Shocking Dollar Bill Changes Coming in 2025 – Here’s What You Need to Know
Counterfeiting money has become virtually a game for everyone involved. Governments do their utmost to secure their currency. In contrast, criminals utilize technology to their advantage to outwit the government and other institutions that accept the currency and may not be as up-to-date in the security procedures to defend it. However, this is why the US Bureau of Engraving and Printing (BEP) is constantly working to enhance US Dollar designs so that they are “resistant to increasingly sophisticated counterfeit attacks” and educate businesses and consumers on how to avoid phony bills.
What do you think you should know about counterfeit bills?
The first thing to know is that there are currently seven different denominations of US currency banknotes in circulation and print: $1, $2, $5, $10, $20, $50, and $100.Other denominations were previously used and remain legal money, but they are relatively uncommon, with the majority now in collections and significantly more valuable than their printed value. The bills currently in print differ from other legal tender notes that are no longer active. They are periodically destroyed when they become too damaged to remain in circulation. They are redesigned regularly, with changes made to improve their security rather than appearance.
The BEP states, “This sequence addresses risk mitigation and counterfeiting concerns.” However, no bill is 100% counterfeit-proof. The Advanced Counterfeit Deterrence (ACD) Steering Committee, which includes stakeholders from the BEP, the Federal Reserve Board, the Federal Reserve System, Treasury, and the US Secret Service, works hard to ensure that the new designs are challenging to replicate and that any counterfeit bill is identified and destroyed. Still, it is difficult to control, given the daily bill volume that changes hands. This is significant because, according to the US Department of Treasury, an estimated $70 million in counterfeit notes are already in circulation. This may be an optimistic estimate, as other analysts believe the sum is closer to $200 million, considering its widespread significance as a reserve currency.
Finally but not least, how to spot a counterfeit US $1 bill
- Check for color-shifting ink.
- Check for raised printing.
- Check for blurry borders, red and blue threads, and a watermark on the bill.
- Check the security thread.
- Check new $100s for security ribbons.
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