No, I agree they do look much better then the old bills but I still think on the grand scheme of money in the world our money is still just so boring and old.
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Pink $20 bills... For Real!
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No, I agree they do look much better then the old bills but I still think on the grand scheme of money in the world our money is still just so boring and old.
By the way, the color is peach not pink. While Pink is a light red, peach is a light orange. Pink would have been ugly, peach looks much better.
Also, I'm still waiting for updated $1 bills. In my experience, about 30% of the $1s I get are counterfeit. I say that, because many are post 1995, and yet are missing the security strip inside. But really "Who would waste time counterfeiting a $1 bill, when they could do a $100?".
Also, the question about dollar coins, and strippers.... I have heard (from some friends) that they have seen coin slots on the floor where you drop the Dollar Coin, it registers on a screen for the woman to see and the she gets the "cash box" when she walks off stage. (I've never seen it or looked, but as I said friends share strange tales.)
TEG
Also, I'm still waiting for updated $1 bills. In my experience, about 30% of the $1s I get are counterfeit. I say that, because many are post 1995, and yet are missing the security strip inside. But really "Who would waste time counterfeiting a $1 bill, when they could do a $100?".
Also, the question about dollar coins, and strippers.... I have heard (from some friends) that they have seen coin slots on the floor where you drop the Dollar Coin, it registers on a screen for the woman to see and the she gets the "cash box" when she walks off stage. (I've never seen it or looked, but as I said friends share strange tales.)
TEG
Almost all european currencies had/have that and the Euro has it as well now. Different colors and different sizes I mean.
Euro-Design
groovebuster
After a buck's night last year I can say using little paper tickets
Buy 20 dollars worth with the drinks and use as needed.
Actually the security ribbon wasn't installed in all the denominations at the same time. The I believe the one dollar bill received it last and that was in 2000. It could have been sooner but strangely enough I can't find exact information on it. 20 dollar bills received the security ribbon first in 1996 and all the other bills received them between 1996 and 2000 that much I know for sure. Also if you look closely on one that has the ribbon missing and you know for sure it should have one say it was made after 2000 there is probably a tiny tear right where the ribbon should be. It's something that kids do. They tear the bill tiny bit right where the ribbon is and you can grab the ribbon and yank it out.
The problem with ditching the penny is that it would cost consumers a couple of billion dollars a year. With no pennies, stores have to round off their totals; do you think they're gonna round up or down?
More on topic, I think the new design is butt-ugly. Haven't liked it since they introduced it and the peach color ain't helpin' none. If they really want to modernize our cash they should redesign it from the ground up. And not hire the same microsoft engineers they did last time to do it!
More on topic, I think the new design is butt-ugly. Haven't liked it since they introduced it and the peach color ain't helpin' none. If they really want to modernize our cash they should redesign it from the ground up. And not hire the same microsoft engineers they did last time to do it!
that's why just introducing $1 coin alone is not as useful. if you had $2 and $5 coins, you can get any amount between $1 to $20 in less than 5 coins. (i think... $18 would require three 5's, one 2 and one 1.)
as for the pennies, it's time to stop posting prices without the sales tax. include the tax on all prices and round them up/down to the nearest 5 cents.
Originally posted by Thanatoast
The problem with ditching the penny is that it would cost consumers a couple of billion dollars a year. With no pennies, stores have to round off their totals; do you think they're gonna round up or down?
i think that will be a problem for only a short period of time at the beginning... besides, how much are we "losing" now by letting pennies sit in a jar, doing nothing?
changing the topic... i like the swiss money. very colorful and the size changes proportionally to the worth... (1,000 franc bill is the longest, 200 the second longest, etc.)
on a different matter, in japan, there are only three bills (10,000, 5000 and 1,000) . (2,000 bill was introduced but is not very widely used.)
Well it is possible that the bank gave me bad brand new $1 Bills but I doubt it, but there is NO security strip in it, and no tears. I have never seen a $1 Bill with the strip. Do us Midwesterners get second class $$$?
[edit: Can't Spell]
It certainly could be possible that they have never included the security strip in a $1 bill. When I was looking for information on them online I couldn't find anything about the $1 and the new security features. Also I seem to remember back in 1994 it being mentioned that the $1 wasn't going to get the update. Hmm, now I'm curious I'll have to start checking all my bills.
Don't bother I already checked all my $1 bills and none had the strips. Most of the others did except for some old ones.
The New $20 Bill
I have watched the commercials for the new money and frankly, I am disgusted and angry that my government would spend 33 MILLION dollars to advertise this 'new money' when our children are hungry and when our senior citizens have to go to Mexico to buy their prescription drugs (or do without).
Why on earth is it so important to advertise the fact that we have a new-colored 20-dollar bill? I do not understand why we spend money on something like this when we need the money for FAR MORE IMPORTANT THINGS!
