Mo' money mo' problems
February 10, 2006 1:43 PM   Subscribe

It's all about the Hamiltons. The new US $10 bill makes it's debut on March 2nd, 2006. How will it 'stack up' against other nations' works of art?
posted by afx114 (71 comments total)
 
Man. Switzerland has VERY pretty money.
posted by tkchrist at 1:47 PM on February 10, 2006


*its
posted by thirteenkiller at 1:47 PM on February 10, 2006


You can call us Aaron Burr from the way we're dropping Hamiltons.
posted by sdrawkcab at 1:47 PM on February 10, 2006


A flash "interactive bill".
posted by fleacircus at 1:50 PM on February 10, 2006


I had no idea that Antarctica had its own money.
posted by luneray at 1:50 PM on February 10, 2006


Neither did I, luneray. And it doesn't look like money either.
posted by brundlefly at 1:54 PM on February 10, 2006


fleacircus said: A flash "interactive bill".

That is so geeky cool!
posted by like_neon at 1:57 PM on February 10, 2006


Shouldn't that be "All About The Alexanders"?
posted by Lord Kinbote at 1:57 PM on February 10, 2006


D'oh!
I meant to quote lunery for the Antarctica money. Sigh...
posted by like_neon at 1:57 PM on February 10, 2006


A flash "interactive bill".

This may be somewhat embarrassing, but I have never seen that newer $50 bill before. Is that out yet?
posted by dgaicun at 2:01 PM on February 10, 2006


...subtle background colors in shades of orange, yellow and red...

American currency joins the 20th century!
posted by Artw at 2:01 PM on February 10, 2006


What the... Antarctica has its own currency?
posted by 40 Watt at 2:02 PM on February 10, 2006


What's with the weird "Are you single?" and other ads on the left navigation pane. That's a pretty sleaze-ball way to make money.
posted by geoff. at 2:03 PM on February 10, 2006


Hamilton is looking as aerodynamic and awesome as ever. My favorite US money face... sorry Abe.

Check out Serbia's Tesla money. Now that's geeky cool!
posted by bigtex at 2:03 PM on February 10, 2006


The girl acted like she never seen a ten before!
posted by anomie at 2:07 PM on February 10, 2006


I'm surprised a government bureau had the imagination to call their web site the Money Factory. Kind of makes me wonder what it was before they watered it down.
posted by Captaintripps at 2:11 PM on February 10, 2006


Some things will be the same: Same value: Both new and older-design notes will maintain their full face value.

Damn! Another of my brilliantly clever schemes thwarted!
posted by hal9k at 2:14 PM on February 10, 2006


The Dutch banknotes of the past (before the ugly Euro) was IMHO the most beautiful banknotes evah.

I particularly liked the 50 guilder note. Much nicer than the green drab the US calls money.
posted by kika at 2:15 PM on February 10, 2006


O, and the Dutch banknotes didn't have braille on them but there were thick ink symbols and numbers on it that could easily be 'read' by the blind.

The euro however only has differnet sizes, so it's much harder for the blind to know what denomination a note has.
posted by kika at 2:18 PM on February 10, 2006


Canadian currency has braille on it
posted by jeffmik at 2:22 PM on February 10, 2006


actually, I should correct myself - it uses a form of Braille according to this site


posted by jeffmik at 2:24 PM on February 10, 2006


this site

sorry, late night.
posted by jeffmik at 2:25 PM on February 10, 2006


moneyfactory.gov

Love it.
posted by AwkwardPause at 2:31 PM on February 10, 2006


How will it 'stack up' against other nations' works of art?

It's still boring.
posted by Robot Johnny at 2:32 PM on February 10, 2006


Does anyone know what backs up Antarctican paper money? I seem to recall that there used to be a Devo which was actual gold. Some sources also suggest that Antarctica doesn't actually have it's own official currency...
posted by PurplePorpoise at 2:34 PM on February 10, 2006


Antarctica dollars are not legal tender, they're mostly just to raise money for research, apparently.
posted by ducksauce at 2:47 PM on February 10, 2006


I quite like the design of the Euro. It's not nearly as aesthetically pleasing as the Dutch currency from the 90s, but it is well designed.

