The Chip Board
Custom Search
   


The Chip Board Archive 19

Re: NCR, BankNote Security.....

.. about 6¢ per note regardless of the denomination.

Denomination Life Span

$ 1 ..............16 months
$ 5 ..............18 months
$ 10 .............21 months
$ 20 .............24 months
$ 50 .............55 months
$100 .............89 months

The USA Printed 1.7 billion in notes in 1 year the majority were $1~5 notes @ 6¢ per note (you do the math) is a HUGE amount of money. The USA has re-designed all the denominations except the $1, they want to phase it out and replace it with hard currency (a coin) because it last longer (30 years I think is the life expectancy) most other countries have made the 1 denomination a coin. Americans do not like $1 coins, the Susan B Anthony, Sacagawea, and the Gold Presidential dollars have flopped horribly. The $1 note may possibly go to polymer.

Australia and other countries use polymer (plastic film) and their notes cost more to print but they last 10 years in circulation.

Messages In This Thread

NCR, BankNote Security.....
Re: NCR, BankNote Security.....
Re: NCR, BankNote Security.....
Re: NCR, BankNote Security.....
Re: NCR, BankNote Security.....
But I haven't been able to figure out
Re: But I haven't been able to figure out
But it won't be slowed this way
Re: But it won't be slowed this way
Even so
Re: Even so
Re: Even so

Copyright 2022 David Spragg