US currency

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Family Finds Small Fortune in Late Man's Home, All in Pennies

And the 1 million coins are worth more than $10K—they're made of pure copper

(Newser) - For years, California real estate agent John Reyes, his wife, and members of her extended family have been slowly (as their schedules allow) cleaning out the home of her late father, Fritz, located in the Pico-Union neighborhood of Los Angeles. One find in particular, however, in the deceased German immigrant'...

It's a 'Huge Milestone' for US Currency

New banknotes are the first to be signed by 2 women

(Newser) - Treasury Secretary Janet Yellen on Thursday helped mark a milestone in US history when she held up a newly minted $5 bill signed for the first time ever by two women. Yellen's signature will appear alongside that of US Treasurer Lynn Malerba, the first Native American in that position,...

Asian American Makes History on US Coin

Film star Anna May Wong was considered the first Chinese American star in xenophobic industry

(Newser) - Beginning Monday, the US will have its first Asian American on currency. Anna May Wong, a film star who broke into Hollywood during the silent era a century ago, will be depicted on the backs of some 300 million new quarters , most of which are already sold out, per the...

Start Digging in Your Sofa for Much-Needed Coins

Businesses across the US are begging people to put spare change into circulation amid shortage

(Newser) - Got a dime you can spare? Retailers, laundromats, and other businesses that rely on coins want you to turn it in, along with any other spare change in piggy banks or under couch cushions, as coins are in short supply again, the AP reports. A group of trade associations that...

Biden Restarts Plan to Get Harriet Tubman on $20 Bill

Biden administration wants to speed up change, flipping Andrew Jackson to the back

(Newser) - The stalled effort to honor abolitionist Harriet Tubman by putting her likeness on the $20 bill is being started up again by the Biden administration. She would be the first Black person on US currency. White House press secretary Jen Psaki said Monday that the nation's currency should "...

She Sold Her Family Home. She Didn't Know About the Secret Safe

Now, legal wrangling over the Civil War-era gold certificates found inside that are worth millions

(Newser) - A story out of New Jersey has both legal experts and Reddit threads buzzing , and has spurred both a civil lawsuit and a criminal trial. It involves a secret safe hidden under the basement stairs of an Asbury Park home once owned by Elaine Palmer, who died in 2004, and...

Court: 'In God We Trust' on Money Is Constitutional

Satanist's lawsuit chucked out

(Newser) - A federal court has ruled that printing "In God We Trust" on US currency doesn't amount to a religious endorsement and therefore doesn't violate the US Constitution. The Chicago Daily Law Bulletin reports the 7th US Circuit Court of Appeals in Chicago made the ruling in a...

Trump: Tubman 'More Appropriate' on the $2 Bill

Calls the new $20 bill 'pure political correctness'

(Newser) - We all know Donald Trump isn't a fan of political correctness. That's why he's also not a fan of Harriet Tubman replacing Andrew Jackson on the new $20 bill. "I don't like seeing it. Yes, I think it's pure political correctness," Trump tells...

Penny Might Go the Way of the Dodo

Treasury secretary detailed plan to eliminate coin in 2015 memo

(Newser) - Now might not be the best time to invest in zinc. The US could be following in Canada's footsteps —and those of a host of other countries, per Quartz —in ridding itself of the pricey penny, according to a March 2015 memo sent to President Obama. In...

A Woman Is Going on the $10 Bill

Government will announce her name later this year

(Newser) - We don't know who it will be, but a woman will replace Alexander Hamilton as the main image on the $10 bill. Treasury chief Jack Lew says he will announce the woman's name by the end of this year, and the new bills will be out in 2020,...

Here's How to Shake Up Faces on Our Currency
Here's How to Shake Up
Faces on Our Currency
OPINION
May 5, 2015 12:06 PM CDT

Here's How to Shake Up Faces on Our Currency

Steve Inskeep: Let's start using the 'flip side' of the bills

(Newser) - A movement is afoot to replace Andrew Jackson on the $20 bill, but NPR's Steve Inskeep, the author of a coming book on the man, has a different idea: Move him to the back and put somebody else on the front. Inskeep's choice is Cherokee leader John Ross,...

The 4 Women Who Could Grace the $20 Bill

Rosa Parks, Harriet Tubman, Eleanor Roosevelt, Wilma Mankiller

(Newser) - And then there were four: Rosa Parks, Harriet Tubman, Eleanor Roosevelt, and Wilma Mankiller have been named as the finalists for the Women on 20s campaign to replace Andrew Jackson with a female on the $20 bill . Over five weeks, more than 250,000 people voted in an online poll...

Group's Goal: Put Woman on the $20 Bill

Roosevelt one of 15 candidates a women's group hopes will replace Andrew Jackson

(Newser) - Harriet Tubman, Rosa Parks, Clara Barton—they were all activists who changed the American landscape, and they all deserve to be on the $20 bill way more than the guy who's currently there. That's the stance of Women On 20s , a campaign vying to tear Andrew Jackson's...

Pa. Guy's $10 Bill Could Be Worth $500K

Collector's note has 'fancy serial number,' rare label

(Newser) - Sure, it says "$10" on the corner, but a Pennsylvania collector's bill is worth far more. Billy Baeder, of Royersford, Pa., is into "fancy serial numbers" and other unusual currency characteristics collectors value: printing mistakes, for instance. Fancy serial numbers, the Philadelphia Inquirer explains, include those in...

No. 1 Producer of Bogus US Bills Is...

Peru, where counterfeiting is 'more profitable than cocaine'

(Newser) - Forget cocaine: Peru's big money-maker is making money—the fake variety. Counterfeiting has taken off in the country, which has overtaken Colombia as the largest source of fake US currency in the last two years, the AP reports. The phony money typically finds its way into the US, Argentina,...

After 10 Years of Tinkering, New $100 Bills Coming

Blue lines? Orange bells? Plenty of color in new greenback

(Newser) - At long last, the United States is getting new $100 bills, reports Reuters . Set to be released more than two years behind schedule on Oct. 8, the redesign has been in the works for a decade. Among the additions:
  • a blue, 3D security ribbon that's not printed but woven
...

Let's Replace Dollar Bills With Coins

And while we're at, it's time to ditch pennies, too: Los Angeles Times

(Newser) - Here's a quick way to cut government spending: Stop making one-dollar bills. Switching to coins could save us some $5.5 billion over 30 years, write the editors of the Los Angeles Times . That's the lifespan of a coin, while a paper dollar lasts only 3 years. Want...

China Prez: US Buck Is Has-Been Currency Giant

President Hu Jintao aims to make yuan global heavyweight

(Newser) - More from Hu Jintao's rare interview with the American press: An international currency system ruled by the American dollar is a "product of the past," complains China's president, who indicated the yuan was on a path toward becoming an international currency. President Hu Jintao conceded it would be...

China Drops US Credit Rating Ahead of G20

Obama faces a world divided, peeved by Fed moves

(Newser) - China’s top state-endorsed rating agency dropped the United States’ credit rating yesterday, warning that recent Fed moves, along with “serious defects in the United States' economic development and management model” were “fundamentally lowering the national solvency.” The report probably won’t have much impact on our...

China: Feeble Dollar Is Hurting Our Economy

'Out of control' printing of dollars is triggering inflation, says minister

(Newser) - China has countered American anger over its artificially low currency with a complaint of its own. America is printing dollars at an "out of control" rate, sending up commodity prices around the world and saddling China with "imported inflation," the country's commerce minister grouses. Inflation in China—...

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