Monday, 29 October 2007

A Paper Money First - New US $5 banknote unveiled on-line

The new US $5 bill was unveiled for the very first time in a very unique way on 20th September 2007. For the very first time Paper Money was unveiled live online. Here is a video of the presentation from the US Bureau of Engraving and Printing.

Previously the $10,$20 and $50 notes had been redesigned and their unveiling was not an online presentation. This was an entirely digital event, which took place as a "Wii-5" preview on there is also an online Question and Answer session for Reporters and Podcasts featuring important information about the new $5 bills.

The new $5 bill is smarter, safer and more secure according to The Bureau of Engraving and Printing and really anything a government can do to make its paper money more safe and secure is more than welcome. Counterfeiters are always trying to improve their game a government that does not stay a couple of steps ahead of them will find that they have more counterfeits in circulation than real genuine currency. The changes and redesign of the $5 bill will make it much more difficult for these $5 notes be changed into $100 notes as was the previous practice.

The new note features two watermarks: on the right of Lincoln's portrait is a large "5" and on the left is a column of three smaller "5"s The embedded security tread is located on the right of the portrait, runs vertically and glows blue when held under ultraviolet light. the American symbol of freedom, the eagle and the shield are featured as underprints on the front side in purple. For a more detailed presentation of the new features in the US $5 bill please visit The Bureau of Engraving and Printing and explore this beautiful site.

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