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Weird dream about new $100's
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<p>[QUOTE="Numbers, post: 437912, member: 11668"]If the schedule hasn't slipped, then production of Kodachrome $100's should begin long before Bush leaves office, so they'd have the Cabral-Paulson signatures. Most likely they'd be called Series 2006, though I guess there's an outside chance of Series 2008 if the BEP's in a funny mood that day.</p><p><br /></p><p>A side effect of the timing is that, unlike the 1996 redesign, we won't get a chance to see crazy-high block letters on the $100's this time around. Over the next few years, the BEP will pretty much replace all $100's currently in circulation with the Kodachrome version, but that $100 production will be split between at least two series due to the change of signatures with the new administration. So, no repeat of the AB..Y serial block that we saw on the 1996 $100.</p><p><br /></p><p>Also, note that the BEP and Fed *have* said they plan to replace the old $100's with the new version. This was done for all five denominations of the 1996 redesign, but has *not* been done for the first four Kodachrome denominations. Apparently the improvement in security features between the 1996 generation and the 2004 generation was slight enough that the Fed and BEP decided to allow the existing 1996-generation notes to continue to circulate until wearing out naturally, rather than shredding all old-design notes regardless of condition as they do for pre-1996 notes. But the Kodachrome $100 is getting a much greater security enhancement than the lower denominations did, what with the hologram and all. (Which is why I think there's an outside chance of it getting its own series date.)[/QUOTE]</p><p><br /></p>
[QUOTE="Numbers, post: 437912, member: 11668"]If the schedule hasn't slipped, then production of Kodachrome $100's should begin long before Bush leaves office, so they'd have the Cabral-Paulson signatures. Most likely they'd be called Series 2006, though I guess there's an outside chance of Series 2008 if the BEP's in a funny mood that day. A side effect of the timing is that, unlike the 1996 redesign, we won't get a chance to see crazy-high block letters on the $100's this time around. Over the next few years, the BEP will pretty much replace all $100's currently in circulation with the Kodachrome version, but that $100 production will be split between at least two series due to the change of signatures with the new administration. So, no repeat of the AB..Y serial block that we saw on the 1996 $100. Also, note that the BEP and Fed *have* said they plan to replace the old $100's with the new version. This was done for all five denominations of the 1996 redesign, but has *not* been done for the first four Kodachrome denominations. Apparently the improvement in security features between the 1996 generation and the 2004 generation was slight enough that the Fed and BEP decided to allow the existing 1996-generation notes to continue to circulate until wearing out naturally, rather than shredding all old-design notes regardless of condition as they do for pre-1996 notes. But the Kodachrome $100 is getting a much greater security enhancement than the lower denominations did, what with the hologram and all. (Which is why I think there's an outside chance of it getting its own series date.)[/QUOTE]
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