Should the U.S. $1 Bill be redesigned with security features?

Okay,

I didn't know where to put this post, because it also invloves U.S. dollar coins. I have been reading that there were worries about counterfeiting of U.S. dollar coins rising if the $1 bill were taken out of circulation. If this is true, then why hasn't the U.S. government redesigned the $1 or $2 bills , so far? Aren't bills easier to counterfeit than coins? And since people rarely check $1 bills and sometimes do not check $2 bills, why are these two forms of U.S. currency so rarely counterfeited? Also, would a counterfeiter make money if they bleached $1 bills and started printing $2 bills on the genuine currency paper, which would evade the pen test? I just don't see why many small-time counterfeiters have not thought of this. Or maybe they have, and we just don't know. I really believe that the redesigned $2 bill that is coming out with the next currency redesign should have a watermark or two, and a security thread that glows a certain color under ultraviolet light, likewise, even if they do not "redesign" the $1 bill, that denomination should also have a watermark and security thread somewhere. I remember when I was a kid, I read in a Coin World magazine that they were talking about adding a security thread to the $1 bill, so I only naturally assumed that they would add one to the $2 bill as well, the next time they printed more, because I thought that would make sense.


But anyway, to ask again about the title of this topic, shouldn't the U.S. $1 and $2 bills be given security features and shouldn't the $1 bill be redesigned along with the $2-$100 bills in the next currency redesign, especially, if the U.S. government is worried about counterfeit dollar COINS? I mean, wouldn't $1 and $2 bills be easier to counterfeit than any U.S. coin?

Oh, and one other thing I remember them talking about, years ago, about wanting to give the new golden colored dollar coins a different magnetic signature from all other coins including the Susan B. Anthony coins, due to the fact that the government was worried about people cutting down halves, and using them as dollars in vending machines. But I believe that the vending industry wanted to go the easiest route, and keep the same magnetic signature as the SBA dollar and dime, quarter, half, and Ike, to work just like the SBA dollar so that changes to their machines and costs would be minimal.

 

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not in this economy

 

The government has never stated a fear of counterfeit dollar coins.

 

I'd like to see your source for that tidbit of info. I find it hard to believe anyone ever "worried" about this. Not only is the composition of the coins different, but the thickness is also.

 

No they should not be redesigned, they should be discontinued.