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 Replies: 18 / Views: 4,316 |
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Pillar of the Community
United States
818 Posts |
How often do you see them? ($5 and up bills dated 1999-2003A) I'm wondering about this because it seems like I see people spending or carrying non-colorized 5 and 10 dollar bills CONSTANTLY. But whenever I go to a bank and ask for older bills, the tellers usually have only a few. How common is it to see one in your area of each denomination? Here are my opinions:
$5- I see people with them constantly, but like I said before, the tellers only have a few when I ask for them even though they have some every time.
$10- Tellers usually have them, but only a few out of the stack (probably around 100 bills) are pre-2006.
$20- Rarely ever see them, last time I saw one was when someone gave me $20 for a project I'm working on, I traded it with one of my own bills since it's a 1999.
$50 and $100- I see non-colorized 50's frequently, probably because they last longer due to changing hands less often. As for 100's, I've never seen a stack of them, but they're probably common since the redesigned bills haven't been in circulation too long yet.
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Pillar of the Community
United States
6130 Posts |
The non-colorized $20 are drying up, but I see the rest regularly in my change.
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Pillar of the Community
 United States
818 Posts |
Why is it that the pre-2004 20's are becoming hard to find?
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Valued Member
United States
369 Posts |
Here's a quick breakdown of when the colorized bills were first printed and then in parenthesis actually released.
$5: October '07 (March '08)
$10: July '05 (March '06)
$20: April '03 (Oct '03)
$50: March '04 (Sept '04)
$100: February '10 (Oct '13)
So the $20s have been out for a good while longer than the $5s and $10s. $50s don't get used as much, so there's still quite a few uncolored ones out there. From personal experience as a cashier, there's still a good number of $5s out there, but the $10s and $20s are becoming pretty scarce, though I always get a few every day.
Edited by half n a half
05/08/2015 2:34 pm
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Pillar of the Community
United States
4692 Posts |
Think about it. It's like asking why you see fewer DeLorean cars than you used to. The bills get worn out and turned in to the BEP. Very few, if any, are worth a premium if not in very high grade (like 66 or higher) and even then the premium is low.
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Valued Member
United States
100 Posts |
I'm a teller and I see them quite frequently in the $5, $10, $50 and $100 (100 being the most common with 10 in second place). $20s are pretty hard to find. I found a good condition on the other day (crisp with no folds) and bought it myself for my collection. It was the first I have seen in months. They are disappearing because the banks submit them to the FED for destruction. At least mine does. Almost any non-colorized bill gets put into the "mutilated" pile to be sent out (some are even in decent shape and should be left in circulation). Just about any small portrait bill gets tossed as well  |
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Pillar of the Community
United States
589 Posts |
Quote:
They are disappearing because the banks submit them to the FED for destruction. I read a while ago that the first denomination that the government will do their best to destroy the old notes of are the 100's. Some banks apparently were told that as more of the new notes are printed, they are to begin withdrawing the old ones. -- My local bank hasn't given me any old 100's in over a year, with one exception when I expressly asked for an older note if they had it (and I got a small portrait to boot!) |
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Pillar of the Community
United States
6130 Posts |
It's also worth mentioning that the $20s are the second-most used after the $1, which helps speed things along.
I did save a better specimen of each non-colorized $5, $10 and $20 since I personally see the best potential for those issues out of everything made this side of 1969.
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Pillar of the Community
United States
818 Posts |
I saw a cashier counting the money in the register today and there was a non colorized 5 and 10 dollar bill among the pile, but I didn't have the nerve or money to ask to trade. Oh well.
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Pillar of the Community
United States
818 Posts |
I've actually revised my opinion on the frequency of the older 10's, because today the teller had 2 2003's, a 1999, and a small portrait 1995. I took the 2003 though, since the rest were probably ready for the shredder.
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Pillar of the Community
United States
6370 Posts |
My friend got a 1981 $20 bill as payment for a fundraiser a few weeks ago. She thought it was counterfeit because it didn't have the security strip nor the watermark seen on today's colorized bills. I was able to authenticate it for her, but not before she crumpled it from CU to F-VF.
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Pillar of the Community
United States
1358 Posts |
As a cashier, I see them quite frequently. $5s the most, then $10s, then $20s. $5s are still quite common; sometimes I can get three of them in a row into the till. The interesting thing is I see more non-colorized $10s than I do series 2004A notes. It might be because there are three series of non-colorized notes compared to only the one 2004A that I have a hard time finding, but I have a theory that colorized bills do not last in circulation as long as the non-colorized notes. The colored $5s almost self-destruct in circulation, it seems.
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Pillar of the Community
United States
818 Posts |
Here's another question about 2 series years.
How come the series 1999 and 2001 $5 had such a long gap between production and then had some star notes made in 2004 and 2005 respectively? It seems kind of odd how each of these series had notes being made when it was at 2 series years later when it happened.
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Pillar of the Community
United States
589 Posts |
Best guess: some notes were "found" in some back room, but the BEP noticed some were damaged, and so was forced to issue replacements years after they should have printed.
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Pillar of the Community
United States
1358 Posts |
They probably had extra plates leftover and printed some star notes with them that could be used as replacements in any series.
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Valued Member
United States
100 Posts |
Quote:
As a cashier, I see them quite frequently. $5s the most, then $10s, then $20s. $5s are still quite common; sometimes I can get three of them in a row into the till. The interesting thing is I see more non-colorized $10s than I do series 2004A notes. It might be because there are three series of non-colorized notes compared to only the one 2004A that I have a hard time finding, but I have a theory that colorized bills do not last in circulation as long as the non-colorized notes. The colored $5s almost self-destruct in circulation, it seems.
This teller agrees. Just about all colorized bills (unless I pull them from FED straps) are very worn and some have large sections of picture missing. The non-colorized and small portraits I find are usually in better shape. I pulled a 1934 $10 out the other day that looks/feels brand new. I don't know if it's the material/ink/ or something else but the new notes just don't last. |
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Replies: 18 / Views: 4,316 |
Posted 05/08/2015 11:55 am
