Well … after spending the last few day asking people to check their wallets , purses and stash jars for cash that is dated 2010 or later , no one has yet to find any.
So I am doing some further research , perusing the government sites to see if perhaps it’s simply a matter of them holding back new currency for several years before releasing into the wild so to speak.
One thing I have found interesting here on the New York Fed Site , is the life span of the currency itself check it out.
“As shown in the table below, the life of a note varies according to its denomination. For example, a $1 bill, which gets the greatest use, remains in circulation an average of 21 months; a $100 bill lasts about 7.4 years.”
Hear in 2010 they talk about releasing the new $100 bill in 2011 , I have yet to see one past 2009 .
“There was approximately $1.19 trillion in circulation as of June 5, 2013, of which $1.15 trillion was in Federal Reserve notes.
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