New $2, $200, $500 and possibly $1,000 Bills may be on the way

Hey,

Thought I'd give everyone an update on how my coin and currency legislation idea is going. My Congressman's Secretary is working, in what sounded in a determined way, to get new $2 bills, especially, but that she would also fight to get the Congressman interested in new $200 and $500 bills as well and possibly new $1,000 bills. She said that the "Famous Dogs Half Dollar" idea wasn't well received, so, they were going to do a version of the bill without that part, to which I told them, it was no big deal, because I knew that honoring dogs on a United States coin or currency note was a losing battle anyway, but I did, however, ask her about a half dollar redesign program featuring the current Kennedy obverse, but with a few new reverses each year, picturing historical buildings and monuments such as the Monticello, White House, Washington Monument etc., and she said that, that idea would make more sense, especially since most of our paper currency already features such buildings. But we both agreed that changing the $2 bill to combat challenges for the visually impaired was the most important issue, followed by addressing the inflation issue by issuing new $200, $500, and possibly $1,000 U.S. Federal Reserve notes. I asked the lady if she thought going as far as a $1,000 bill would be pushing my luck, or going a bit too far, and she told me that, she couldn't really tell me, because she is not the type of person who would carry a $500 bill, let alone a $1,000 bill, however, she did say it depends on what the Congress and Treasury were interested in printing, and they may go for a $1,000 FRN to actively combat the E500 note. And the final, and least important issue of mine, was to get at least, some kind of program going with the half, just to try to get havles back into circulation, or at least boost their popularity to the same level as the PrezBux and Sacs. Anyway, thats about the status. Oh, except I also mentioned adding a few security features to the $1 bill without redesigning it, just so would-be bleach counterfeiters could not bleach a current $1 bill and print a pre-Series 1990 $2-$100 or soon, even possibly a pre (insert year here) $500 or $1,000 bill on the genuine currency paper, which would evade the pen test.

Well, anyway, as least this kind-hearted lady is helping me with these issues, and I may now have a winner on my side. I will settle for new $2, $200, and $500 bills, but new halves and $1,000 bills and $1 bills with new security features wouldn't be too shabby either. Sorry that I keep bringing these issues up, but I just thought some people here would like an update. :hail:

 

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Good luck

 

Why stop there? Just a matter of years when we'll need 100,000 FRN's to buy a couple of ribeye steaks and some party balloons.... Hyper Inflation is going be fun!!! We can avoid this madness if we just stop printing the ★★★★! OK BP up - must lay down!

 

Well, about 10 years ago, me and a lawyer friend said that they could have had $1,000,000 (One Million Dollar) FRNs for the rich, even by then, so I wouldn't call the idea of a $100,000 bill too far fetched, however, NOW that denomination would make it way too easy for organized crimelords and dealings. Heck, the $1,000 bills would make it nice and easy for them already, one million dollars in $1,000 bills only weighing 2.2 pounds (as one million in $500s was stated by Treasury officals to weigh 4.4 lbs.) I'm sure that $100,000 bills are a pipe dream as are reissued $5,000, and $10,000 and new $2,000 bills are...for now :devil:

 

just wait until hyperinflation sets in. it'll cost $1,000,000 for a stick of gum. not the whole pack, just 1 stick.

 

How well do FRNs burn?
We could end up like Hyper-Germany, when they were burning cash because the cash to buy wood weighed more than the wood it could purchase.

 

Well the only reason me and the lawyer mentioned million dollar bills was because millionaires and billionaires would probably carry a few, just to spend at casinos and such...:yes:

 

Who would be on the bills?

