Machines reject new $20 bills

[Ioman]

As colorful new $20 bills circulate around the nation, more consumers are finding out that the notes do not work on automated payment machines like those found in self-service checkout counters at grocery stores.

http://www.cnn.com/2003/US/Central/10/29/color.of.money.ap/index.html

bummer!

[llbbl]

At least they are working on fixing it. Anyone held one of these yet? I'm tempted to goto the bank just to check it out.

[Archon]

I've had several, lol. They look weird

[Cogar]

Originally posted by Archon
I've had several, lol. They look weird
Interesting. After an explanation by my bank teller why this new design was a "real" $20, I kept wondering, "so, what changed?" The coloring change is so subtle (especially to anyone who has been in other countries where the color differences and sizes between the different denominations is striking) that I wondered, "why did they bother?"

[llbbl]

They are trying to make it harder to forge. I wonder if they did any studies on how well it actually works.


NEW YORK CITY – October 9, 2003 – The most secure currency in U.S. history was introduced into the economy today, as a newly redesigned, colorful $20 bill was issued by the Federal Reserve System.


http://www.moneyfactory.com/newmoney/main.cfm/media/releases102003newyork

[IronSerif]

They are still accepting my fake $50's...so I'm still happy.