Fergie's Tech Blog

Money Tech: New U.S. $10 Issued on March 2, 2006

On March 2, 2006, the Federal Reserve banks issued a redesigned Series 2004 $10 note to the public through commercial banks. The notes will begin circulating immediately in the United States, and will then be introduced in other countries in the days and weeks following, as international banks place orders for $10 notes from the Federal Reserve. Businesses that handle cash and use machines that receive or dispense cash are encouraged to continue updating their machines to accept the new notes.

New money designs are being issued as part of an ongoing effort to stay ahead of counterfeiting, and to protect the economy and the hard-earned money of U.S. currency users. The new series began with the introduction of the $20 note on October 9, 2003, and continued with the $50 note issued on September 28, 2004.

posted by Fergie @ 3/02/2006 02:54:00 PM