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We could be in for a new currency series, even if without a redesign
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<p>[QUOTE="Numbers, post: 1349968, member: 11668"]There's nearly always a new series every year there's a new president (2009, 2001, 1993, 1981, 1977, ...). The only recent exception has been 1989, because Bush sr. kept on the Secretary and Treasurer from Reagan's administration.</p><p><br /></p><p>In recent years, the Treasurer's office does tend to stay vacant for an extended period at the start of a new administration. Between that and the time it takes for the BEP to engrave new printing plates, it usually takes quite a while for the new series to get started:</p><ul> <li>Series 2009 - first printed December 2009 (11 months into Obama's term)</li> <li>Series 2001 - first printed November 2001 (10 months into Bush's term)</li> <li>Series 1993 - first printed April 199<b><u>4</u></b> (15 months into Clinton's term)</li> <li>Series 1981 - first printed July 1981 (6 months into Reagan's term)</li> <li>Series 1977 - first printed September 1977 (8 months into Carter's term)</li> </ul><p>Thus even if Obama loses the election, we could easily be looking at Series 2009 production for most (or all) of 2013.</p><p><br /></p><p>On the other hand, if Obama is reelected, then it's possible that Series 2009 could continue for years longer. But at some point one begins to wonder how long Rios and Geithner are going to want to stay in office; one or both might decide not to stick around for a second term. They've had fairly long terms already--indeed, if both of them remain in office through this year, then Obama will be the first president since Eisenhower to serve a full four-year term with only one set of currency signers!</p><p><br /></p><p>The quickest way to get a new series would probably be if Obama is reelected, Geithner decides to resign, and Rios stays in office. The Secretary of the Treasury is too important an official for that office to be left vacant for long, so Geithner's successor would be installed quickly, and a new series with signatures Rios-whoever could get into production within a few months.[/QUOTE]</p><p><br /></p>
[QUOTE="Numbers, post: 1349968, member: 11668"]There's nearly always a new series every year there's a new president (2009, 2001, 1993, 1981, 1977, ...). The only recent exception has been 1989, because Bush sr. kept on the Secretary and Treasurer from Reagan's administration. In recent years, the Treasurer's office does tend to stay vacant for an extended period at the start of a new administration. Between that and the time it takes for the BEP to engrave new printing plates, it usually takes quite a while for the new series to get started: [LIST] [*]Series 2009 - first printed December 2009 (11 months into Obama's term) [*]Series 2001 - first printed November 2001 (10 months into Bush's term) [*]Series 1993 - first printed April 199[B][U]4[/U][/B] (15 months into Clinton's term) [*]Series 1981 - first printed July 1981 (6 months into Reagan's term) [*]Series 1977 - first printed September 1977 (8 months into Carter's term) [/LIST]Thus even if Obama loses the election, we could easily be looking at Series 2009 production for most (or all) of 2013. On the other hand, if Obama is reelected, then it's possible that Series 2009 could continue for years longer. But at some point one begins to wonder how long Rios and Geithner are going to want to stay in office; one or both might decide not to stick around for a second term. They've had fairly long terms already--indeed, if both of them remain in office through this year, then Obama will be the first president since Eisenhower to serve a full four-year term with only one set of currency signers! The quickest way to get a new series would probably be if Obama is reelected, Geithner decides to resign, and Rios stays in office. The Secretary of the Treasury is too important an official for that office to be left vacant for long, so Geithner's successor would be installed quickly, and a new series with signatures Rios-whoever could get into production within a few months.[/QUOTE]
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We could be in for a new currency series, even if without a redesign
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