There's a wonderfully practical pattern to the currency: 1c, 2c, 5c, 10c, 20c, 50c, 1$, 2$, 5$, 10$, 20$, 50$, 100$, 200$(,500$ ?)

There are three categories of coin: copper, silver, bi-metallic. Each category of coin also starts small and gets larger as the denomination increases. Then you get the paper notes which start out quite small and get distinctly larger as the denomination increases.

I think it's a solid system. Too bad they didn't get the Dutch to set the visual standards for the currency. Vibrant artistic currency is cool.
posted by C.Batt at 2:50 PM on February 10, 2006


Modern Australian banknotes are plastic.

You can wash them all you like, and they only get clean :)

And they're pretty, too
posted by 5MeoCMP at 2:59 PM on February 10, 2006


Bother.

... banknotes are ...
posted by 5MeoCMP at 2:59 PM on February 10, 2006


Canada's most recent series looks a lot like many of the European series. Me likes.
posted by raedyn at 3:15 PM on February 10, 2006


I've always quite liked the notes of Iceland. But where they really excel is thier coins. Even those pictures don't do justice to how nice they are.

The funniest thing about the redesign of the 20 is the anti counterfit method of the scattered small "20"s on the back. PDF example. It's like an anti-counterfit feature designed by an obsessive-compulsive on crystal meth.
posted by lumpenprole at 3:26 PM on February 10, 2006


Modern Australian banknotes are plastic. You can wash them all you like, and they only get clean :)

Get them too warm and they turn into shrinky-dinks.
posted by Artw at 3:32 PM on February 10, 2006


"Different background colors will be used for the different denominations. This will help everyone to tell denominations apart."

It's about time! Usually it would take me a few minutes at the cashier to look for those GIGANTIC NUMBERS on each bill.
posted by jahmoon at 3:35 PM on February 10, 2006


Hamiltacular.
posted by Astro Zombie at 3:38 PM on February 10, 2006


Kwatloo's are the prettiest.
posted by tkchrist at 4:06 PM on February 10, 2006


It's about time! Usually it would take me a few minutes at the cashier to look for those GIGANTIC NUMBERS on each bill.

The US is the only country I've visited where notes/bills are so similar in colour and size. Even after a year of living here I still have to pull my money out of my wallet to check how much I've got rather than just glance -- or unravel a note to check its denomination.

The visually-impaired -- not just the completely blind - or, as in my case, the alcohol impaired in the back of a taxi will all benefit from improved notes.

Sensivity to the less fortunate aside, the US desperately needed to update its old fashioned and easy to forge bills.
posted by NailsTheCat at 4:21 PM on February 10, 2006


The funniest thing about the redesign of the 20 is the anti counterfit method of the scattered small "20"s on the back.

They're not scattered randomly. The 0's appear in the "EURion constellation," a pattern that tells software that the image being processed, scanned, or printed is a banknote.
posted by ROU_Xenophobe at 4:24 PM on February 10, 2006


Does anyone know what backs up Antarctican paper money? I seem to recall that there used to be a Devo which was actual gold. Some sources also suggest that Antarctica doesn't actually have it's own official currency...

What are you people talking about? Antarctica dosn't have it's own money, it's not even a country or anything. A few nations have bases and outposts there, but there is nothing there that could issue money, from what I understand.

There was a well known 'antarctican money' website going around, posted here even.
posted by delmoi at 4:40 PM on February 10, 2006


Bank of Antarctica.
posted by dhartung at 6:15 PM on February 10, 2006


I'm surprised a government bureau had the imagination to call their web site the Money Factory.

It's one of the few parts of the government that sells to the consumer market with the intention of making a profit.

Yeah, the US designs are only getting slightly better. There's a lot they can't do -- braille was rejected, for technical reasons, and changing the size/shape of the currency is impossible without an overhaul of bajillions of paper-money-taking machines.

