Colored Money

FutureCEO

Well-Known Member
Original Poster
Why? What is so bad with green. I don't like this idea. Well, anyway it's supposed to start in 2003.

NO OFFENSE TO THE CANADAINS WHO HAVE TO LIVE WITH COLORED MONEY.
 

The Mom

Moderator
Premium Member
As most of you have noticed (if you read the Canada Day thread) I lived in Canada for a year. Once I got used to the fact that the money truly was REAL, and not play money, I found the colors to be much more efficient. I could glance at my wallet and know how close to starving we (my husband and I ) were getting...all greens good...all purples OK....all blues...uhoh...only beige and coins....bad...mac and cheese again!
 

Maria

New Member
We have "colored bills" here in Mexico and I like it! It´s very easy to know how much you have just by looking at them, not actually having to check the denomination. We have greens, blue, pink, etc. They are nice! :animwink:
 

CAPTAIN HOOK

Well-Known Member
We have coloured notes in the UK and it is very easy to see which denominations you have, at a glance :-
£5 = blue
£10 = brown
£20 = purple
£50 = I don't know, never rich enough to have one :hammer:
Not only are the colours different but the sizes differ also - the £5 is the smallest up to the larger £50 (so I'm told !!!!).
Its easy to get used to, I struggle when in the US with all notes virtually the same.
 

FutureCEO

Well-Known Member
Original Poster
So, technicly (sp) were reaching down to other countries, money wise, so that one day there could be a same currency all around the world.
 

Erika

Moderator
Originally posted by FutureCEO
So, technicly (sp) were reaching down to other countries, money wise, so that one day there could be a same currency all around the world.

:veryconfu No...they will still be American dollars...I think we're behind in that MOST other countries have multi-colored currency. Am I right about this? And the rest of the world is certainly not all on one currency (and forget the Euro-- that's 1 continent).
 

Herbie53

Premium Member
I hadn't heard about this before. Personally I think having a single color looks more official, but if there is a good reason for doing it, then so be it. I'll never notice anyway, I only ever have one dollar bills in my pocket! :lol:
 

no2apprentice

Well-Known Member
The U.S. Treasury plans on replacing the current $20, $50, and $100 bills with subtle colored backgrounds in the new bills. The $20 bills are due out by fall 2003: the $50 and $100 bills are due out 12 to 18 months later. For now, there are no plans to change the lower amount bills, because high-tech counterfeiters seldom target the smaller denominations.

The new colored ink is supposed to be color shifting, where the shade of color will change when the bill is tilted. They are also adding new security threads that will glow under ultraviolet light.

For those of you who didn't know already, here are the current efforts used on bills except $1 and $2:

- Presidential protraits were enlarged and moved off center

- Watermark of presidents face inserted, visible when held to light

- Color shifting ink used in number on lower right of bill, when magnified, the ink sparkles

- Polymer thread running vertical in bill, with letters "USA" and the denomination of the bill which glows red under UV light source

- Portraits now have concentric fine lines making it diffucult to photocopy

- Micro printed words were added around the face on clothing, or the scroll work around the portrait, that will usually blur if photocopied or scanned (although some new scanner technology is now defeating the micro printing)

All U.S. currency is printed on a special process paper, that is actually 80% linen, and has a cross grain weave, giving it a unique feel from regular paper and easily folded in either direction. The paper is designed specially for the U.S. Treasury and some say the process is more closely guarded than the plates. There are also small red and blue fibers in the paper, that when near the surface and visible, can be worked loose.

Despite the current efforts, $47.5 million of counterfeit bills were seized in the U.S. in 2001. 39% of that was computer generated.

And now you know more about U.S. currency than you ever wanted to.:D
 

SteveUK

Member
Captain Hook, £50's are pink/red by the way but I don't like using them because shopkeepers are always suspicious and reluctant to take them.
In the UK, our notes are not only different colours but also different sizes. The amounts are also heavily embossed, making it easy to tell the note by feel alone, thus making life much much easier for blind people. I've never understood why in a country so rich and 'intelligent' as the US, blind people are so excluded by the currency. Surely this can't be politically correct? As all notes in the US are the same size, I assume the blind person has to trust somebody to tell them what they have in their hand?
 

no2apprentice

Well-Known Member
The U.S. Treasury has experimented with different methods to help people who are visually impaired (what everyone calls blind). The problem they keep running into is the sheer volume of currency in the United States, and how much it is handled. The U.S. Treasury prints about 10 BILLION notes a year. Why so much? Because it is handled so much, that's how much they have to print to replace what is worn out or destroyed. They've tried putting raised bumps on the corner of bills, but under real world testing they tend to wear off after 60 days. But they are still working on finding something that will last under so much wear.
 

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