Well, it looks like the release of the new $100 FRN will NOT be in 2012

It is now July 5th, and still no announcement about the issuance of the new, colorized $100 note. The earliest it could be released now is early January. So much for redesigning the U.S.'s currency every 7-10 years.

I also asked this about the BEP's main page in an email:



"Dear BEP:

I just had a quick question. We talked about the $2 note being redesigned for the Meaningful Access currency redesign. And you confirmed that the $2 note will be redesigned with the Meaningful Access Redesign, as did Carol Riggs and Darlene Anderson. On the front page of the BEP website, it says:



"With the introduction of redesigned currency, subtle background colors were added to the redesigned notes to make them more secure and difficult to counterfeit. The new design was applied to the $5, $10, $20, $50, and $100 notes. Circulation of the new series began during the fall of 2003, with the introduction of the redesigned $20 note. It continued with the $50 note in 2004, the $10 note in 2006, and the $5 note in 2008. The new $100 note is currently in production with a release date to be announced as soon as possible. Redesign of the $1 and $2 notes is not planned."



Notice how the last sentence says: "Redesign of the $1 and $2 notes is not planned." So I was just wondering, is this talk of no plans to redesign the $2 note only for the "NexGen" series currency redesign? And is the $2 note still getting a redesign for the "Meaningful Access" redesign series? That paragraph from the BEP website I posted in this email made me curious as to whether the $2 note redesign idea was scrapped, and I hope it wasn't. I know that the Meaningful Access page on the BEP website says: "Tactile Feature: Adding a raised tactile feature to U.S. currency unique to each U.S. Federal Reserve note that it may lawfully change[SUP]1[/SUP]," and I know that the $2 note can be lawfully changed, but currently, the $1 note can not be changed. But just out of curiousity, do you think they will ever change the $1 note? I would like to see a change in the $1 note, but I know ir would be hard on the many vendors and businesses that have dollar bill readers. But do the American Council of the Blind and other groups for the blind and visually impaired was the $1 note redesigned with features to help them denominate the note? I'm curious to know.



Anyway, could you please let me know if the designs for the new Meaningful Access redesigned currency, especially the redesigned $2 note are drawn out, and if you have seen them?



And can you please tell me if the new NexGen $100s are close to coming out? And how close the first Meaningful Access redesigned currency denomination will be coming out? And which denomination will be the first Meaningful Access Federal Reserve note to come out?



Thank You for any information you can spare."

and my reply was:


"Thank you for your inquiry. The reference to the $1 and $2 note not being redesigned is, in fact, referring to the current series of redesign, commonly called the “NexGen series”. Inclusion of a raised tactile feature is planned for a future redesign of the $100, $50, $20, $10, $5 and $2 Federal Reserve notes. You are correct, BEP is not planning to add a tactile feature to the $1 note. A decision has not been made regarding the next denomination to be redesigned or when it will be issued. BEP is not waiting for this decision to be made, however. We are already exploring technologies and considering note designs. Significant testing will be required to ensure that the tactile feature solution can be smoothly accommodated into BEP’s manufacturing process.

Regarding the NexGen $100 note, the Federal Reserve Board of Governors is responsible for issuing redesigned currency into circulation. As of this time, they have not announced a date for issuing the newly-designed $100 note."

Notice how I underlined the $2 note for its upcoming redesign.

I really can not wait to see the ideas the BEP will be coming up with, and I even suggested a picture of the back of the Monticello for the reverse of redesigned $2 note, just like the "Series 1996" redesign changed the view of the White House to the south side, and on the new "Series 2004" colorized $100 notes, they are going to be featuring the the back of Independence Hall. Like I said, I am guessing that the next redesign will likely be "Series 2014" Not that "Series 2013 wouldn't be possible, if the Federal Reserve releases the new $100 notes of the Series 2004 redesign in early 2013 and the first Series 2013/14 redesigned FRN in mid to late 2013. The BEP still has no idea which denomination will be released first for the next new series, the "Meaningful Access" series currency.

I will keep you all updated on what future information I find out.

 

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I have started picking up a few $2 bills and then handing them out when ever the cashier looks young. So far they look confused or in awe. They are great as a novelty but my opinion is they should not be continued. They should be joined with the half and the cent and have a going away party.

 

I spend as many twos as I can get my paws on, I have had clerks tell me in stores that they are seeing more and more of them. Otherwise if there was no demand for them the BEP wouldn't even be printing them.