I never understood why they printed both, non-colorized and colorized Series 2006 $5 bills. The series year is supposed to change if one of three things happens:
1. A new Secretary of the Treasury is sworn in.
2. A new Secretary of the Treasury AND a new Treasurer are sworn in.
OR:
3: THE DESIGN OF THE BILL CHANGES
If and when either of these things happen, usually the series year is switched to the date they happened. (Like in 2013 Jack Lew was sworn into office, and thus the existence of Series 2013 FRNs)
I suppose that an honorable mention should be told:
If just a new Treasurer is sworn in, and the Secretary of the Treausury stays the same, then the series year stays the same, but a "suffix letter" is added, like how we have some bills that are Series 2003, and some that are Series 2003A.
So, I don't see why the first run colorized $5 bills were not "Series 2008", since they were released in 2008, instead of Series 2006, like the last run of non-colorized $5 bills were Series 2006.

Edited by Fox
12/25/2014 11:48 pm