Nightwing Posted December 26, 2007 Report Share Posted December 26, 2007 Please excuse this post if it is a duplication for I did not see any other posts mentioning this. The Story is from here: http://www.moneyfactory.gov/newmoney/main....leases_12132007 REDESIGNED $5 BILL TO ENTER CIRCULATION MARCH 13 Vending Machines Prepare to Accept New $5 Bill WASHINGTON, D.C. (December 13, 2007) - The newly designed $5 bill will enter circulation on March 13, 2008, the Federal Reserve Board and U.S. Treasury announced today. This alerts businesses that manufacture and use vending and self-checkout machines that they have 90 days to adapt their machines to accept the new bill. On March 13, Federal Reserve banks will begin distributing the redesigned $5 bills to customer banks, which then distribute currency to businesses and consumers. The new bills will first begin circulating in the United States and gradually in other countries as international banks place orders for $5 bills from the Federal Reserve. Older-design $5 notes will continue to circulate and maintain their full face value. Therefore, it will not be necessary to trade in old $5 bills for new ones. “The U.S. government has been working with the business community and central banks to ensure a smooth transition for the e new $5 bill,” said Rose Pianalto, Assistant to the Board of Governors of the Federal Reserve Board. “Because the $5 bill is used so extensively in vending and self-checkout machines, encouraging businesses to get those machines updated to accept the new design has been a particular focus for us.” “Any business that operates machines that accept $5 bills should contact the machines’ manufacturers and ensure they get adjusted to accept the new design,” said Dawn Haley, Chief of the Office of External Relations at the Treasury’s Bureau of Engraving and Printing. “At the same time, for any business that deals in cash, this is a good time to start training employees on what security features to look for in the new $5 bill, before they start seeing it in their cash registers.” The new $5 bill incorporates state-of-the-art security features that are easy to use by cash handlers and consumers alike. Hold the bills to the light to check for these features: * Watermarks: There are now two watermarks on the redesigned $5 bill. A large number “5” watermark is located to the right of the portrait replacing the previous watermark portrait of President Lincoln found on the older design $5 bills. A second watermark – a column of three smaller “5”s – has been added to the new $5 bill design and is positioned to the left of the portrait. * Security Thread: The embedded security thread runs vertically and has been moved from its position to the left of the portrait in older-design $5 notes to the right of the portrait on the redesigned $5 bill. The letters “USA” followed by the number “5” in an alternating pattern are visible along the thread from both sides of the bill. The thread glows blue under ultraviolet light. Free educational materials are available to businesses, financial institutions, trade and professional associations, citizen groups and individuals to prepare cash handlers and consumers to recognize the new design and protect themselves against counterfeits. Since 2003, the U.S. government has distributed more than 78 million pieces of public education and training materials about the new $5, $10, $20 and $50 bill redesigns. Materials are available to order or download in multiple languages at www.moneyfactory.gov/newmoney. NOTE TO EDITORS: Information about the retail location where U.S. government officials will spend the first new $5 bill will be available on January 14, 2008. http://www.moneyfactory.gov/newmoney/main.cfm/currency/new5 About the New $5 Bill: http://www.moneyfactory.gov/newmoney/main.cfm/currency/new5 Link to comment Share on other sites More sharing options...
Nightwing Posted January 16, 2008 Author Report Share Posted January 16, 2008 From: http://www.coinnews.net/2008/01/14/first-n...s-cottage-3948/ The first new redesigned $5 bill will be spent in the gift shop of President Lincoln’s Cottage at the Soldiers’ Home in Washington, D.C. on March 13. The announcement was made today by the Bureau of Engraving and Printing (BEP). Back in September of 2007, the BEP for the first time ever digitally unveiled the new bill redesign that promises to be “safer, smarter and more secure”. The $5 bill will continue to feature President Lincoln, which provides the significance in having the first bill enter circulation through the Lincoln Cottage gift shop. Also on March 13, Federal Reserve banks will begin distributing the new $5s to banks, who will issue them to businesses and consumers. Link to comment Share on other sites More sharing options...
thedeadpoint Posted January 16, 2008 Report Share Posted January 16, 2008 Cyool. Thanks for updating us, Nightwing! Link to comment Share on other sites More sharing options...
henare Posted January 16, 2008 Report Share Posted January 16, 2008 sweet! this is the first coin/currency launch (that i recall) since i've worked in a governemnt office. i look forward to getting these at "Cafe VA" Link to comment Share on other sites More sharing options...
Nightwing Posted March 13, 2008 Author Report Share Posted March 13, 2008 $5 makes it's debut: http://www.cnn.com/2008/US/03/13/new.bill/index.html Link to comment Share on other sites More sharing options...
Capt-AWACS Posted March 13, 2008 Report Share Posted March 13, 2008 Now let us see who can be the first CP to get one. Ciao, AWACS Link to comment Share on other sites More sharing options...
Capt-AWACS Posted March 24, 2008 Report Share Posted March 24, 2008 Well I finally received a new US$5 as change at a grocery store in Vero Beach, FL this morning. The cashier had an entire stack of new bills in SN order. Been back in the States for two days and got one fast, not bad. The note is "ok" IMO. I actually like it for the most part except for the annoying little yellow '05's on both sides. Ciao, AWACS Link to comment Share on other sites More sharing options...
Scottishmoney Posted March 24, 2008 Report Share Posted March 24, 2008 I got one on March 17th at the bank. Now I won't see another for several months. Link to comment Share on other sites More sharing options...
Dockwalliper Posted April 1, 2008 Report Share Posted April 1, 2008 Got my first last night at the grocery store along with my first 2008 cent. Link to comment Share on other sites More sharing options...
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