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New color $5 Federal Reserve Notes had first spend March 13th

The new color $5 Federal Reserve Notes, featuring a larger portrait of Lincoln, a circle of stars, along with two different 5 watermarks and a large purple 5 on the back have been released March 13th.

The first spend event was at the gift shop at the recently restored cottage that Abraham Lincoln used as a "summer" White House on the grounds of the Armed Forces Retirement Home in northwest Washington DC.

The new bills will eventually work their way into the banking system, and you should be seeing some soon.