CPM Forum
Foreign => US Currency => Topic started by: jonathan on September 28, 2004, 10:50:23 am
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NEW US $50 NOTE RELEASED TODAY!
(CNN/Money) - The new multi-colored $50 bill will be released today ( Sept. 28 )*, the Federal Reserve announced Wednesday.
The new bill, which was unveiled to the public in April, has subtle background colors of blue and red, and images of a waving American flag and a small metallic silver-blue star.
The new bills will be distributed through commercial banks starting on the release date.
It will be the second bill to have colors other than green, following the new $20 bill, which started circulating last October.
The decision to redesign the $50 was made last year, and announced simultaneously with the new $20.
The new bills are meant to make counterfeiting more difficult.
"The enhanced security features in this series of notes help ensure that U.S. currency will continue to represent the trust, value and confidence that people all over the world have grown to rely on and expect," Fed governor Mark Olson said in a statement.
He noted that the new notes will circulate along with the older designs.
http://money.cnn.com/2004/06/30/news/economy/new_fifty/
* indicates that the original web page has today's date as Sept. 28th, and has been edited to read "today" on this posting. The original web page has not been altered.