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"The Federal Reserve is
a complex organization, and many Americans understand
very little about how it carries out its duties and
impacts their lives, let alone how it is evolving in
the changing environment. Yet, this understanding can
contribute significantly to public well-being and to
the Federal Reserve’s policy goals as well. The
Federal Reserve has been long committed to enhancing
public understanding of its activities, the economy,
and the financial system through a variety of outreach
programs and educational materials."
- Janet Yellen, President, Federal
Reserve Bank of San Francisco. |
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The New Look of Currency
Beginning in March, all Twelve Federal Reserve Districts will
introduce the new $10 bill into circulation. This bill has
several distinctive design and security features. There are
seven new design features, such as a noticeable color change
and the use of the Statue of Liberty torch image. Additionally,
the new $10 bill has three security features as shown
below;
| The Watermark: |
 The watermark
is visible by holding the new $10 bill up to the light.
A faint image of Alexander Hamilton is located on the lower
right side of the bill. |
| • |
Additionally, and unique to the $10
bill, surrounding the watermark is a blank oval shape which
is meant to highlight the watermark. |
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| Color-shifting
Ink: |
 The color shifting ink
is visible by tilting the new $10 bill up. The small number
10 on the lower right side will shift from copper to green. |
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| The Security
Thread: |
 The security thread is
visible by holding a new $10 bill up to the light. To the
right of the portrait is a thin strip embedded in the paper. |
For more information about the new $10 bill
or to download FREE currency curriculum visit the Bureau
of Engraving and Printing’s website.
Did you know the first $10 notes were issued in 1861
and that Abraham Lincoln’s portrait was on the face
of the bill? Have students test
their currency knowledge by taking
an on-line quiz!
 Dr. Econ talks currency!
The Dr. describes how currency is included in the measures
of the money supply….
Econ Ed and the Fed is a publication of the Federal
Reserve Bank of San Francisco. Reaching approximately
10,000 educators throughout the western U.S., it’s
provided as part of the Fed’s
commitment to economic and financial education.
Views expressed are not necessarily those of the Federal
Reserve Bank of San Francisco or the Federal Reserve
System. Articles may be reprinted or reproduced if
the source is credited. Please send a copy of the reprinted
materials to the editor.
Andrea Davis,
Editor
Contributors to this issue: Gary
Zimmerman, Economist, Yelena Takhtamanova, Economist,
Renee Courtois, Research Analyst, Jody Hoff, Economic
Education and Public Programs Manager, and Darcy Horak,
Economic Education and Public Programs Specialist.
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