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V21 2018 INDEX       E-SYLUM ARCHIVE

The E-Sylum: Volume 21, Number 16, April 22, 2018, Article 33

WHAT HAPPENED TO THE HARRIET TUBMAN PLAN?

Here's news of a numismatic non-event - the U.S. Treasury's lack of plans to implement the previously-announced placement of Harriet Tubman on the $20 bill. -Editor

Harriet Tubman mock-up $20 note

When a Harriet Tubman scholar found out in 2016 that the abolitionist she studied for decades was going to be the new face of the $20 bill, she cried.

“Here you have an African American woman, formerly enslaved who fought and struggled her whole life for freedom and equality.” Kate Larson said.

But Larson and others eager to withdraw Tubmans from the bank may have to wait longer than expected. Two years ago this week, Treasury Secretary Jack Lew announced redesigns for the $20, $10, and $5 bills that would honor civil rights and women’s rights icons: Tubman, Alice Paul, and Marian Anderson. Lew said the new note designs would debut by 2020, 100 years after women gained the right to vote.

But now the Trump administration is putting the plan on the backburner, according to the Treasury department.

A spokesperson for the Bureau of Engraving and Printing told The Daily Beast that the redesigns have not been finalized or approved for circulation. The next note set to be released is the $10 bill, and the redesign won’t enter circulation until 2026, according to a spokesperson.

Before Lew’s announcement, the Treasury Department’s Advanced Counterfeit Deterrence Steering Committee signaled that a new $10 bill would be rolled out first, followed by the $50 bill, and then the $20 bill. The release dates for all the new notes could be pushed back even further to fight counterfeiting, according to a spokesperson. That means the public may not see the Tubman $20 bill until years, even decades after the original 2020 design release date.

To read the complete article, see:
What Happened to the Plan to Put Harriet Tubman on the $20 Bill? (https://www.thedailybeast.com/what-happened-to-the-plan-to-put-harriet-tubman-on-the-dollar20-bill)



Wayne Homren, Editor

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