new 5

Discussion in 'Paper Money' started by jon67, Apr 18, 2008.

  1. jon67

    jon67 Loves Lincoln's

    i got these today in change and i thought it was weird they are both the same series

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  3. CamaroDMD

    CamaroDMD [Insert Clever Title]

    Yeah, that is weird...I'm not completely sure why they did that, but it has caused a lot of complaining among us collectors.

    The current Secretary of the Treasury went into office in 2006 which would have resulted in a change of signature and therefore a new date on the note. That explains the "white" note. I assume the colorized design was approved in 2006 and therefore carries the series 2006 date as well.

    But, it is kind of annoying.
     
  4. walterallen

    walterallen Coin Collector

    What actually can or must happen, besides the signature, for a bill to change the series date. Is there a list of things that include one or more or all to allow a series changes.

    What say you all?

    Allen
     
  5. CamaroDMD

    CamaroDMD [Insert Clever Title]

    My understanding is (and others chime in...I'm still new at this) that if there is a "major" change to a bill than a series date is changed. Since 1974, the change of secretary of the treasury is considered a major change while the change of the Treasurer of the US is a minor change resulting in a letter added to the end of the date...ex: 2003 to 2003A.

    An example of this I can think of is the addition of the motto "In God We Trust." Bills series 1950 and older didn't have this...but it was added in 1963 and that was a major change that caused the 1963 series.

    In 2006 the secretary of the treasury changed resulting in a major change and a series date change to 2006. In that same year, the colorized design was adopted...another major design change. Since both occurred in 2006, there are two 2006 series designs...I believe.

    Is that correct experts?
     
  6. Daggarjon

    Daggarjon Supporter**

    not to knock the OP, but the reason for this has been disccussed a few times on cointalk. i can never remember what (if any) the reason was as to why, but its here, somewhere in the threads :D
     
  7. jon67

    jon67 Loves Lincoln's


    no offense taken DJ, i just thought that a major design change such as that would also change the series lol. and yes i have read the other threads concerning this. well lol you can never understand the thinking of any of the powers that decide this stuff. lol which gives us collectors lots of things to collect. good day to all and keep on collecting.
     
  8. Daggarjon

    Daggarjon Supporter**

    Boy ... no truer words have even been spoken when the topic is the US govt. :D
     
  9. Cu101

    Cu101 Member

    I think they only change the date when both signatures change. If you notice in the lower right hand corner the old note has an A, and the newer note has a C They do that when only one signature changes.
     
  10. Numbers

    Numbers Senior Member

    Um...no. The A and the C are part of the plate position indicator, showing where these notes were located on their original sheets.

    Letters are sometimes added to the series designation--Series 2003A and 2004A notes of various denominations were the most recent examples--but those letters are found right by the series year, not off in another corner of the note.

    And for those letters, it's not a question of how many signatures change, but which. A new Secretary leads to a new series year; a new Treasurer leads to a new series letter but the same year.

    (And a total redesign certainly used to lead to a new series year too, but we've been over that umpteen times already....)
     
  11. Cu101

    Cu101 Member

    Thank you I stand corrected
     
  12. gangsta99

    gangsta99 Junior Member

    I got my uncut sheet of 4 of the new $5 today from the Treasury. Shocked that they were not damaged because whoever packaged it in the envelope within the mailing envelope kind of "missed". The folder with the $5s in it was only halfway in the inside envelope with the $5s themselves on the outside. Just wow for paying this for these you would think they would safely package them.
     
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