New money hits the town
Even dead presidents need a makeover once in a while.
That was the case with Alexander Hamilton and the new 10 dollar bill put into circulation on March 2.
The most obvious change to the new bill is its updated color and image scheme. No longer a faded green, the bill now has a yellow-orange tone. Two red torches, one large and one small, appear on the new dollar, along with the words “We the People” across the Department of Treasury insignia.
Also, Hamilton’s portrait is no longer encased in an oval, and has been moved up to align with the lower border.
One feature that sets the new bill apart from its brothers, is the holographic image of Hamilton that can be seen when held to the light. No other bill currently has such a feature.
Along with a color changing numeral in its front lower-right corner and new microprint, these attributes could prove difficult for counterfeiters to duplicate.
According to Sergeant Kevin Paddock, chief detective at the Charleston Police Department, the city’s issues with counterfeit money vary from year to year. Some years the department may face 6 to 10 incidents, while others it may not face any.
“We really have not had much of a problem with them,” Paddock said.
Bank employees in Charleston are for the most part pleased with the measures taken to fight counterfeiters.
“I think it will help (against counterfeiting),” said Sarah Hendrix, a lobby supervisor at Citizen’s National Bank said. “It has a lot of different security features.”
However, there are mixed feelings in regard to the bill’s new look.
“It just doesn’t look like money anymore,” said Michelle Black, a teller at First Mid-Illinois Bank and Trust. “It looks like somebody spilled juice on it or something.”
Some Eastern students were impressed with the bill, and thought the updates give it a bit more style.
“It gives it a nice, European effect,” said Brent Walters, a senior marketing major. “I like the colors. It’s a little more modern than what we’re used to. It brings it up to date.”
But to others, a buck is simply a buck.
“It doesn’t really matter to me, said Karina Abbey, a sophomore family and consumer sciences major. “It’s just money.”