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from the banknotes-for-discerning-gentlemen dept.
The US Treasury Department says a redesigned $10 note will feature a woman, but who she will be has not been decided. The new note will debut in 2020 to mark the 100th anniversary of the US Constitution's 19th amendment, which gave women the right to vote. The treasury will seek the public's input in the selection, looking for a "champion for our inclusive democracy".
The woman who the Treasury Department ultimately selects will replace Alexander Hamilton, a key figure in the American Revolution and the first secretary of the US Treasury. Hamilton began appearing on the $10 note in 1929. He along with diplomat and inventor Ben Franklin are the only non-presidents featured on current US notes.
Women have been featured on US money before, but the notes and coins were not widely used. Most recently women's rights activist Susan B Anthony and Native American Sacagawea appeared on dollar coins, but both coins quickly went out circulation.
Who should it be?
Additional coverage: NYtimes.com
Original Submission
(Score: 2) by CRCulver on Saturday June 20 2015, @07:51AM
With regard to the Sacagawea dollar, this is a myth. Well over a billion coins were minted in the first year. However, the misconception by the American public that this was something rare and unusual did lead to many people hoarding them away instead of spending them.
(Score: 1) by Francis on Saturday June 20 2015, @01:41PM
Right, they're not rare, it's just that there isn't a slot for them in a cash register. Same goes for the $2 bill that they keep printing.
I think the $10 bill makes the most sense as we don't normally remove Presidents from currency
The only way that people will stop using the $1 is if they stop printing them..
(Score: 2) by frojack on Saturday June 20 2015, @09:34PM
Not rare? Then try to find one in your daily dealing with coins.
There are bags of them sitting in the treasury because nobody wants them in commerce.
Vending machines either don't accept them, or accept them as quarters.
No, you are mistaken. I've always had this sig.
(Score: 2) by CRCulver on Sunday June 21 2015, @01:05PM
Whether they are commonly used has nothing to do with how many were produced. The claim in the post above that only a small quantity was produced is simply wrong.
Again, just because no one wants them in commerce and the Treasury is supposedly holding on to large stocks, doesn't negate the fact that a large quantity were minted in the year of launch.