I'm just disappointed there are no plans to redesign the $1, $2 or $5 for now. Lincoln got bigger, but I actually hate the art on that one -- kind of a cartoonish jut-jaw look to me. (Then again the only one I really like is Jackson. Wow, he looks like he's gonna jump out of the bill and take you on.) Anyway, especially now that the new notes incorporate color, the Washingtons and Jeffersons look so 20th century.
posted by dhartung at 6:32 PM on February 10, 2006


I'm liking the new bills, but the little swarms of "20" or "10" on the sides, they look like ... well ... little swarms of bees.
posted by grabbingsand at 6:33 PM on February 10, 2006


It's about time! Usually it would take me a few minutes at the cashier to look for those GIGANTIC NUMBERS on each bill.

American 2 dollar bill:

American 5 dollar bill:

American 20 dollar bill:

Quick, how much money is in my wallet?


Dutch 10 guilder bill:

Dutch 100 guilder bill:

Dutch 250 guilder bill:

Quick, how much money is in my wallet?

posted by Bugbread at 6:45 PM on February 10, 2006


bugbread - $27?

And that's not really a fair example. If I had a wallet full of US currency and you had a wallet full of that cute colorful currency, I bet I could count my cash at least as quick as you if not quicker.

It's not really that hard, is it?
posted by jahmoon at 7:02 PM on February 10, 2006


If I had a wallet full of US currency and you had a wallet full of that cute colorful currency, I bet I could count my cash at least as quick as you if not quicker.

I'll take you up on that bet, then. I'm an American, but I was able to count Chinese currency when I was in China way faster than I could with American currency, even though I was raised with it.

As for "difficulty", no, neither one is that hard, but by the same token, cooking fried rice is really simple, but ordering it at a restaurant is even simpler. Neither one is a deal-breaker, but the question wasn't "Is counting US currency hard?" but "Is counting US currency harder than it needs to be?"
posted by Bugbread at 7:08 PM on February 10, 2006


"Is counting US currency harder than it needs to be?"

I understand your point. I'm all for changing our currency to make it counterfeit-proof, and if it changes color in the process, great. All I'm saying is I don't think that the time it takes to count money is really a "problem" that needs to be solved directly.
posted by jahmoon at 7:20 PM on February 10, 2006


Oh, and this bet, how do we do this? Where are you located? I'm in NJ.

;)
posted by jahmoon at 7:22 PM on February 10, 2006


I'm in Tokyo, but we have the same sorting problem here. Currency looks too similar, so I have to look at the corner of every single bill to determine how much money I have / what kinds of bills I have.

We'd have to pick some common ground to meet on...Say, Australia.

Out of curiosity, though, have you ever spent any significant amount of time (we'll count one month as significant, as long as you regularly handle money for that month) in a country with currency of various colors and sizes, or are you just presuming that, since you can count your currency quickly, that you wouldn't be able to count it more quickly if it had multiple colors and sizes?
posted by Bugbread at 7:30 PM on February 10, 2006


I'm presuming, so I could be totally wrong. I'll admit that much.

I just don't see how color coding is really going to shave off enough time to actually make it noticeably easier/faster. (then again I'm a pretty organized person and I always know how much money I have on me at any given time without even pulling out my wallet - so I guess it doesn't matter much to me either way)

And I've always wanted to go to Australia so I'll see if I can set something up! ;)
posted by jahmoon at 7:51 PM on February 10, 2006


jahmoon:
I'm terrrrrible at keeping track of my cash is in my wallet. With 24 years in UK, 12 in Italy (both Lire and Euros) and 1 in the US I've had my fair share of time to get accustomed to all 4 currences (plus time in the Netherlands and France to boot). I think you get to grips with coloured and sized bills in two weeks: yellow big ones are X, small blues ones are Y -- easy. But I can see how you wouldn't appreciate the problem until you've tried something better (it took my stubborn ass years to get into CDs). Seriously man... I can glance into a wallet of European and British cash and know I've got enough for a night out - here in the US I have physically take 'em out and flick through.

dhartung:
The bill reading machines' issue hadn't occurred to me until you mentioned it. In the UK, upon issuing new notes, they give a two year (or so) grace period to make the change smoother. That said, in Italy, the Lire/Euro switch happened in one month.... still can't believe they managed it.

