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Bureau of Engraving and Printing company history timeline

1929

1929 Federal Reserve Note Standardized Design The first sweeping change to affect the appearance of all paper money occurs in 1929.

1938

1938 Annex Building BEP operations begin in the “Annex Building". The building is officially dedicated in November, 1938.

1939

1939 Food Stamps The BEP begins printing Food Order and Surplus Food Order stamps.

1940

The Cotton Order and Surplus Cotton Order stamps follow in 1940.

1942

1942 Hawaii Overprints The BEP receives an order for special $1, $5, $10, and $20 notes overprinted with the word “Hawaii.” The overprinted notes replace regular currency in Hawaii.

1943

Production begins in July, 1943.

1943 Allied Military Currency The War Department places an order for Allied Military Currency (AMC). The first AMCs are used by Allied forces in Italy.

1946

1946 Military Payment Certificates The BEP begins work on Military Payment Certificates for use by United States troops.

1951

1951 Congressional Appropriations The BEP begins operating on a reimbursable basis in accordance with a legislative mandate to convert to business-type accounting methods.

1952

1952 18-Subject Sheets The BEP begins conversion from 12- to 18-subject sheets in currency production.

1957

The first notes printed by this process are the series 1957 silver certificates.

1957 32-Subject Sheets The BEP begins producing currency on high-speed rotary presses that print notes via the dry intaglio process.

1966

Issuance of the $2 United States Note had been halted in 1966 as United States Notes were phased out of existence.

1969

1969 High-Denomination Notes The Treasury Secretary announces that currency in denominations larger than $100 will no longer be issued.

1976

1976 $2 Federal Reserve Note The $2 Federal Reserve note is re-introduced on the 233rd anniversary of Thomas Jefferson’s birth.

1990

The features first appear in Series 1990 $100 notes.

1990 Security Thread and Microprinting A security thread and microprinting are introduced to deter counterfeiting by advanced copiers and printers.

1990 Western Currency Facility The BEP’s Western Currency Facility in Fort Worth, Texas begins producing currency.

According to the Nielson Report, 25 percent of purchases made in the United States in 1990 involved cash.

1993

By Series 1993, the features appeared on all denominations except $1 and $2 notes.

1996

1996 Currency Redesign In the first significant design change in 67 years, United States currency is redesigned to incorporate a series of new counterfeit deterrents.

The United States Department of the Treasury hired public-relations firm Burson-Marsteller in 1996 to spearhead a worldwide public education campaign to introduce the newly designed currency.

2002

In 2002 Burson-Marsteller was hired again, this time to introduce the new colorized $20 bill, which would be followed by other denominations.

2003

More Secure" marketing campaign to introduce to the world the new $20 bill, which was set to begin distribution through commercial banks on October 9, 2003.

Moreover, the new $20 bill itself was named one of the "Best Products of 2003" by BusinessWeek and Fortune magazines.

2004

2004 Redesigned $50 Note The currency redesigns continue with the $50 note, issued on September 28, 2004.

In 2004 it won top honors for Global Campaign of the Year at the PRWeek Awards, present by PRWeek, a trade publication serving the public-relations field.

2005

2005 Final Postage Stamp Run The BEP produces its final run of postage stamps, printing the 37-cent Flag on the Andreotti gravure press.

2013

2013 Redesigned $100 Note On October 8, the Board of Governors of the Federal Reserve System issues the redesigned $100 note.

2014

2014 50-Subject Printing On February 14, BEP ushers in a new era by completing its first $1 note 50-subject production order.

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