Will Green be the last color?

Discussion in 'Paper Money' started by Endeavor, Aug 16, 2014.

  1. Endeavor

    Endeavor Well-Known Member

    We've seen yellow, red, blue and most recently green seals. Do you think US paper money will die with the green seal? Or do you think another color is in the cards?
     
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  3. Ed Sims

    Ed Sims Well-Known Member

    If you were to research why currency had a yellow, red or blue seal you would know why the green seal will probably never change.

    Yellow - notes redeemable for gold coin, also on currency used by military forces in North Africa during WWII
    Blue - Silver certificates, notes redeemable for silver coin
    Red - U. S. Notes (Legal tender notes)
    Brown - Currency for use in Hawaii during 1942 also has the Hawaii overprint
    Green - Federal Reserve Notes
     
  4. jlogan

    jlogan Well-Known Member

    hopefully someday we will abolish the fed, then we wont have green seal currency anymore (blue seal would be nice...)
     
  5. Endeavor

    Endeavor Well-Known Member

    Ed, I am aware of the history and differences behind the different colors. That still doesn't answer my question.
     
  6. Endeavor

    Endeavor Well-Known Member

    Thank you for the reply and for understanding the question!
     
    jlogan likes this.
  7. jlogan

    jlogan Well-Known Member

    brown was also used for national currency
     
  8. Endeavor

    Endeavor Well-Known Member

    Maybe some day the BEP will make pink seals (not for circulation, collectors only) to raise money for breat cancer awareness?? Or something like that.

    EDIT: I know this would be gimmicky as hell, but lets face it, if there's a buck to be made I wouldn't put it past them. Just look at the direction of the US Mint.
     
    Last edited: Aug 16, 2014
  9. saltysam-1

    saltysam-1 Junior Member

    If you abolish the Fed, then the black Federal Reserve Seal would go. The green seal belongs to the Treasury Department, it would probably stay. If you are referring to the entire Federal Government as the Fed, which would include the Treasury, then the entire governing body of the United States would cease to exist. All paper currency would be controlled by the replacement government.
     
    Last edited: Aug 16, 2014
  10. jlogan

    jlogan Well-Known Member

    we should go back to the silver standard. have $2, $5, $10, $20, $50, $100 and $500 bills with blue seals. the $2 bill would be redeemable for 1/10 ounce, the $5 bill would be redeemable for 1/4 ounce, the $10 bill would be redeemable for 1/2 ounce, the $20 bill would be redeemable for 1 ounce, and so on. no more fiat crap, no more inflation :D. unfortunately, current politicians don't have that much common sense.


    coin--------silver content----------bill-------bill portrait---------coin design
    5c------------- N/A ------------------None ---------N/A --------------Buffalo nickel
    10c------------ .005 oz.------------- None --------N/A --------------- mercury dime
    25c ----------- .013 oz. ------------ None -------- N/A -------------- seated liberty
    50c------------ .025 oz ------------- None -------- N/A -------------- Peace $
    $1------------- .05 oz -------------- None -------- N/A ------------- Morgan dollar
    $2 ------------ .1 oz -----------------$2 ---------- Jefferson -------- indian head cent
    $5 ------------ .25 oz --------------- $5 ---------- Lincoln ---------- indian head $2.5/5
    $10 ----------- .5 oz ---------------- $10 --------- Hamilton ------- St. Gaudens $20
    $20 (ASE)...... 1 oz. ----------------$20 --------- Washington ---- Walking liberty
    2x $20 1x $10- 2.5 oz. -------------$50 --------- Grant ------------ N/A
    5x $20 ---------5 oz. ----------------$100 -------- Franklin --------- N/A
    25x $20 --------25 oz. --------------$500 -------- Reagan ---------- N/A

    the 5c - $1 coins would be the same size as current coins, but with lower silver content.
    I know it will never happen, just an idea.
     
  11. jlogan

    jlogan Well-Known Member

    green is the color of federal reserve notes. we can replace the black seal with a large gray number, like on old bills
     
  12. saltysam-1

    saltysam-1 Junior Member

    True, but the question asked was about the color of the seal not the color of the notes.
     
  13. Ed Sims

    Ed Sims Well-Known Member

  14. jlogan

    jlogan Well-Known Member

    right. the seal/serial number color used on all federal reserve notes to distinguish them from other currency in circulation from the 1920's - 1960's is green.
     
  15. Searcher64

    Searcher64 Member

    ================================================
    You had "Brown" seals too. The 1929 series of National Bank Notes and Federal Reserve Bank Notes.
    The 1928 "Gold Notes" had gold color and the North Africa were yellow.
    In the Federal Reserve Notes [Green Seals] you have the dark and the light green. Even today, some [FRN] of them are very much darker then others.
    green green It's hard to get the exact color
    I do not see any changes in the near future. The only way will be if they cannot stop counterfeiting the currency. The only great change is to go to currency like the Australian, British, and the Canada have [Plastic type].

    ================================================
    Yellow - notes redeemable for gold coin, also on currency used by military forces in North Africa during WWII
    Blue - Silver certificates, notes redeemable for silver coin
    Red - U. S. Notes (Legal tender notes)
    Brown - Currency for use in Hawaii during 1942 also has the Hawaii overprint
    Green - Federal Reserve Notes[/QUOTE]
     
    Last edited: Aug 18, 2014
  16. desertgem

    desertgem Senior Errer Collecktor Supporter

    Perhaps you noticed that several posts are missing. Perhaps you also did not notice Peter's post on staying on topic or else. this is or else. No infractions this time, but learn and stay.
     
  17. funkee

    funkee Tender, Legal

    The posts were not creating conflict or grossly off topic.
     
  18. RickieB

    RickieB Expert Plunger Sniper

    Well in my humble opinion I feel that what has taken place in previous generations of currency production, mandated by law (Act of Congress) and will continue to be so regulated, we will see change. We are no longer on the Gold Standard and those Inks used for Gold and Silver Certs are now obsolete..as well as all other colors like Red for Legal Tenders, Brown for F.R. Bank Notes and all other inks of days gone by.
    With the Fed Reserve System well planted and steaming right along at full bore..I feel the Green seal on the $1 Note will not change, however, it is evident that the US is looking into different measures for anti-counterfeiting as with current production colorized notes of $5, $10, $20, $50 and $100.
    We very well may see additional colors, strips, inks, papers and even polymers in the decades ahead...everything changes with time, currency is no different than anything else. The crooks get smarter, bolder and have equaling equipment...to stay 1 step ahead, change must occur. [​IMG]
     
    Last edited: Aug 19, 2014
  19. funkee

    funkee Tender, Legal

    As long as unethical people and greed exist, we will see counterfeiting. I hope our currency doesn't go polymer, but I think it eventually will. When the economic harm of counterfeiting outweighs the added cost of redesigning currency, we will see changes to our money and new anti counterfeiting measures.
     
  20. ejs54

    ejs54 New Member

    We'll find out within the next 6 years with the new $10 which is supposed to be identifiable by touch. My guess is that it will be an even piece of polymer with it being thicker/ gooped up in a smaller area to identify the denomination. I sure hope diameter isn't the deciding factor.
     
  21. rugrats2001

    rugrats2001 Seeker of Truth

    Some of the respondents seem to have forgotten that federal reserve notes originally were issued with red seals, then changed to blue seals, only becoming green with the conversion to smaller size. IMHO, as long as paper notes continue to be issued, green seals will be the norm, due to a desire to maintain some type of link with the era when the dollar was seen as a storehouse of value, not just a medium of exchange.
     
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