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The new $10 note


jtryka

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OK, forget the Quarter Eagle. How about just a plain old Quarter? A Quarter is worth 2½x a Dime and people don't seem to have a problem with that. I really don't see the difference.

 

I guess I just give the "average American" a little more credit. I think they would have a pretty good idea of how to change out a $250 bill.

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We have quarters yes, but we don't have $25 bills. I think you'd probably have more luck with a $200 than a $250, at least that is very even. Maybe I am being harsh on the American public, but look at the trouble clerks and such have with half dollars, or dollar coins or $2 bills. They don't like the odd denominations. To the average American, we have 4 coins and 6 bills and that is more than enough.

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Well i like it. Odd choice of colours though. The fact that it's orange though came as no surprise to me, there seems to be a thing for all 10 whatever notes being orange/red or brown (autumn colours). At least this is true of the other two major currencies the euro and pounds sterling. Now the US dollar has joined the fold.

 

 

I like orange so perhaps that's why i like it?

 

 

But green on the $20 seemed a silly colour to pick if you ask me. The main colour of the notes (the numbering, seal etc.) are all green, i would have though that since most of the redesigned notes seem to have some green in them somewhere still that they would have missed that colour.

 

I'd vote either red or purple for the $100, red is a bit close to orange and pink though. I would save blue for the $5 if they ever decide to redesign that one in the future at any time. The fact that the $1 is not being redesigned though is a good sign...

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We have quarters yes, but we don't have $25 bills.  I think you'd probably have more luck with a $200 than a $250, at least that is very even.  Maybe I am being harsh on the American public, but look at the trouble clerks and such have with half dollars, or dollar coins or $2 bills.  They don't like the odd denominations.  To the average American, we have 4 coins and 6 bills and that is more than enough.

 

Yeah, you raise some good points. I guess I'm thinking more from a collector's point of view. I always like to see new and different things.

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Yes, from a collector point of view I would love to see a lot of things! I'd love to see a commem double eagle and quarter eagle someday, maybe a commem $3 and stella. I'd have loved it if they never stopped producing the larger denominations, and of course I'd love to be on the gold standard again pegged at $20.67/oz!

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And the £1 I think was withdrawn in 1988, which leaves only 4 circulating denominations.

 

 

And 50s don't circulate. Up until recently £5 notes were fairly hated (the old series wore real bad, life expectancy was less than a year)... only the £10 and the £20 notes were actually liked. Most people i've spoke to see £5 notes as change, i think this is partly because bank machines do not give them out, £10 is lowest note given out. There was rumours of the £5 note being ditched... but they redesigned it three years back using tougher paper. Hopefully next redesign due in a decade or less will see the fivers axed and replaced by coins.

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I looked on the Bank of England website, and they only list 1, 5, 10, 20 and 50-pound notes, the only country I know of with fewer denominations than the US!

 

Japan used to have only three, with the denomination 1,000 , 5,000 and 10,000 yen notes. 2,000 yen note was issued in the year 2000 but there was some sort of conversial issue over it and it is SO rarely circulated nowadays in Japan. Probably dead especially when the new series just appeared this year.

 

Korea too currently have 3 notes, 1,000 , 5,000 and 10,000 won. Unlike Japan, you should notice the exchange rate, which makes it to 1, 5 and 10 dollars!!! (with very rough approximation) But having a large wad of notes??? That sure is horrible!!! This has been going on for over 20 years if I am not wrong. So there are plans to make larger denominations in the following year... :ninja:

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In the last 10 years of socialism in Romania (1978-1989) only 4 banknotes were in circulation: 10 Lei, 25 Lei, 50 Lei and 100 Lei. Before that (1966-1978) was and 1 , 3 and 5 lei notes, but after the issuing of 5 lei large aluminum coin in 1978 these were eliminated from circulation.

Right now we have a mix salad of new and old notes in pockets: 1 leu, 5 lei, 10 lei 50 lei 100 lei and 500 lei (new denomination 2005) and 10000, 50000, 100000, 500000 and 1,000,000 lei.

11 notes by different sizes!

Coins also: 1 ban, 5 bani, 10 bani and 50 bani 2005 or 500 lei, 1000 lei and 5000 lei.

New Lei - old Lei exchange rate: 1 to 10,000.

If you want to buy a T Shirt for example (450,000 old Lei), and pay with a new 500 lei note, you receive 4 x 1,000,000 old lei notes, 4 x 10 new Lei and one 50,000 old lei.

Old people here are very confused! :ninja:

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I understand it completely, haven't they just done the same thing in Turkey? Just dropped a handful of noughts off of the end.

 

Trust me if i can get my head round 2 shillings being 10 pence but also 24 pence at the same time, then i can figure out a system working in 10s.

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I understand it completely, haven't they just done the same thing in Turkey? Just dropped a handful of noughts off of the end.

Yup, on 1-Jan-2005 the old Lira was replaced by the Yeni (new) Lira: 1,000,000 TL = 1 YTL. Now that more than 90 percent of the circulating cash is YTL coins and notes, calculating amounts has become easier again. But in the first few months it must have been difficult for some ...

 

By the way, to me both the Romanian and Turkish new coins look as if they had been sponsored by the bank note industry. :ninja: Fairly dull and unimaginative.

 

Christian

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