A collecting forum. CollectingBanter

If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.

Go Back   Home » CollectingBanter forum » Collecting newsgroups » Coins
Site Map Home Register Authors List Search Today's Posts Mark Forums Read Web Partners

$1, $2, and $5 Bills NOT to be redesigned



 
 
Thread Tools Display Modes
  #11  
Old July 21st 04, 02:13 PM
note.boy
external usenet poster
 
Posts: n/a
Default

Why would those responsible for the design of US papermoney be concerned
about possible confusion outside the USA?

The lack of desire to change a long time established design would
probably be the main reason, no politician/goverment official wants to
go down in history as "the person who killed the greenback", or the one
cent coin it seems. Billy


JSTONE9352 wrote:

I'm not aware of any country except the USA that have different
denomination notes so similar in appearance and size.


I believe one reason for this is that
US currency circulates widely outside the US and a uniformity of
appearance makes it more acceptable and less confusing than
if there were a wide variety of designs and colors.

Ads
  #12  
Old July 21st 04, 02:32 PM
note.boy
external usenet poster
 
Posts: n/a
Default

Regular design changes are essential to attempt to be one step ahead of
the counterfeiters.

An unchanging design makes it easier for the counterfeiters, along with
lack of colour.

The Bank Of England always has someone with a lot of hair, on head or
chin or both, on their notes to make counterfeiting more difficult.

A bearded lady is yet to make an appearance however. Billy


JSTONE9352 wrote:


Why would those responsible for the design of US papermoney be concerned
about possible confusion outside the USA?


Because the govt. wants US currency to be easily recognizable
and accepted everywhere in the
world? When the new designs of
the $100 came out a few years ago
there was confusion in Russia for
awhile and rumors that the old notes
were not good anymore. I think they
would want to avoid these situations
if at all possible but then needed the new bills with improved
anti-counterfeiting measures.

  #13  
Old July 21st 04, 03:02 PM
Michael G. Koerner
external usenet poster
 
Posts: n/a
Default

JSTONE9352 wrote:

I'm not aware of any country except the USA that have different
denomination notes so similar in appearance and size.


I believe one reason for this is that
US currency circulates widely outside the US and a uniformity of
appearance makes it more acceptable and less confusing than
if there were a wide variety of designs and colors.


A BEP guy also said a couple of years ago (in a cable TV show on how
they operate) that the similarity of appearence is a counterfeit
deterrant in that it forces people to more closely examine a note the
determine its denomination than they otherwise would if they were all
different sizes/colours. During such examination, it would be more
likely that any flaws in the note would be seen.

--
___________________________________________ ____ _______________
Regards, | |\ ____
| | | | |\
Michael G. Koerner May they | | | | | | rise again!
Appleton, Wisconsin USA | | | | | |
___________________________________________ | | | | | | _______________
  #14  
Old July 21st 04, 04:17 PM
note.boy
external usenet poster
 
Posts: n/a
Default

As USA papermoney is the most commonly counterfeited papermoney, on an
industrial scale, the BEP man was talking nonsense, the Northern Korean
government make USA notes identical to the real thing.

This information was in a recent TV programme in the UK that I watched,
it was mention recently by Ian.

The BEP are in a minority of one as "all" other countries frequently
change note design to help foil counterfeiters.

The identical size, lack of colour, poor quality printing and low grade
paper make the counterfeiting of USA notes a lot easier that it should
be.

The BEP are doing a very bad job. Billy


"Michael G. Koerner" wrote:

JSTONE9352 wrote:

I'm not aware of any country except the USA that have different
denomination notes so similar in appearance and size.


I believe one reason for this is that
US currency circulates widely outside the US and a uniformity of
appearance makes it more acceptable and less confusing than
if there were a wide variety of designs and colors.


A BEP guy also said a couple of years ago (in a cable TV show on how
they operate) that the similarity of appearence is a counterfeit
deterrant in that it forces people to more closely examine a note the
determine its denomination than they otherwise would if they were all
different sizes/colours. During such examination, it would be more
likely that any flaws in the note would be seen.

--
___________________________________________ ____ _______________
Regards, | |\ ____
| | | | |\
Michael G. Koerner May they | | | | | | rise again!
Appleton, Wisconsin USA | | | | | |
___________________________________________ | | | | | | _______________

  #15  
Old July 21st 04, 04:48 PM
Fred Shecter
external usenet poster
 
Posts: n/a
Default

All thanks to the buddies of the Crane Paper Co. (The Senators from MA).

Of course, that's just my opinion......