Of course, making bills easier to distinguish would cost con men their livelihoods too. [V poor con example -- too late to google.]
posted by NailsTheCat at 9:00 PM on February 10, 2006


Perhaps the organization part is a big factor. The thing I notice that screws me up with money is when I start gaining an accumulation of bills (for example, 3 10,000 yen bills ("A"), a 5,000 yen bill ("B"), and 4 1,000 ("C") yen bills). If I keep them organized, it's really simple and easy to count out what I want. But if, for whatever, they aren't organized, and are like:

CBAACCAC

If I'm in a hurry, or there's a line of people and I haven't been able to check my wallet because my hands are full of produce, etc., or if I'm carrying something so I only have one hand to check the money, then it's easy for me to overlook, for example, the single B sitting over there at the back of the wallet. Which means, inevitably, one day I look at my wallet and think "How the hell did I accumulate 11 1,000 yen bills?". The easier money is to spot, when holding stuff or in a rush or the like, the less likely it is to happen. If I organized my cash, from time to time, in numberical order, this would be a nonproblem. Likewise, if I kept track of how much money I was carrying at any given time, this would be a nonproblem.

And, again, I'm not saying this is a big problem. It's not. It's amazingly tiny. But it's a tiny problem that people in countries with properly varied monies (unlike us two in the US and Japan) don't experience quite as often.
posted by Bugbread at 9:28 PM on February 10, 2006


Hell, I'm overstating things as they are. I don't care strongly about the issue one way or the other. Sure, I have an opinion, but I don't really care. The only reason this came up was that you seemed to be implying that counting US currency was equally easy as, for example, Dutch currency, and I just wanted to point out that it isn't, but it's no big deal either way, though. Somehow the "It isn't" loomed much larger than the "It's no big deal either way, though" part.
posted by Bugbread at 9:47 PM on February 10, 2006


afx114: It's all about the Hamiltons.
thirteenkiller: *its
<weeps>
posted by ryanrs at 10:00 PM on February 10, 2006


Its all about the Hamilton's.
posted by Bugbread at 10:27 PM on February 10, 2006


Wow, I always know how much money is in my wallet without even opening it. I can't remember the last time I "counted" it. Call me Fenton Crackshell, I guess.
posted by Eideteker at 10:32 PM on February 10, 2006


P.S. Tens are my favorite denominations. I hate twenties almost as much as I hate the original Dubya. Yee-haw, let's go kill some brown people! Book lernin' is for chumps! etc.
(Dubya will be on the $500, after the massive inflation necessary to pay off the war in Iraq makes such denominations common).
posted by Eideteker at 10:38 PM on February 10, 2006


Twos generally suck. 25 cent coins, $2 bills, $20 bills, 2000 yen bills. Make everything "1, 5, 10, 50, 100, 500, 1000, 5000" and be done with it.
posted by Bugbread at 10:51 PM on February 10, 2006


Uh Oh. Better get your comments in while you've got the chance. Looks like this thread may be in big trouble:
The law sharply restricts photographs or other printed reproductions of paper currency, checks, bonds, revenue stamps, and securities of the United States and foreign governments.