Who ever thought of this idea to spend all this money on advertising should be fired from his or her job. This is absolutely the worst MIS-USE of my taxes I have ever seen; it ranks right up there with the clinical study of why frogs are GREEN (now that was another stupid expenditure!)
I can think of tons of other things to spend the money on, food for our poor, better health care, help for our teachers, and many other things FAR MORE IMPORTANT!
I ask you this- do you not think I would KNOW that there is a new $20 when I see it after I receive it as change at my local grocery store? What difference does it make to me what color my money is?
I understand that the change to the money is to discourage counterfeiting- but the average American is NOT a counterfeiter, and does NOT care what the money looks like, as long as it can be used to buy groceries, clothes, tires for the car, pay the mortgage and other necessities for life.
I think you'll find that there are millions of people that feel this way and are very upset that our government again found something STUPID to spend our tax dollars on.
I have watched the commercials for the new money and frankly, I am disgusted and angry that my government would spend 33 MILLION dollars to advertise this 'new money' when our children are hungry and when our senior citizens have to go to Mexico to buy their prescription drugs (or do without).
Why on earth is it so important to advertise the fact that we have a new-colored 20-dollar bill? I do not understand why we spend money on something like this when we need the money for FAR MORE IMPORTANT THINGS!
Who ever thought of this idea to spend all this money on advertising should be fired from his or her job. This is absolutely the worst MIS-USE of my taxes I have ever seen; it ranks right up there with the clinical study of why frogs are GREEN (now that was another stupid expenditure!)
I can think of tons of other things to spend the money on, food for our poor, better health care, help for our teachers, and many other things FAR MORE IMPORTANT!
I ask you this- do you not think I would KNOW that there is a new $20 when I see it after I receive it as change at my local grocery store? What difference does it make to me what color my money is?
I understand that the change to the money is to discourage counterfeiting- but the average American is NOT a counterfeiter, and does NOT care what the money looks like, as long as it can be used to buy groceries, clothes, tires for the car, pay the mortgage and other necessities for life.
I think you'll find that there are millions of people that feel this way and are very upset that our government again found something STUPID to spend our tax dollars on.
Re: The New $20 Bill
Well, actually, it is kind of important - since there have been quite a few people reporting that vendors have *not* been willing to accept the new 20s are real money.
The whole reason behind the advertising is just public awareness of the change in currency.
I still haven't seen one yet, though....
D
Well, actually, it is kind of important - since there have been quite a few people reporting that vendors have *not* been willing to accept the new 20s are real money.
The whole reason behind the advertising is just public awareness of the change in currency.
I still haven't seen one yet, though....
D
Re: Re: The New $20 Bill
Don't feel too bad about not seeing one yet. They are still one of the ugliest bills on the planet also in my opinion they totally screwed up the back side of the bill. There are little yellow number 20s floating all over the back side of the bill like a swarm of bees or something. What the hell were they thinking?
Originally posted by Mr. Anderson
Well, actually, it is kind of important - since there have been quite a few people reporting that vendors have *not* been willing to accept the new 20s are real money.
The whole reason behind the advertising is just public awareness of the change in currency.
I still haven't seen one yet, though....
D
Don't feel too bad about not seeing one yet. They are still one of the ugliest bills on the planet also in my opinion they totally screwed up the back side of the bill. There are little yellow number 20s floating all over the back side of the bill like a swarm of bees or something. What the hell were they thinking?
I haven't seen one of the new $20 bill yet either. I'm kind of disappointed.
Head a interesting news report this weekend. That alot of vending machines still won't accept the new bill. The problem is the upgrading of the chip in the machines. According to govenment reports that had worked with vendors giving them the information well ahead to time to upgrade the chips. They also sent them some fascimile of the bills for testing.
Head a interesting news report this weekend. That alot of vending machines still won't accept the new bill. The problem is the upgrading of the chip in the machines. According to govenment reports that had worked with vendors giving them the information well ahead to time to upgrade the chips. They also sent them some fascimile of the bills for testing.
What kind of facsimile could they use to test the machines? Wouldn't that imply that the government already has a way of counterfeiting the new bills?
1) It was announced sometime months ago the $1 coin program was being scrapped. Not enough adoption and poor public feedback. People just like $1 bills.
2) Really cool thng I noticed while sitting in a bar: The strips embedded in some bills reflect blacklight in different colors. The ten spot in my wallet glowed flourescent yellow (?) if I remember right, while the five dollar bill's strip was a different color.
3) Redesigning the currency to thwart conterfeiters will have no large impact as long as they don't invalidate the old currency. The counterfieter's just shrug their shoulders and keep printing their fake old-design bills!
The problem with invalidating the old currency is then you have to exchange all the currency in circulation by the deadline. And there's always people who are lazy and don't get it done, then complain when they missed the deadline (or worse, sue the federal treasury for invalidating their money).
2) Really cool thng I noticed while sitting in a bar: The strips embedded in some bills reflect blacklight in different colors. The ten spot in my wallet glowed flourescent yellow (?) if I remember right, while the five dollar bill's strip was a different color.
