of First Lady Eleanor Roosevelt, she performed at the Lincoln Memorial in front of 75,000 people.

And in 1963, Martin Luther King, Jr. delivered his historic “I Have a Dream” speech at the same monument in front of hundreds of thousands.

WHO IS INVOLVED?

The Secretary of the Treasury makes the final decision on currency design as established by the Second Legal Tender Act of July 11, 1862 and 12 U.S.C. 418. There are two areas of focus in the process: Technical and Aesthetic.

Technical: The interagency group, known as the Advanced Counterfeit Deterrence Steering Committee, conducts the due diligence for security features that can be used to deter counterfeiting. The ACD consists of representatives from:

Department of the Treasury

Board of Governors of the Federal Reserve System

United States Secret Service

Bureau of Engraving and Printing 

Federal Reserve System's Cash Product Office

An effective counterfeit deterrence program is dependent upon a secure design, law enforcement, and an effective public education program.

Aesthetic: The Secretary of the Treasury can provide feedback for currency design at any time. Historically, the Secretary has relied on the Bureau of Engraving and Printing (BEP) to provide the context for themes, symbols, and concepts to be used not just on currency but for all products produced by the BEP.

How is a new design selected?

As the Secretary of the Treasury considers criteria such as security features and aesthetics, other considerations for this generation of currency include:

Accessibility: Providing “meaningful access” or a way for the blind and visually impaired community to determine the denomination of notes. e.g. a tactile feature and large high contrast numeral

Thematic Representation: Maintaining familiar aesthetic characteristics that identify a note as American currency, but update themes and concepts to reflect our inclusive democracy.

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