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AccuBANKER ArticlesLearn all About the New $50 NoteMay 7, 2004In 2003 the U.S. government introduced a new color $20 note with other denominations to follow. A new $50 note will be introduced in late September or early October, followed later by a new $100 note. Decisions on new designs for the $5 and $10 notes are still under consideration, but a redesign of the $2 and $1 notes is not planned. The new bills will remain the same size and will use the same, but enhanced, portraits and historical images. Above all, the world will continue to recognize the new money as quintessentially American. AccuBANKER is on the leading edge of counterfeit detection. Our in-depth knowledge of the world of currency is offered to our customers giving them the tools needed to protect your business from counterfeits. Thanks to the development of sophisticated technologies in our line of AccuBANKER counterfeit detectors, checking the complex security features of the new colored bills has never been easier. Going one step further, we have developed our machines around the needs of our clients, advanced yet simple to use units that eliminate the need to poses expertise in currency verification to avoid losses due to counterfeit banknotes. AccuBANKER makes easy to spot counterfeits with powerful tools before they are accepted. Security Features: The new $50 notes continues the lead of the new “colored” $20 by introducing a note that contains more security features to help control the increase in quantity and sophistication of counterfeits. While some of these features remain the same as in previous designs, others have been adjusted to combat current counterfeiting trends. Fortunately, AccuBANKER offers you piece of mind in knowing that you are protected by the industry’s best counterfeit detectors and knowledge provided by our in house currency experts. Infrared markings: Among the newer security features, special infrared markings are printed on the notes to help determine authenticity and denomination. The IR markings on the new $50 note can only be seen by placing the bill on an infrared detection system like the D200 Tower, where the resulting hidden infrared markings are shown on the unit’s screen. (click here for details). Magnetic Ink: One of the more unique security features found in US currency is the presence of magnetic ink. Used only on the face of the bills, this security ink is present on the personage as well as on the frame of the bill. The simplest way to detect if a suspect bill has this ink or not is to test it with a magnetic ink sensor, a small devise built into many of the AccuBANKER bill counters and counterfeit detectors. Security Thread: One of the strongest security measures found in US currency is the security thread. This plastic strip is embedded into the paper and runs vertically to the right of the portrait. The security thread includes a wide range of security features like UV fluorescence, magnetism, and micro printing. In the $50 note, this thread glows yellow when placed under any of the AccuBANKER UV detectors, reacts to a magnetic sensor and includes micro printing that reads “USA 50” and the image of a small flag. Watermark: An integral part of the paper itself, the watermark is a security feature that is used by a wide variety of currencies and continues to be a standard security measure in US Currency. The watermark on the new $50 note can be easily seen by placing the bill atop a white light like those found in many AccuBANKER counterfeit detectors (click here for details). The watermark is located in the front of the bill, and exhibits the bust of President Grant to the right hand side of the Treasury seal.  Color-Shifting Ink: Among the new features incorporated into the new design of the color series, is the inclusion of color-shifting ink. On the new $50 note, this special ink is located in the number “50” on the lower right corner, on the front side of the bill. By tilting the note up and down, the color-shifting ink will change color from copper to green.  Micro printing: Another security measure that has been upgraded to help curb countering is the increased use of micro printing techniques. Because of their small size, micro printed words are extremely difficult to replicate even with the use of high resolution scanners and printers. The new color $50 note features micro printing in three areas of the bill’s face: the words “FIFTY,” “USA,” and the numeral “50” can be found in two of the blue stars to the left of the portrait; the word “FIFTY” can be found repeated within both side borders of the note; and the words “THE UNITED STATES OF AMERICA” appear on President Ulysses S. Grant’s collar, under his beard.  Low-Vision Feature: For easier denomination verification, the US Treasury department has added a large numeral “50” in the lower right corner, on the back of the bill, making it easier to identify.  Federal Reserve Indicators: The Federal Reserve System is represented on the new $50 note by a universal seal to the left of the portrait. In addition to this, the letter and number beneath the left serial number identify the issuing Federal Reserve Bank.  Serial Numbers: Serial numbers are comprised by a unique combination of eleven numbers and letters. These appear twice on the face of the note. On the new $50 note, the left serial number is shifted slightly to the right, compared to previous designs.  Design Features: To stay ahead of currency counterfeiters, the U.S. will be introducing new currency designs every seven to ten years. Not only will these design updates add complexity to the note -and make counterfeiting more difficult-, other features will help the public, particularly those who are visually impaired, to tell denominations apart. Symbols of Freedom: Continuing with the design template of the new color series $20 the new $50 note includes symbols of freedom that represent the United States. For the $50 note the traditional stars and stripes of the United States flag are printed in blue and red behind the portrait of President Grant. A field of blue stars is located to the left of the portrait, while three red stripes are located to the right of the portrait. Like the previous denomination, the new $50 note features a metallic symbol located on the lower right side of the portrait. For this denomination the symbol chosen was a blue star. All future denominations will feature different symbols of freedom.  Color: The most noticeable difference in the newly designed $50 note is the addition of subtle background colors of blue and red to both sides of the note. In addition to this, small yellow 50s have been added to the background on the back of the note. The Series 2004 notes mark the first time in modern American history that US cash will include colors other than black and green. Different background colors will be used for the different denominations. This will help everyone to tell denominations apart. Updated Portrait and Vignette: Gone are the oval borders and fine lines from previous designs. The portrait has been moved up and the shoulders have been extended into the border. Additionally, engraving details have been added to the vignette background.  A Smooth Transition: In 2003 when the US government released the new $20 notes more than 150,000 contacts were made with representatives of the cash-handling industry to help them to prepare for the change. The U.S. government is already working to prepare them for the new $50 note. Don’t worry; you won’t have to exchange your old bills for new ones. Your old money will always be good. Every U.S. currency note issued since 1861 is still redeemable today at full face value. Both the new notes and the older-design notes will continue to be legal tender at full face value. The U.S. has never devalued its currency and will not do so now. Click here to see details on the first fully automatic counterfeit detector to be pre-programmed for the new $50 – New from AccuBANKER |
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