3) Redesigning the currency to thwart conterfeiters will have no large impact as long as they don't invalidate the old currency. The counterfieter's just shrug their shoulders and keep printing their fake old-design bills!
The problem with invalidating the old currency is then you have to exchange all the currency in circulation by the deadline. And there's always people who are lazy and don't get it done, then complain when they missed the deadline (or worse, sue the federal treasury for invalidating their money).
There is always a way to counterfeit.
It was like at coin toll bridges my uncles accidently threw in my _____ coin (I forget name it was like Chuck Cheese's) and the machine let us go through.
As a class project we made fake money, I 'researched' all the best ways to do such and I got a pretty damn good way of doing it. (Got an A for that project too)
It was close, if you look with a magnifying glass you can see the printing difference... but really if I was rich I could have done a better job...
Adding color will make it harder... but not *insanely* harder.
New $20
First off, I still say spending 33 million dollars to let businesses (and the consumer) know that there is a new $20 is totally outrageous, and a disgusting misuse of our taxes.
Maybe they could have just printed some flyers and posted them in the prisons and jails, where all the people who really need to know about the new $20 , actually live........(joke)
Second, someone above wrote about the money no longer being "good"- well, that is NOT TRUE. That is a rumor and our money whether old or new is valid, there is not a "deadline" - in fact there were some radio DJ's that pulled a prank about the money not being good after a certain date and they are in trouble over it. The old $20 will be eventually fazed out of CIRCULATION, but will always be good as currency, for good.
Found at: http://www.moneyfactory.com/newmoney/main.cfm/media/releases102003newyork
we want to emphasize that older-design $20 notes are still in circulation, and still maintain their value A genuine U.S. $20 bill whether it has the new background colors or the familiar green and black is legal tender, worth $20. It is important to remember that all bills are good, for good.
PS- We all should be able to see and get our hands on one of these bills!
"Treasury will flood the U.S. and overseas outlets with up to 900 million of the new notes next month, issuing only the new $20 through the end of October and withholding previously circulated $20s until November. The idea is to get consumers, businesses and money handlers accustomed to the pretty new note."
First off, I still say spending 33 million dollars to let businesses (and the consumer) know that there is a new $20 is totally outrageous, and a disgusting misuse of our taxes.
Maybe they could have just printed some flyers and posted them in the prisons and jails, where all the people who really need to know about the new $20 , actually live........(joke)
Second, someone above wrote about the money no longer being "good"- well, that is NOT TRUE. That is a rumor and our money whether old or new is valid, there is not a "deadline" - in fact there were some radio DJ's that pulled a prank about the money not being good after a certain date and they are in trouble over it. The old $20 will be eventually fazed out of CIRCULATION, but will always be good as currency, for good.
Found at: http://www.moneyfactory.com/newmoney/main.cfm/media/releases102003newyork
we want to emphasize that older-design $20 notes are still in circulation, and still maintain their value A genuine U.S. $20 bill whether it has the new background colors or the familiar green and black is legal tender, worth $20. It is important to remember that all bills are good, for good.
PS- We all should be able to see and get our hands on one of these bills!
"Treasury will flood the U.S. and overseas outlets with up to 900 million of the new notes next month, issuing only the new $20 through the end of October and withholding previously circulated $20s until November. The idea is to get consumers, businesses and money handlers accustomed to the pretty new note."
Re: New $20
First off I think we can all completely agree upon this so there's no need to post it twice. Also this is only a small example of wasted money by our government. Most of the time it wastes billions not millions. No this doesn't make it right I'm just giving an example. It's still atrocious.
Secondly no one said that the old money wasn't going to be valid anymore they stated that the only way to stop counterfeiting with the new money would be to make all the old money invalid. This will not happen of course for the obvious reasons that the same person gave when they made the statement you misinterpreted.
First off I think we can all completely agree upon this so there's no need to post it twice. Also this is only a small example of wasted money by our government. Most of the time it wastes billions not millions. No this doesn't make it right I'm just giving an example. It's still atrocious.
Secondly no one said that the old money wasn't going to be valid anymore they stated that the only way to stop counterfeiting with the new money would be to make all the old money invalid. This will not happen of course for the obvious reasons that the same person gave when they made the statement you misinterpreted.
One annoying thing about the new $20's is there tencancy to stick together when they come out of the ATM, my dad spent $20 on something and it turns out the he wasted $20 more because 2 bills were stuck togther, any one else have this happen?
The had that problem when they were playing around with the paper in the 90s, they even tried a glossier/slicker version of $1 to solve it -- which really stuck bad and made the ink chip off.
It'll be solved, they just have to play with the paper a bit.
Brand new bills always tend to do that. If you want to make sure you don't accidentally give two bills away do what professional money handlers do, crumple them before you count them. The wrinkles prevent them from clinging together.