 

I proposed keeping the same designs as the 1928/1934/1934A series $500 and $1,000, but with updated designs so, William McKinley would keep his $500 bill, Grover Cleveland would keep his spot on the new $1,000 bill, and since there was never a $200 denomination of U.S. FRN produced (except the fake George W. Bush $200 bills) I figured that, since Theodore Roosevelt is the only president on Mount Rushmore without a coin or a bill featuring him, he would be placed on the obverse of the new $200 bills, and of course, speaking on Mount Rushmore, that is what would be on the reverse of the $200 bill. The reverse of the $500 bill would retain the oval with the large numeral 500 in the middle, and the new $1,000 bill would retain the fancy text "The United States of America" and "One Thousand Dollars" I just love those old latest reverses on the $500 and $1,000 bills. In fact, the 1928/1934/1934A series $500 bill reverse is my favorite U.S. currency design, believe it or not. Its propbably not much to most collectors, but I like it a lot.

 

I volunteer

 

+1

 

Lets have a contest.....LOL

 

I think Michael Jackson dancing MOONWALK..Billy Jeans...:hail: Don't Laugh please.....

 

I say we put the current deficit at the time of printing across the front, using a bold Google font!
The back should have something about are duty to kick self-serving government tyrants to the curve.

 

You know what else would be an interesting idea? Since there are two different forms of dollar coins circulating (the Prez and the Sac) and the government does not want to redesign the $1 bill due to the costs on small businesses and vendors, why not circulate the old design $1 bill AND an new style $1 bill simultaneously as well? That would be a good thing to do for paper currency collectors and if vendors did not want to upgrade for the new $1 bills, they could always have someone or a machine available to exchange them for old style $1 bills.

 

I don't think a paper bill is large enough for all of the numbers in that font. We'd have to go back to horseblankets!

 

While I wouldn't mind going back to horseblankets, it IS in fact doable for that size font in the current size. Just check out eBay for all of these spoof $1,000 bills:

http://cgi.ebay.com/1000-One-Thousand-Dollars-Bill-Notes-Qty-100-money-/360359973108?pt=LH_DefaultDomain_0&hash=item53e720d0f4

See? Same sized bill as the old style, same font as the new and current $100 bill, and the low-vision numeral would be placed on its side, like the low-vision gold 100 on the new $100 bills, only the numbers on the $1,000 bills would either be squeezed a bit tighter together and more oblong, or just made a bit smaller (but not by much, and people with low vision could still tell it was a $1,000 bill) the only huge difference I see in the $1,000 bill's low-vision numeral, is that it is proposed to be multi-colored with a copper numeral 1 and comma, two golden middle zeros, and one silver top or last zero. Even though the Treasury has stated that color is not the greatest counterfeit deterence, it does help, and a multi-colored $1,000 bill with a multi-colored low-vision numeral, should be at least a descent challenge to would-be counterfeiters. (I wish they would have kept the orginal designs on the reverse of the spoof $1,000 bills with the text "The Unired States of America" and "One Thousand Dollars" on it, but maybe law prohibited it as a counterfeit, so they just put the White House on the reverse instead) The only problem I see, is on the bottom, where they could only fit "ONE THOUSAND" and not "DOLLARS" which is why I support keeping the same reverse as the last Series 1934A Series $1,000 bill which has the fancy text "One Thousand Dollars" on it.

Oh, and here's a spoof $500 bill:

http://cgi.ebay.com/500-Five-Hundred-Dollars-Bill-Notes-2-1-25-money-/110378537292?pt=LH_DefaultDomain_0&hash=item19b312d14c

Too bad it don't have McKinley on it (or is that him? I'm not sure) but I got a one-sided replica of what a Series 1996 redesigned $500 bill front would have looked like, with McKinley as he looks on the real $500 bill. I paid $25 bucks for it and I thought it was worth it, because I put a bill of each denominatoin away, every time the U.S. currency is redesigned, so that I have one of each design, and I wish I could put away different style $1, $2, $200, $500, $1,000, (and $2,000, $5,000, and $10,000 if those denominations were in print and my budget permitted it) I just wish the Series 1996 $500 replica of the $500 bill I got, would have had a blown up version of the oval with the big 500 on the back, but again, it might have been something considered counterfeit, so the back side is blank white paper.

 

I think it's awesome that you're actively pushing for this. Too many people become complacent with just complaining about what they don't like, not enough people put deed behind word. I hope something actually comes out of your efforts!