The E-Sylum:  Volume 8, Number 51, December 4, 2005, Article 10

NEW U.S. $10 NOTES COMING MARCH SECOND

According to a December 2 press release from the
Bureau of Engraving and Printing Information Office,
"The U.S. Department of the Treasury and Federal
Reserve Board announced today that redesigned $10
notes will be issued beginning on March 2, 2006.
On this day of issue, Federal Reserve banks will
begin distributing the new notes to the public
through commercial banks.

The notes will begin circulating immediately in
the United States, and then be introduced in other
countries in the days and weeks following, as
international banks place orders for $10 notes
from the Federal Reserve."

"If you would like to learn more about today's
announcement and new U.S. currency designs,
please visit www.moneyfactory.gov/newmoney.

[The following is from a lengthier press rerlease
On the BEP web site.  -Editor]

"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.

"As always, you don't have to trade in your old
$10 notes for new ones. Both new notes and old
notes maintain their full face value," said Federal
Reserve Board Assistant Director of Reserve Bank
Operations and Payment Systems Michael Lambert."

" "We expect to update currency every seven to
ten years in order to stay ahead of the latest
digital technology available to would-be
counterfeiters," said BEP Director Tom Ferguson.
"Each time we introduce a redesigned note into
circulation, our objective is its seamless transition
into daily commerce, both in the United States
and around the world."

To read the full press release, see: Full Story

  Wayne Homren, Editor

	coinbooks.org Web

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