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When Did The United States Government Add Counterfeit Detection Features?

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Beginning in 1996, the United States government has been adding advanced security features to paper money. These were the first major design changes since 1928. Advanced copying technologies have helped raise the frequency of counterfeiting. Ink jet printers, color copiers, and scanners are just a few tools criminals use to create fake bills.

In keeping with the strategy of maintaining the security of our currency by enhancing the designs every seven to ten years, a new series of United States currency is being issued, beginning with the $20 note. This $20 note entered circulation on October 9, 2003, followed by the $50 note that was issued on September 28,2004. The next denomination to be introduced in the series was the $10 note, which was issued on March 2, 2006. These new notes are issued to the public through commercial banks. The notes began circulating immediately in the United States and are introduced in other countries as international banks place their orders from the Federal Reserve. Businesses that handle cash and use machines that receive or dispense cash continue to update their machines to accept these new notes.

The $100 note is also scheduled to be redesigned, but a timetable for its introduction has not been set. The government does not have any plans to redesign the $5, $1 or $2 notes as this time.

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 United States currency users.

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