Following in the footsteps of the new colorized $20 and $50 notes, a redesigned $10 Federal Reserve Note will be introduced to the public Sept. 28.
Release of the new $10 note to circulation is anticipated in winter 2006.
The unveiling event will take place at 10 a.m. on Ellis Island in New York Harbor – raising speculation that the Statue of Liberty might be one of the note’s new design elements.
While it is not yet known what new design elements or colors will be incorporated into the new $10, the note will carry a series date of 2004A because it has facsimile signatures of Treasury Secretary John W. Snow and U.S. Treasurer Anna Escobedo Cabral.
Snow and Cabral will participate in the ceremony, as will Bureau of Engraving and Printing Director Thomas A. Ferguson, Federal Reserve Board Vice Chairman Roger W. Ferguson Jr. and Secret Service Director W. Ralph Basham.
Special ferries have been arranged dedicated to this event.
The Treasury has no current plans to redesign the $5 note, and has stated that the $1 and $2 definitely will not be redesigned.
The 2004A $10 will be third in the current wave of redesign, to be followed in roughly a year’s time by a redesigned $100, which will likely complete this redesign cycle.