The new United States five-dollar bill

The new US five-dollar bill

Did you know that the US $5 bill has been redesigned and will be issued on March 13, 2008? Well, it turned from green to purple, but I am sure Abraham Lincoln will not be upset ;) The Bureau of Engraving and Printing enhanced security for the new bills, so they are harder to fake and easier to check. I recommend you to visit the official homepage so you know how to differ fake money from real U.S. currency.

You can look up the new features in a nice flash animation on portfolio.com. The new features are two new watermarks on both sides of the bill and an embedded security thread, which moved from the left of the portrait and is now located on the right side. The new $5 bill will remain the same size, but the color and images changed a bit. The color goes from a light purple in the center of the bill and blends into gray near the edges. This design update adds complexity to the bill to make counterfeiting more difficult. The Great Seal of the United States, a American symbol of freedom, has been added to the background and Lincoln’s portrait and vignette have also been changed. There are also a few other features like microprintings and of course the serial numbers.

The new money will be introduced on March 13, 2008 but of course you will not have to exchange your old $5 bills for new ones. Nevertheless, you will come across the $5 bills soon, because the “average life” of a $5 bill in circulation is 16 months before it is replaced due to wear, says the Bureau of Engraving and Printing. Approximately 9 percent of all paper currency produced by the U.S. Treasury’s Bureau of Engraving and Printing today are $5 bills. In fact, you can even still pay with U.S. banknotes from 1861, they are still redeemable today at full face value and will continue to be legal currency. The United States has never devalued its currency, so owning $5 bills seems like a quite sure thing to me.

Comments

4 Responses to “The new United States five-dollar bill”

  1. PostOnFire.com on March 14th, 2008 9:46 am

    America´s new 5 dollar bill……

    Check out the new 5 dollar bills of the U.S.A….

  2. darrel stultz on June 2nd, 2008 4:40 am

    is this bill being re called or not or no more to be in cicurlation they have a 2006 series date

  3. Ed on June 12th, 2008 5:15 am

    If they are re calling the new $5 bill will it be a collectors item in the future because of the 2006 printing date?

  4. jure on June 12th, 2008 10:39 pm

    Hilarious :) The design is a joke. Well, all american bills/coins are a joke.
    They remind me of asian banknotes - diarrhea colors, no composition, the coins and the banknotes have no graphic connections one to another, different fonts used… and so on…

    I think you should employ some european designers :p

    ps - for example check new UK coins ;)

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