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The E-Sylum: Volume 8, Number 42, October 2, 2005, Article 11 BEP ANNOUNCES NEW $10 BILL DESIGN The U.S. Bureau of Engraving and Printing unveiled the newly designed $10 Note on September 28, 2005. From the BEP web site: "The U.S. government unveiled a new, more secure design for the $10 note that will enter circulation in early 2006. Highlighted by images of the Statue of Liberty's torch and the words "We the People" from the U.S. Constitution, the new $10 note incorporates easy-to-use security features for people to check their money and subtle background colors in shades of orange, yellow and red. New money designs are being issued as part of an ongoing effort to stay ahead of counterfeiting, and to protect the economy and the hard-earned money of U.S. currency users. The new series began with the introduction of the $20 note on October 9, 2003, and continued with the $50 note issued on September 28, 2004." See image of the new bill on the BEP web site: New Money New 10 Face 10 Back 10 The Courier-Journal of Louisville, KY published an article on September 30th about an executive from the Louisville office of the Federal Reserve Bank who did some "man-in-the-street" interviews soliciting public comments about the new bills. "U.S. currency is a symbol of the nation's economic stability, so "it's important that people be comfortable with it," said Maria G. Hampton, senior executive for the Louisville office of the Federal Reserve Bank of St. Louis. So she left her office on the 19th floor of the National City Tower yesterday to meet a few folks on Louisville sidewalks and show them the money. Some said it didn't matter much what their money looks like as long as it spends, but others had some very personal reactions to the new bill's design and symbolism. The first thing Jeanine Telfer noticed was the opening phrase from the U.S. Constitution, "We the people." It's in large print -- and in the document's 18th-century script -- behind the Treasury Department seal on the front of the bill. "It's really out there in pink," said Telfer, in town from New York City to interview for a job with a law firm. "It represents cohesiveness among the people. There's been a lot of things dividing the people lately." Touches of red, yellow and orange and the bill's design made a strong impression on research assistant David Jeffers of Corydon, Ind. Compared to the current version, "it's much more open," Jeffers said. "The colors are more energizing, too." Hampton said she was surprised by the details people noticed and that they knew the redesign is aimed at foiling counterfeiters. "I was impressed with the number of people who saw 'We the people,' " she said. "I was pleased that everyone was positive." To read the complete article, see: Full Story Wayne Homren, Editor The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.org. To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@coinlibrary.com To subscribe go to: https://my.binhost.com/lists/listinfo/esylum | |
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