What the H?

/ dave / arouet at winternet.com
Sun Jan 5 01:38:19 PST 2003


ChrisD(RJ) wrote:


> What the hell are pink dollars? What is Vershbow talking about?
>
> U.S. calls on Russians not to fear for their savings due to coming "pink
> dollar"

I suspect it's the planned background colors for larger-denomination U.S. currency announced last summer. More info here (note the cutesy URL the U.S. Bureau of Engraving uses):

> http://www.moneyfactory.com/document.cfm/10/63/1666

NexGen notes are latest in series to add anti-counterfeiting features

In keeping with their strategy of maintaining the security of Federal Reserve notes by enhancing the design of U.S. currency every seven to ten years, the Department of the Treasury’s Bureau of Engraving and Printing (Bureau) and the Federal Reserve Board today announced plans to release the next generation of redesigned notes, with improved security features to deter counterfeiting.

The new design, referred to as NexGen, affects the $100, $50, and $20 notes. Circulation of the NexGen series could begin as early as fall 2003 with the introduction of the redesigned $20 note. The $100 and $50 notes will follow in twelve to eighteen months. Consistent with past design changes, the NexGen notes will remain the same size and use similar portraits and historical images to maintain an American appearance. The NexGen designs will include the introduction of subtle background colors. While color is not in itself a security feature, the use of color provides the opportunity to add additional features that could assist in deterring counterfeiting. The introduction of additional colors will also help consumers to identify the different denominations.

The new series will retain current security features, including watermarks similar to the portrait and visible when held up to a light, enhanced security threads that glow under ultraviolet light, microprinting, and color-shifting ink that changes color when the note is tilted.

The purpose of the currency redesign is to stay ahead of advanced computer technologies used for some types of counterfeiting. According to the U.S. Secret Service, $47.5 million in counterfeit money entered into circulation in fiscal year 2001. Of this amount, 39 percent was computer generated, compared with only 0.5 percent in 1995.

(...)

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/ dave /



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