bills

Five people were arrested in Southern California earlier this week for allegedly counterfeiting between $5 and $6 million in phony $20s and $100s over the past two years. Laserjet printers were apparently used to make the money, and it all happened within a residential home in Lawndale, California. According to an Associated Press article, those […]

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Penny, Dollar Bill and Dollar CoinA new poll by Harris Interactive® reflects American’s favor for the Lincoln penny, its preference for the $1 bill and the uphill battle the U.S. Mint is fighting to get new Presidential $1 coins into daily circulation.

Presidential $1 dollar coins not making it into circulation

For the latter two topics, there has been no shortage of articles within numismatic publications relaying the overwhelming realities of the near impossible task of a dollar coin competing head on with the lighter, and more convenient to use dollar bill. And while the word "many" has been used to describe those who have not yet seen the Presidential $1 coins used in circulation since their 2007 introduction, an overwhelming 75% of Harris Poll respondents say they have not seen a single dollar coin in circulation.

Given the U.S. Mint produced nearly 941 million presidential $1 coins in 2007 alone, or enough for every U.S. man, woman and child to each have three, the 75% figure highlights that while the coins may be attractive to collectors, so far they have not proven practical for use. In that regard, they lose to the paper dollar just like previous $1 coins.

Read the rest of this numismatic news article »

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A new bill was introduced yesterday that proposes the elimination of the Canadian penny. Abolishing a country’s smallest denominated coin is not new. It has certainly happened in the past, and several countries are publicly debating the issue or implementing a recall of their smallest coin right now. As examples, in recent months and weeks […]

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The newly redesigned $5 bill entered circulation March 13, 2008. While it will take time for everyone to receive their first $5, those that have seen it love it. Well, that’s what the Bureau of Engraving and Printing (BEP) is saying at least. Based on their latest video showing consumer reactions to the $5, it’s […]

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Making dough is common place in a pizza shop kitchen. Making fake dough, as in counterfeited $50 bills, is not so common. Police arrested Frank Donato back in October of 2007. At the time, Fox News reported the owner of a Dobbs Ferry, N.Y., pizzeria was cooking up more than pizza.

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The first new redesigned Lincoln $5 bills will start arriving in banks on March 13. On the same day, the very first $5 note will be spent in the gift shop of President Lincoln’s Cottage at the Soldiers’ Home in Washington, D.C. Back in September of 2007, the Bureau of Engraving and Printing (BEP) for […]

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While Congressman Ron Paul [R-TX] is running for President, he is also attempting to create new law. On February 13, 2008, Mr. Paul introduced a bill titled, the Tax-Free Gold Act of 2008. Should the bill become law, it would eliminate taxes and fees on certain coins and bullion.

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