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Valued Member
United States
411 Posts |
In May the Fort Worth facility also printed 32,000,000 Series 2013 $100 notes for the San Francisco Federal Reserve Bank, as well as an additional 35,200,000 for Atlanta.
After not producing any new notes from the Series 2013 $100 notes for 23 months, it seems odd that they are being made now that the signatories have been replaced with a new Secretary and a new Treasurer. Why not simply wait and produce the 2017 series?
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Pillar of the Community
United States
1658 Posts |
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Valued Member
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Background
Timothy F. Geithner began serving as Secretary on January 26, 2009.
Jack Lew began as Secretary of Treasury on February 28, 2013.
Steven Mnuchin began serving as Secretary on February 13, 2017.
Rosa Gumataotao Rios began serving as Treasurer on August 6, 2009.She resigned as of July 8, 2016.
Jovita Carranza became Treasurer on April 28, 2017.
$100 banknotes
2009 series that had quality control units numbered 1440 million notes
2009A series was in production for 5.5 years a whopping 7267.2 million notes
2013 series produced 140.8 million then a 23 month recess then as of May an additional 310.4 million
Why not simply wait until the 2017 series is ready with signatures Carranza-Mnuchin?
Edited by PacoMartin
07/06/2017 09:46 am
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Bedrock of the Community
United States
94367 Posts |
ArrowsAndRays -  |
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Pillar of the Community
 United States
4592 Posts |
After they were printed, a flaw was discovered that caused I believe folding in some notes.
Instead of scrapping them the BEP has been inspecting them all by hand. So that someday they can be released.
-----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
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Pillar of the Community
Germany
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Quote:
Why not simply wait until the 2017 series is ready with signatures Carranza-Mnuchin? I think, you answered your own question. There is demand for new $100 notes but the 2017 series is not ready yet (for whatever reason). |
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Bedrock of the Community
United States
12839 Posts |
@ArrowsAndRays - good one. hehehe
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Valued Member
United States
411 Posts |
For the three months of Feb-Apr 2013 they printed both the 2009A and the 2013 series. In May they only printed the 2013 series.
Steven Mnuchin began serving as Secretary on February 13, 2017.
Jovita Carranza became Treasurer on April 28, 2017.
They knew President Trump was appointing new people. Why not just keep printing the 2009A series to meet demand until the new signatures were ready.
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Pillar of the Community
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4592 Posts |
The people who really know this stuff hang out on Where's George not here, but I *think* the answer has to do with the BEP changing from 32 impression presses to 50. It could be that they had plates already made up for the older presses (and/or they were available based on schedule).
-----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
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1812 Posts |
When I read this on CoinWorld, my first thought was maybe this series of $100 Notes may have been used in the first Cash Installment transfer made to Iran from the last Administration, but didn't want to post it here and have this thread turn Political... If the BEP is making the 50 Note per Sheet transition to follow the series 2013 $1.00 Notes, then the 50 Subject Plates would require a Plate Position change for assigned Serial Numbers for the SOI Press's & LEPE Overprinting... If this is the new format, I would assume the Serialing would be the same as the 2013 $1.00 notes, where the individual notes plate position would be in the last 4 digits of its Serial Number, and not require a calculator as necessary for COPE 32 subject Sheets... I posted a thread last year on the new Plate Position Layout for the 2013 Series where the new Plate Positions has changed radically from the current 32 subject COPE layout. I included a Chart showing the new Serialing starting with A5 & ending with J1. Anyone that can easily remember the old COPE A1 to H4 Serial Number Layout can easily remember the new 50 subject LEPE layout. For anyone interested in the 50 subject layout, the thread may be down a few pages, but I would feel weird if I were to "Bump" it back up to the first page without knowing for sure if they are actually transitioning to 50 Notes per sheet. |
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Pillar of the Community
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4637 Posts |
Saw these on Where's George  |
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Bedrock of the Community
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12839 Posts |
@Steve -- What are you doing up at 5:28AM? I think Franklin must have been woken up at that time too... would explain that dour expression. Edited by CelticKnot
07/13/2017 11:42 am
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Pillar of the Community
United States
4637 Posts |
Franklin quote, " Early to bed and early to rise makes a man healthy, wealthy and wise".
I'll have to settle for two out of three...
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Valued Member
United States
411 Posts |
For the 2013 series which began production in November 2013, Fort Worth is exclusively printing the $2, $10, $50 and $100 denominations. The $5 is exclusively produced in Washington, while the $1 and $20 is produced in both places.
It's a big change from the beginning of Forth Worth. Official dedication of Forth Worth took place on April 26, 1991 and it only produced the $1 and $5 for the 1988A series
As of May 2017 the 2013 $100 banknote is now being produced for three districts.
New York B
Atlanta F
San Francisco L
Edited by PacoMartin
07/17/2017 12:06 am
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Pillar of the Community
Germany
992 Posts |
Perhaps, I have overlook something. But the first time I find the $100 bills of the 2013 series in a BEP report is the production report of ''October 2014.''
It's mentions production of 8000 sheets of star notes of the $100 2013 series. First regular printed notes of this series are in the November 2014 report.
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Posted 07/06/2017 09:30 am
