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 Replies: 22 / Views: 4,011 |
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Bedrock of the Community
 United States
12817 Posts |
So it appears that Hamilton will remain on the $10 and Jackson will be removed from the $20. http://news.coinupdate.com/hamilton...laced-on-20/According to the article, we are unlikely to see this change to the $20 before 2030, which tells me we will probably see this go back and forth. Can't say that I'm unhappy with this direction, but again, we're talking about such long periods of time that this is likely to take several turns and twists before we see the final product. |
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Valued Member
262 Posts |
I don't have time to read the article because I'm running out the door for work, but is this the $10 that was suppose to have a female switched onto the note, is that what they changed?
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Valued Member
United States
109 Posts |
Maybe they should just make a $15 bill so then everyone can be happy. I'm just glad they aren't removing a Founder.
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Pillar of the Community
United States
4085 Posts |
Now Andrew Jackson needs a Broadway show to save him on the $20 like Hamilton recently got!
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Moderator
 United States
188052 Posts |
Meh. I could not care less. Cash will be gone by 2030 anyway.  |
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Pillar of the Community
United States
711 Posts |
Great decision. Hamilton is a hero of the central bankers, they should honor him. Jackson on the other hand is a hero of the people and an enemy of the central bankers. Out of respect for the great man, he should be removed from the $20 that he would find offensive like all our paper money and debased coinage. Jackson did end up killing the central bank and even paid off the national debt in its entirety. The bankers didn't just take it either, they tried to kill Jackson but couldn't, as the hired assassin's pistols both misfired. Jackson saw this and proceeded to beat the heck out of the would be assassin with his cane until he was pulled off the coward. I close with a great Andrew Jackson quote on the matter of banking and money. Quote:
Gentlemen! I too have been a close observer of the doings of the Bank of the United States. I have had men watching you for a long time, and am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves. I have determined to rout you out, and by the Eternal, (bringing his fist down on the table) I will rout you out!
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Bedrock of the Community
United States
94367 Posts |
Long live the memory of Hamilton, easily one of the dozen greatest founding fathers. General of the army, founder of the US Mint, principal author of the Federalist Papers, our first Treasury Secretary - the list is long. I personally am glad of the revised decision.  |
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Pillar of the Community
United States
4963 Posts |
Quote:
General of the army, founder of the US Mint, principal author of the Federalist Papers, our first Treasury Secretary - the list is long. I think the second one alone puts him near the top.  |
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Bedrock of the Community
 United States
12817 Posts |
Quote:
but is this the $10 that was suppose to have a female switched onto the note, is that what they changed? In a nutshell, yes. The $10 will still be redesigned but with Hamilton still featured and... Quote:
[According to CNN] a "mural-style depiction of the women's suffrage movement" will be added to the back of the 10, in keeping with the Treasury's stated intention of recognizing women's contributions to the civic life of the nation. Looking forward to the candidates. |
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Pillar of the Community
United States
4409 Posts |
I saw on the news that Harriet Tubman is the woman chosen to replace Andrew Jackson.
-MV
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Pillar of the Community
United States
800 Posts |
 but the whole thing can change. |
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Bedrock of the Community
United States
94367 Posts |
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New Member
United States
15 Posts |
So at what point would it make sense to hoard the non-colorized Andrew Jackson $20 bills? I realize there are people on here who already do, but I am just wondering from an economic perspective. Would the market for them spike when the Tubman bills are released? If this needs it's own thread please feel free to move it.
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Pillar of the Community
United States
2168 Posts |
I really don't know why they are taking so long to change them. Who knows.
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Bedrock of the Community
United States
94367 Posts |
Read that the $20 circulates much more heavily than the $10, and that the decision to change the $10 first was because they already had security features at hand or in place for the $10 but not the $20. The inflow of protests against dumping Hamilton was considerable, apparently fueled by the current Broadway musical of the same name, and so Sec. Lew decided to go with the $20 instead. Apparently, however, the $20 needs many new security features given its popularity, and they don't want to spend the money to redesign it until these features are ready, which could take a number of years.
Edited by Coinfrog
04/21/2016 5:22 pm
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Bedrock of the Community
United States
94367 Posts |
PS - Sec. Lew recently remarked on his decision to retain Hamilton on the $10 that "Hamilton is very popular at the Treasury, and it is hard to feel, working here, that you are not standing on his shoulders".
I liked that. I am no fan of Lew, but I really liked that.
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Replies: 22 / Views: 4,011 |
Posted 04/19/2016 08:32 am