-Fred Shecter

--
"""Remove "zorch" from address (2 places) to reply.
"note.boy" wrote in message
...
As USA papermoney is the most commonly counterfeited papermoney, on an
industrial scale, the BEP man was talking nonsense, the Northern Korean
government make USA notes identical to the real thing.

This information was in a recent TV programme in the UK that I watched,
it was mention recently by Ian.

The BEP are in a minority of one as "all" other countries frequently
change note design to help foil counterfeiters.

The identical size, lack of colour, poor quality printing and low grade
paper make the counterfeiting of USA notes a lot easier that it should
be.

The BEP are doing a very bad job. Billy


"Michael G. Koerner" wrote:

JSTONE9352 wrote:

I'm not aware of any country except the USA that have different
denomination notes so similar in appearance and size.


I believe one reason for this is that
US currency circulates widely outside the US and a uniformity of
appearance makes it more acceptable and less confusing than
if there were a wide variety of designs and colors.


A BEP guy also said a couple of years ago (in a cable TV show on how
they operate) that the similarity of appearence is a counterfeit
deterrant in that it forces people to more closely examine a note the
determine its denomination than they otherwise would if they were all
different sizes/colours. During such examination, it would be more
likely that any flaws in the note would be seen.

--
___________________________________________ ____ _______________
Regards, | |\ ____
| | | | |\
Michael G. Koerner May they | | | | | | rise again!
Appleton, Wisconsin USA | | | | | |
___________________________________________ | | | | | | _______________


  #16  
Old July 21st 04, 08:34 PM
Doug Freyburger
external usenet poster
 
Posts: n/a
Default

Malanutt 4 Life wrote:

This will be stupid in my opinion having three different
designs of curculating currency.


There are potentially a lot more than 3. Every bill ever
issued by the BEP is legal tender subject to circulation.
At any one time there's only one design per denomination
but the number of designs in circulation is determined
purely by wear.

Because all prior designs are legal tender and older
designs are more easily counterfeited, this creates a
loophole in currency laws. I think old bills should be
demonetized after some period to counter this. Keep
whatever samples you like for collection purposes but
they should stop being legal tender after some number of
years.

At very least all banks should be instructed to turn in
all old designs for destruction a few years after each
design change. I still see a few of the small-head 20s
in circulation now and then.
  #17  
Old July 21st 04, 09:02 PM
Nick Cassaro
external usenet poster
 
Posts: n/a
Default

They are all high colourful which is a lot better than green or green or
green.


Every country in the world has colored notes, the US was the *last* to
hold out. That's one of the reasons the dollar has such a long, solid
history. It was only when Clinton's goons started fooling around with
our money that the Euro started to take precedence (then again, maybe
that's what Clinton *wanted* when he heard about the Euro debuting.)
  #18  
Old July 21st 04, 11:35 PM
Jorg Lueke
external usenet poster
 
Posts: n/a
Default

On 21 Jul 2004 13:02:16 -0700, Nick Cassaro wrote:

They are all high colourful which is a lot better than green or green or
green.


Every country in the world has colored notes, the US was the *last* to
hold out. That's one of the reasons the dollar has such a long, solid
history. It was only when Clinton's goons started fooling around with
our money that the Euro started to take precedence (then again, maybe
that's what Clinton *wanted* when he heard about the Euro debuting.)


Insightful

  #20  
Old July 22nd 04, 01:39 AM
Bruce Remick
external usenet poster
 
Posts: n/a
Default


"Jorg Lueke" wrote in message
news
On 21 Jul 2004 13:02:16 -0700, Nick Cassaro wrote:

They are all high colourful which is a lot better than green or green

or
green.


Every country in the world has colored notes, the US was the *last* to
hold out. That's one of the reasons the dollar has such a long, solid
history. It was only when Clinton's goons started fooling around with
our money that the Euro started to take precedence (then again, maybe
that's what Clinton *wanted* when he heard about the Euro debuting.)


Insightful


or Enciteful

Bruce


 




Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Redesigned $1 Bill? Malanutt 4 Life Coins 18 July 22nd 04 01:31 AM
Can't get $2s Malanutt 4 Life Coins 10 January 14th 04 09:53 PM
$2 Bills (What went wrong?) Malanutt 4 Life Coins 27 November 3rd 03 07:24 PM
New $5 and $10 Bills? Malanutt 4 Life Coins 5 October 16th 03 01:46 AM
EURO BILL TRACKER REACHES 1 000 000 REGISTERED BILLS Geerts Coins 0 August 12th 03 02:00 PM


All times are GMT +1. The time now is 11:59 PM.


Powered by vBulletin® Version 3.6.4
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Copyright ©2004-2024 CollectingBanter.
The comments are property of their posters.