New 10-Spot hits the streets today...

Discussion in 'Community Discussion' started by iGary, Mar 2, 2006.

  1. iGary Guest

    iGary

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    #1
    [​IMG]

    NEW YORK (CNNMoney.com) - The new $10 bill starts to circulate Thursday, as the third more colorful bill designed to thwart counterfeiters is rolled out.

    The new bill has color-shifted ink that changes the color of the numeral "10" in the lower right-hand corner from copper to green as the bill is tilted, and has a subtle background in shades of orange, yellow and red.

    Alexander Hamilton's image adorns the new $10 bill
    One of the most noticeable design changes is the portrait of Alexander Hamilton, the nation's first treasury secretary. While Hamilton's likeness is the same, it is no longer surrounded by an oval as on the old bill.

    As is always the case with new currency introductions, the old cash can still be used. But the U.S. Bureau of Engraving and Printing is rolling out the new currency in order to make counterfeiting more difficult.

    "The intention was not to create a counterfeit-proof note -- which is basically impossible -- but one that's harder to duplicate and easier to authenticate," said Eric Zahren, spokesman for the Secret Service, when the new design was unveiled in September. The Secret Service is in charge of combating counterfeiting.

    "The new designs have definitely improved upon our efforts in detection and enforcement," he said. "Ten years ago, one percent of (counterfeit) bills were produced on digital equipment. These days, 56 percent are produced on digital equipment, and the technology is more accessible to the general population."

    The new series began with the introduction of the $20 bill on October 9, 2003, and continued with the $50 bill issued on September 28, 2004.

    The government currently has no plans to redesign the $5, $2 or $1 bills.
     
  2. devilot Moderator emeritus

    devilot

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    #2
    Wow. I really like the way it looks. :eek: Watch a million people respond saying how ugly it is. I like busy looking bills. Gives me something to look at while I wait for cashiers/employees to take it away.

    And where's our financial/economist woman?! Katie? Where are you?!
     
  3. mfacey macrumors 65816

    mfacey

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    I still think dollars are the coolest looking currency in the world. Its a lot better than our euro "monopoly" bills!
     
  4. zap2 macrumors 604

    zap2

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    i like the US dollar because they are bigger, at least the seem it
     
  5. mfacey macrumors 65816

    mfacey

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    #5
    Well actually that's the one thing that annoys me about dollars. They're all the same size.
    Euro's are more clever in that respect. The greater the value of the bill the larger the bill gets. This makes them very easy to distinguish. So the 500 euro bill is quite huge and doesn't fit in most wallets. As a matter of fact the 50 euro bill is already so big that it doesn't fit in my wallet that I bought in the US.

    Here's a good site for those that haven't seen them!
    http://www2.ignatius.edu/faculty/turner/EuroGuide.pdf
     
  6. devilot Moderator emeritus

    devilot

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    #6
    That kills me. I hate how US dollar bills are so long. I like their width (seem narrower than the other bill currencies I've seen) but if they were an inch or two shorter, they'd fit in a lot more compact and sleek wallets. :p
     
  7. Spectrum macrumors 6502a

    Spectrum

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    #7
    No way. Pounds!

    God save the Queen and all that :D ;)
     
  8. jsw Moderator emeritus

    jsw

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    #8
    Good thing we're not concerned about possible euphemisms in that quote. ;)

    I too wish the bills were smaller, and I do like the fact that bills in other currencies are distinguishable by size - helpful for the blind, among others.
     
  9. iGary thread starter Guest

    iGary

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    Thank God we don't have the British pound coin - that thing is gargantuan. Get four or five in your pocket and you're carrying a real load.
     
  10. mfacey macrumors 65816

    mfacey

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    #10
    Smaller tends to be better, yes, until they get to extremes like the size of our 5 euro bill which measures 120x62mm (4.72x2.44 inches). That's getting a bit too much like monopoly for my liking!
     
  11. gekko513 macrumors 603

    gekko513

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    #11
    I've never liked the look of the dollar bills and I still don't.
     
  12. rdowns Suspended

    rdowns

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    #12
    This is pathetic. All the rumors of cool new toys and all we get is a lousy new $10 bill. $10 bills are virtually worthless, even Dell gives you $20 bills in their low end stuff. Don't get me started on these fancy integrated graphics in the bill.
     
  13. jsw Moderator emeritus

    jsw

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    #13
    Not only that, but they're charging twice as much for the $10 bill as for the $5 bill, even though the additional ink just costs an extra $0.00002 per bill. Dell would have just charged $5.00005 for the $10 bill. And, even with all the graphics? Same performance.

    Thumbs down on this.
     
  14. Benjamindaines macrumors 68030

    Benjamindaines

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    #14
    LOL in that respect I hate them, but a piece of paper just doesn't seem like money to me and a coin does.
     
  15. 2nyRiggz macrumors 603

    2nyRiggz

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    #15
    I don't care how much color is in it....once i can spend it, have meaning in value then i'm all for it.


    Bless
     
  16. Sdashiki macrumors 68040

    Sdashiki

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    #16
    Um, if i was a counterfieter, I would just do $1 bills.

    yea it will take a long time, but no one cares about fake $1 bills.

    but 1000 $1 bills is $1000.
     
  17. iGary thread starter Guest

    iGary

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    #17
    Look, I'm a moneyophile, and I can tell you the $20 bill is crap, pure crap.

    If you want real money, this 10 is where it's at. They made it big for a reason, big spending requires big money.
     
  18. roland.g macrumors 603

    roland.g

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    #18
    hey iGary can you help me

    please check out my thread

    thanks
     
  19. miloblithe macrumors 68020

    miloblithe

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  20. jsw Moderator emeritus

    jsw

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    #20
    No way, man.

    The $20 packs twice the performance in the same size, and it does so even though it's been out there for years.

    Sure, the $10 looks pretty. But it's all flash and no muscle.
     
  21. WildCowboy Administrator/Editor

    WildCowboy

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    #21
    Hey iGary, can you post a picture of the backside of the bill so that I can print a couple of these babies out? I need a new iPod.
     
  22. Raid macrumors 68020

    Raid

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    #22
    Well this note looks a little busy. I hope the phrase "We the people" is a security mesure, because its behind a large font "TEN" and a federal reserve seal.

    Say what you want about our Canadian 'monopoly money' :rolleyes: but I like it better. Though I heard there have been some bad counterfits of the tens recently, and I think the security features on the Canadian ten would be even harder to copy! :eek:
     
  23. jruc4871 macrumors regular

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    #23
    LOL
    "They call us Aaron Burr from the way we're dropping Hamiltons"
     
  24. Benjamindaines macrumors 68030

    Benjamindaines

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    #24
    lol nice
     
  25. cycocelica macrumors 68000

    cycocelica

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    #25
    I really like the new 10. I like what America is doing with their currency. Give it some flava.:D
     

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