That's the smell of the greatest nation in the world!

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Pink? Maybe. Maybe not. You decide.

Did not know that. I toured the mint in Ottawa a year ago but they are only making gold and silver coins now. Winnipeg apparently make the regular coins.

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They constantly try to escape from the darkness outside and within
Dreaming of systems so perfect that no one will need to be good T.S. Eliot

Another factoid. Canadian currency manufacture is made under licence using Australian technology.

Apparently there was a big push by several companies world wide to make that type of base paper and the aussies perfected it first.

My understanding is that the Aussie company is the only one in the world that produces that type of holographic paper, ie Canada, NZ, EU all buy the raw material from one source....a lot of trillions relying on one company!

Maurice

I've been to the Winnipeg mint. It was cool.

That’s a $7.43 bill, not $10.00.

Aus $50 note with the following security measures, plus the newer polymer notes are expected to survive in circulation for about $10 years.. But then again, who could have imagined the take up of cashless transactions that many of us use.

• POLYMER SUBSTRATE
  Australian banknotes are printed on polymer, a type of plastic, and they have a distinctive feel. A genuine banknote should return back to shape after it is scrunched up.
  
• TOP-TO-BOTTOM WINDOW
  There are multiple security features in the clear top-to-bottom window. The window should be an integral part of the banknote and not an addition. Check that the security features in the window cannot be easily rubbed off.
  
• 3D IMAGE
  Tilt the banknote to see a three-dimensional image with a colourful border. The image will appear raised or recessed.
  
• FLYING BIRD
  Tilt the banknote to see a bird move its wings and change colour in the top-to-bottom window.
  
• COLOURFUL BIRD
  Tilt the banknote to see colours change within a bird.
  
• REVERSING NUMBER
  Tilt the banknote to see a number change direction within the building. The number alternately appears forwards, disappears, then appears backwards.
  
• ROLLING COLOUR EFFECT
  Tilt the banknote to see a rolling colour effect. On one side of the banknote it is a prominent patch near the top corner; on the other side it is within a bird shape.
  
• IMAGE IN SMALL WINDOW
  Look for an image in a small clear window. The image is embossed and has a light and dark effect. The window should be an integral part of the banknote and not an addition.
  
• INTAGLIO PRINT
  Feel the distinctive texture of the dark printing. The slightly raised print can be felt by running a finger across the portraits and numerals.
  
• BACKGROUND PRINT (OFFSET)
  Multi-coloured and multi-directional fine-line patterns appear on each side of the banknote. This background printing should be very sharp. Check for irregularities such as less clearly defined patterns, thicker or thinner lines, or colour differences.
  
• MICROPRINT
  There is microprint, or tiny, clearly defined text, in multiple locations on the banknote.
  
• FLUORESCENT INK
  A bird, the serial number and year of print fluoresce under UV light.
  
  To validate the UV fluorescent features on Australia's banknotes, it is recommended that a UV black light with a wavelength that is centred around 365nm be used, and that it is done so in low ambient lighting conditions. Many UV black lights that use Light Emitting Diodes (LEDs) emit wavelengths between 395 – 400nm, which are not suitable for viewing the UV features
  

Since they said no new images of the proposed design will be unveiled until 2028, sounds to me like the design leaked and there might have been some evidence that counterfeiters were already working on fake bills. They may have had to scrap the entire plan if enough of the info got out and the bad guys were ahead of the curve.

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Slowguy

(insert pithy phrase here...)

simple answer, really - trump and many of his handpicked people are bully-boy cowards. the most painless thing for them to do is kick the can way down the road.

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____________________________________
https://lshtm.academia.edu/MikeCallaghan

http://howtobeswiss.blogspot.ch/

So they will continue to use bills that counterfeiters have mastered for the next 9 years.

Makes sense.

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How does Danny Hart sit down with balls that big?

Very interesting,

What most don’t realize behind the scenes is the logistical nightmare for FI’s and banks when a new note comes out. Basically a tech has to come out on site and reprogram In Person every ATM and TCR to accept the new bill.

For us that took 2 months with the new Canadian tens, in between it was like the 80’s where everyone physically counts and double counts those bills at the end of the day.

Not saying that is the problem here, but when you compare my 30 branches to the entirety of the US economy then introducing new currency/paper would be a total cluster f.

Maurice has

Then wouldn't it make more sense to release all denominations together rather than lag one and have to do it twice?

Exactly. Even if the design did not leak, why are we going to continue to use a, presumably easier to counterfeit $20 for another decade, but will redesign the less counterfeited bills to prevent counterfeits?

Also, if the design leaked, why release the $5 and $10 dollar bills that have the leaked features? Also, how will treasury prevent future leaks, they need to answer that question also.

Counterfeiters generally don't target anything under $20.

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How does Danny Hart sit down with balls that big?

That's why I do 10's. It's the least used bill and the one people have the worst familiarity with.

But then why redesign? We don't redesign the $1 for that basic reason, so why redesign the 5 and 10 then? Obviously they are counterfeited.

I would love to think that the counterfeit angle, design leak and security timing aspect was the end all and be all here. A black woman in and the hero Andrew Jackson out happening on Trump's watch informs me with more confidence as an explanation than the "story" Mnunchin painted to congress. Call me a skeptic, but if the investigative committees of congress did not already have full plates, someone would be asking for some specifics on the security lapse at the mint.