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 Replies: 19 / Views: 5,678 |
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Press Manager
 United States
1420 Posts |
CoinWorld - The monthly production reports from the Bureau of Engraving and Printing are usually boring listings of denominations and amounts of notes printed for each Federal Reserve district at the plants in Washington, D.C., and Fort Worth, Texas. Once in a while however, something catches your attention, such as the notice that in April 2017, the Fort Worth facility printed 35,200,000 Series 2013 $100 notes for the Atlanta Federal Reserve Bank.  These are not the first 2013 $100 notes. From October 2014 to the following March, Fort Worth printed 140,800,000 regular Series 2013 notes and 21,120,000 star notes for the New York bank. Then from February through April of this year they printed another 140,800,000, also for New York. Read the Entire Article
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Valued Member
United States
406 Posts |
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Pillar of the Community
Canada
5324 Posts |
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Bedrock of the Community
United States
94367 Posts |
Littleton bought them all to resell with a Hillary portrait?
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Pillar of the Community
United States
634 Posts |
 Coinfrog is probably right! |
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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
1655 Posts |
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Valued Member
United States
411 Posts |
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
4589 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
992 Posts |
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
12817 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
United States
4589 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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Pillar of the Community
United States
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
United States
4637 Posts |
Saw these on Where's George  |
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Replies: 19 / Views: 5,678 |
Posted 06/26/2017 5:51 pm
