Series 2009 is now in circulation!

I just received a nice Xmas gift.A 1804 1/2 cent XF-40,with stems great details.

 

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If I go to the local Credit union they would probably have some new bills.
Dean 295

 

forgive me for asking this, but i know zero about bills, but why did they change it?

 

Good question. I really don't know exactly why they changed it, but here is my hypothesis:

I routinely get new notes from my bank's ATM from Federal Reserve districts other than my district (G-7 Chicago). With the highly centralized Federal Reserve System of today, the district designations do not matter as much anymore, so I think they de-emphasized them on the new notes.

 

There are new cabinet members to the Obama Admin.. Geitner and Rosa I think her name is..

A series date will change on a note when either a major design change is performed or new Sec of Treasury comes into office or other Treasurer.

RickieB

 

Not yet. The BEP tends to keep the wraps on the new designs until they're very nearly ready to go into circulation. We might even see several months' printings of the new $100's appear in the production reports before we ever find out the details of what they look like....

It was about 1983 that the Fed started allowing the BEP to ship new currency to any FRB, regardless of which FRB designation appears on the notes. That gives the BEP more flexibility regarding the printing schedule: Now they just have to make sure that they print the correct quantity of notes for each FRB on an annual basis, without worrying about the week-to-week details of which bank is going to run low on which denomination next....

 

Ok...lemme throw out a couple of caveats before making this post.

1. This is just RUMOR.
2. I do very little currency collecting so I don't even know if this is plausible...BUT,

At a New Year's Eve party, I met a guy that drives a forklift at the Washington BEP. He says that a bunch of the new $20 bills were released that are slightly larger than they're supposed to be and the BEP is quietly trying to collect them back up.

That's what I heard...take it for what it's worth...likely nothing. He couldn't tell me what "slightly" meant and I'm having a hard time understanding how this could happen in the first place. However, if I get some...I got a ruler handy.

 

It is my understanding that using a number identifier for the Federal Reserve District was too easily confused with the denomination of the note, so it was changed to a letter identifier.

 

thank you cc20gold and clayirving. i learned something new today! :smile

 

I had no idea that thare was a new series out.

 

I noticed this in a BEP publication I got recently.

 

What area have they been spotted? -O)

 

Question: I just bought a 1853 seated half (arrows) in vf plus cond. at my local coin store. What would be the fair price to pay?