So the treasury announced new designs for the $5, $10, and $20 bills starting in 2020, but no mention of the $1, $2, $50, or $100. It makes sense that they wouldn't redesign the hundred for a while, since they just did a couple years ago, but do you think they'll discontinue the one, two and fifty? I know that the $1 and $2 bills have been excluded from the past two redesigns, but it's kind of odd that they aren't planning to redesign the fifty, which is the second least circulated bill. Maybe they plan to slowly phase it out by not updating it?
The $1 and $2 will never be redesigned as there is no risk of counterfeiting. Although I, personally, see no real need for the $50, I don't think it's going to be discontinued any time soon.
Crane & Co. have too many people inside the machine to ever let the $1 & $2 go anywhere anytime soon.
I thought that about the $10.00 bill but my local X-Mart is checking these now as someone is counterfeiting these. With 3-D printers anything is possible these days.
I mean, it's smart on the counterfeiter's part. Hypothetically, if I were to counterfeit money (I would never do such a thing and do not condone it), I would make mostly tens and some twenties. The fifty and hundred are checked just about everywhere, so they're too risky, but the one, two, and five are too small of denominations for it to be worthwhile, and people would get suspicious if you pay for everything in small bills. The twenties are checked sometimes, so there's some risk, but tens are almost never checked and you can easily use it to buy a $1 item and get $9 in legitimate change for each counterfeit note.