The Counterfeit Detection Act of 1992, Public Law 102-550, in Section 411 of Title 31 of the Code of Federal Regulations, permits color illustrations of U.S. currency provided:

1. the illustration is of a size less than three-fourths or more than one and one-half, in linear dimension, of each part of the item illustrated;

2. the illustration is one-sided; and

3. all negatives, plates, positives, digitized storage medium, graphic files, magnetic medium, optical storage devices, and any other thing used in the making of the illustration that contain an image of the illustration or any part thereof are destroyed and/or deleted or erased after their final use.
From Know Your Money by the United States Secret Service.
posted by cenoxo at 11:00 PM on February 10, 2006


ryanrs, I'm weeping with you, buddy. Glad someone else noticed, thanks. :) I will, however, admit defeat to Lord Kinbote. He is correct that it technically should have been "All About The Alexanders." However, it just didn't seem to roll off the tongue quite as well (one too many syllables).
posted by afx114 at 11:00 PM on February 10, 2006


cenoxo, "after their final use" is the key phrase there. Since this is Meta, and Meta is forever, there can be no final use.
posted by afx114 at 11:03 PM on February 10, 2006


cenoxo,

As long as Metafilter exists, the archives can be read, so the final use of the images in the thread will be many years from now.

Though I am amused by the "any other thing used in the making of the illustration" part. I used a computer to photoshop the images into the "wallet" configuration, so if Matt gets rid of MeFi, my company is going to have to destroy this computer. They're gonna be pissed.
posted by Bugbread at 11:04 PM on February 10, 2006


Bugbread, they're not gonna be real thrilled if they find out that an employee is scanning and retouching images of money on a company computer.
posted by cenoxo at 11:50 PM on February 10, 2006


ryanrs, afx114, I think the mistake to which thirteenkiller was referring was in the second sentence:

The new US $10 bill makes it's debut....
posted by taschenrechner at 1:24 AM on February 11, 2006


Cenoxo,

No worries. I didn't scan the money, I got an image that was (from the start) already only 150 pixels high or so, and worked with that. So the data was never in an infringing state, even when I acquired it.

taschenrechner, the mistake was indeed in the second sentence, but not where you think. It should have said:

The new U'S $'10 bill makes its debut....
posted by Bugbread at 1:43 AM on February 11, 2006


bugbread, I was simply repeating the second sentence. I know what it should have said. I forgot to include one of those nice little linguistic asterisks, I guess.
posted by taschenrechner at 2:04 AM on February 11, 2006


I know, taschenrechner. I was just being silly.
posted by Bugbread at 2:07 AM on February 11, 2006


Oh crap. According to the laws of the interweb, spelling callouts = suck, but callouts of incorrect callouts = awesome. Sort of like a cop getting a speeding ticket. However, thirteenkiller's first-level callout is actually correct, thereby making my second-level callout a two-point violation. That's as bad as a TUI! My internet insurance is going to be insane. :-(

Sorry about that, thirteenkiller. Say, do you think I could take care of this without getting the police involved...
posted by ryanrs at 3:00 AM on February 11, 2006


That said, in Italy, the Lire/Euro switch happened in one month.... still can't believe they managed it.

meh. They managed it, like (I presume) the rest of the EU, but not without some typical Italian mishandling. I remember having to try to score change from other local businesses while at work for a solid month as there was a paucity of small bills & coins.

Metro & bus tickets here were exactly 77 cents. Problem was that
  • automatic ticket machines would only accept Euros
  • only accept 77 cents exactly
  • there were problems with the weights of the 1 cent pieces being accepted
  • No change given until they upped the price to 1€ about a year later - or rather I didn't buy tickets from the machines until that point as they are tetchy bitches at best.
But that was Rome; maybe things went smoother elsewhere...miss the Lira *sniff*
posted by romakimmy at 5:02 AM on February 11, 2006


Ahhh shit.. got me good. See what happens when you rush things.
posted by afx114 at 7:37 AM on February 11, 2006


I'm a big fan of the recent 50 pence piece with the definition of "Fifty Pence" on it. Third from bottom here
posted by patricio at 2:14 PM on February 11, 2006


I've always liked Danish notes, this one particularly, the level of intricacy doesn't really come across in a jpg, the fine detail is brilliant for both the moth and the background, and there's a real quality to the note which seems to underlie and maintain the picture quality.
posted by biffa at 3:34 AM on February 13, 2006


Also, I agree with patricio, there's been some really clean, attractive designs on some of the 50p pieces recently, I like that D-Day one too.
posted by biffa at 3:35 AM on February 13, 2006


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