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Paper Money Series Change Coming?
November 03, 2010

Will we see a new series of Federal Reserve Notes as the result of this year’s elections?

Could be.

The series date would change should a new secretary of the Treasury be appointed.

That would make it a Series 2011. Funny, I just received my first 2009 series $1 Federal Reserve Note at lunch on Monday. Perhaps that is why I am thinking about the future of paper money.

One way a President signals that he has gotten the message from the voters and plans to chart a new course is to change cabinet officers.

Such a cabinet shuffle has impact only if it affects the major departments such as State, Defense and Treasury.

Since the Treasury Department has been at the heart of all of the recent financial storms and the Treasury Secretary is the lightning rod for all of the pent up frustrations of voters, members of Congress and even foreign finance ministers at international conferences, the secretaryship would be the office to change.

Will it happen?

What do you think?

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About the Author
David C. Harper has been a coin collector since 1963. He joined the Krause Publications editorial staff in 1978 and is currently editor of Numismatic News and World Coin News. He also edits two books annually, North American Coins & Prices and Coin Digest. He is the author of the Class of '63 column that runs each week in Numismatic News. His first bylined numismatic article appeared in the June 1971 issue of Coins Magazine and his various Krause Publications assignments included a stint as editor of the magazine 1980-1983. Harper received a bachelor of science degree from the University of Wisconsin-Oshkosh in 1977. He had a double major of journalism and economics.

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