New Five Dollar Bill debuts at President Lincoln’s Cottage
The first new $5 bill with its purple glow was issued on March 13 by the Federal Reserve during a commemorative transaction at President Lincoln’s Cottage, a National Trust Historic Site in Washington, D.C. Officials from the Federal Reserve Board, U.S. Treasury, Bureau of Engraving and Printing, and U.S. Secret Service ushered the new $5 bill into circulation at the Lincoln Cottage museum store.
Michael Lambert, Assistant Director, Division of Reserve Bank Operations and Payment Systems at the Federal Reserve Board, spent the first new $5 bill on a book of President Lincoln’s speeches. President Lincoln’s portrait continues to be featured on this redesign of the $5 bill.
President Lincoln’s Cottage, recently restored and now open to the public, was chosen as the location to spend the first new $5 bill because of its historic significance to President Lincoln, the subject of the bill’s portrait. President Lincoln established the United States Secret Service the same evening he was assassinated and made safeguarding the nation’s currency from counterfeiters the agency’s primary mission.
For more details, vist the Department of the Treasury Web site with its “interactive $5 bill” and the Lincoln’s Cottage blog with several photos of the event via Flickr.
Filed under: Marketing, PreservationNation | Tagged: President Lincoln's Cottage
