Chapotraphouse

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U.S. paper money will bear ‌President Donald Trump's signature starting this summer, the first time a sitting president has signed American money. (archive.ph)

submitted 3 days ago* (last edited 3 days ago) by InevitableSwing@hexbear.net to c/chapotraphouse@hexbear.net

33 comments fedilink hide all child comments

Summary

Trump signature to start appearing on $100 bill in June, marking 250th US anniversary

Change to delete US treasurer's signature for the first time since 1861

Signature plan latest Trump move to put his name on buildings, programs, ships, money

[...]

The first $100 bills with Trump's signature and that of U.S. Treasury ⁠Secretary Scott Bessent will be printed in June, followed by other bills in subsequent months. The new bills may take several weeks to circulate through banks.

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[–] SorosFootSoldier@hexbear.net 16 points 2 days ago* (last edited 2 days ago) (1 children)

Bit idea: a store that won't take pre trump signature 100 bills, loses money.

[–] Alcoholicorn@mander.xyz 7 points 2 days ago (1 children)

Theres a decent chance this actually happens.

Outside the US, older USD is worth less. When I paid the chinese embassy for my visa, they only took post 2021 100 notes and post 2017 20s.

[–] HakFoo@lemmy.sdf.org 3 points 2 days ago

This is likely about anticounterfeiting tech advancements.

You can pass a Series 1934 note just fine from a legal standpoint, but with the old style design and less advanced features (no watermarks/embedded thread/colour changing inks) people might not trust its legitimacy.

Some countries demonetize their old notes aggressively. If you want to spend the £10 note you parents had from a 2000s trip, you'll have to take it to the Bank of England to exchange for a newer one.