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Will a US $1 bill printed in 2011 be *otherwise identical to ones printed in 2009?

Background: US currency, in general, is under fire, the $1 bill may someday be replaced by a commonly used coin ... So, will a US $1 bill, printed in 2011 be identical to ones printed in 2009?

Settlement details:As reported by a major mainstream news source.

 
Forecast history %
2011 $1 bill changes signature and/or date only
39%
2011 dollar bill has any other changes
31%
Paper $1 bill printing stops - any reason end 2011
18%
Any other outcome not covered
12%
Question suspends in 2 years

Suspend date: Sat 31st Dec 2011 11:59pm PST (2 years to go)

Initial likelihoods: 2011 $1 bill changes signature and/or date only: 45%, 2011 dollar bill has any other changes: 37%, Paper $1 bill printing stops - any reason end 2011: 15%, Any other outcome not covered: 3%

Action history:

Created Thu 24th Sep 12:01pm PST by valornhonor

Suspend date: Sat 31st Dec 2011 11:59pm PST (2 years to go) details

 

Predictions (28)

3 weeks ago
sdchargers[Power User] predicted 2011 $1 bill changes signature and/or date only (H$250 at 37%)
3 weeks ago
zvassil predicted 2011 dollar bill has any other changes (H$800 at 27%)
3 weeks ago
zvassil predicted Paper $1 bill printing stops - any reason end 2011 (H$750 at 13%)
7 weeks ago
cici predicted 2011 dollar bill has any other changes (H$2 at 31%)
7 weeks ago
cici predicted Paper $1 bill printing stops - any reason end 2011 (H$2 at 18%)

Comments (15)

By George, will the one dollar bill dissolve away?
posted 8 weeks ago
  2 cici
I hate these 2 year questions, but, since you asked, the $1 bill will replace the 1 cent.
posted 8 weeks ago
cici I'll try to come up with a short horizoned Q, just for you dear.

XXX OOO
V&H
posted 8 weeks ago
  4 frogchop
The penny is worth more, at least it contains copper and zinc. The dollar is nothing but ink, cotton and paper.
posted 8 weeks ago
  5 bayoubear[Admin]
OK...there are three primary changes that can take place as a normal occurence, which would be covered by the first option....changes in the signatures (there are two, Secretary of the Treasury and Treasurer of the United States) and the series date, such as the one I'm looking at (Series 2003 A)....

Someone needs to check and see who the most recent signatures and series date is, so we can use that as a basis for settlement....

Option 2 would take into consideration other changes, such as those design changes that have occurred with the other denominations, such as 5s, 10's, etc.

So if bills being printed in 2011 have only changes in signatures and dates, option one wins...if there is a design change for the 2011 bills option two only wins since that change will necessitate a change in the series and dates....

If no paper dollars are being printed in 2011 and coins or no $1 currency is being released then option three only wins

If anything other outcome (unimagined at this time) occurs first during 2011, then that wins.

Whichever option occurs first in 2011 will be the winner...i.e., if signatures change before designs change during 2011, that will be the winner..........

Thanks Valor...love these simple questions....(and yes, my tongue is in my cheek)
posted 8 weeks ago
BB you have suc·cinct·ly catalouged the options I envisioned, thank you very much!
posted 8 weeks ago
  7 tgallag2
So if there are no changes to the dollar bill in 2011 than "Any other outcome" wins, correct?
posted 8 weeks ago
  8 chatarra
One other change could also occur, but I have been waiting for it to happen, to no avail. (not for me)
Sight impaired people have been asking for an easy way to identify different denominations. This will most likely be a size difference, although some sort of braile bumps have been suggested as well. Problem is - any type of braile embedded into a bill, could fade away as the dollar bill ages and becomes worn rendering the improvement useless.
posted 8 weeks ago
  9 pics4d
oh yeah, i've heard about that...didn't someone sue the gov't over that?
posted 8 weeks ago
"The penny is worth more, at least it contains copper and zinc. The dollar is nothing but ink, cotton and paper."

And a diamond's contents are the same as that in a lump of coal -- just arranged a little differently.
posted 8 weeks ago
  11 bookie
I think this will be the new look... http://richardsmith.posterous.com/tag/usdollarbilldesign

Um, serial numbers are always changing... I assume that doesn't count?

I'm not sure what would count as 'Any other outcome' but the Treasury does say that they plan to change all the notes every 7-8 years, must be the $1 turn soon.... http://www.treas.gov/education/faq/currency/portraits.shtml

unless of course they go to coins. But the argument - that the coins last longer and are therefore better value than the notes - may be strong, but the paper dollar has advantages in terms of weight and flexibility. I don't think it will go quite that soon! (By 2017 maybe...)
posted 8 weeks ago
@ #7 ... No Changes = Other, yes.
posted 8 weeks ago
  13 bayoubear[Admin]
Other countries have adjust to the use of coins for the small denominations...I know in the UK the smallest note is a 5 pound one, and I think with the Euro the smallest is also worth 5 Euros...people can get use to dealing with coins...probably most of our grandparents and great-grandparents dealt mainly in coins...before prices went up so much as to require paper money to pay for things....
posted 8 weeks ago
  14 bookie
@13 at the risk of sounding like a fringe pedant, I would 'note' that here in Scotland £1 bills are still being printed by at least 2 of the 3 issuing banks; I believe that Northern Ireland may still have a £1 note as well. and possibly the Isle of Man, though don't quote me! However even so the £1 note is not widely used any more, but the same is nearly true of the £5 as well (the few you see are crumpled and weak) - arguably the side effects of ATMs which issue only 10s and 20s (fifties are very rare and hundreds almost non-existent, outside of casinos).

But adjust to coins? Well, perhaps, though the coins are heavier here - and people complain about having to have stacks of them. Ironically, of course, it is likely that our grandparents and greatgrandparents used fewer coins - and welcomed them even less. In the UK, there were notes smaller than £1 - I'm sure there was a 1/2 pound - 10 bob (shillings) - note, and I think a five bob as well, while there were fewer types of coins issued at any one time than now. In the USA, I think - except for the Depression era - the same would apply, as after all paper money has been around for more than 300 years, and for a good reason - capitalism wouldn't work without it, or an electronic equivalent.
posted 8 weeks ago
  15 bayoubear[Admin]
Excellent comment...if nothing else, this question will improve our knowledge...as so many of Valor's questions do...he has a knack
posted 7 weeks ago

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