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Friday, March 7, 2008

New $5 Bills To Go Into Circulation in March

The Journal Today reports new $5 bills with splashes of color surrounding Abraham Lincoln will go into circulation on March 13th. The new bill still has a portrait of the 16th president on one side and the Lincoln Memorial on the other. But it also features purple and gray colors and other high-tech changes designed to make life more difficult for counterfeiters.

Dawn Haley of the Bureau of Engraving the Printing states, "Any business that operates machines that accept $5 bills should contact the machines' manufacturers and ensure they get adjusted to accept the new design."

On average, US currency will undergo makeovers every seven to ten years to keep ahead of counterfeiters armed with the latest advances in computer technology that make digital counterfeiting easier.

Free educational materials and other information about the redesigned notes are available at www.moneyfactory.gov.