The new design is part of the government’s ongoing efforts to stay ahead of counterfeiting and protect the integrity of U.S. currency. The new $50 note, which will be issued this fall, is the second denomination in the Series 2004 currency. The first was the $20 note, which began circulating last October.
Current estimates put the rate of counterfeit $50 notes in circulation worldwide at less than 1 note for every 25,000 genuine $50 notes in circulation.