Coin and Paper Money Collecting/ERROR $1 BILL

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Question
I HAVE A $1 BILL WITH THE SEALS AND THE SERIAL #'S ON THE BACK - I BELIEVE THIS TO BE CONSIDERED A 3RD PRINT ERROR - FROM WHAT I HAVE READ. BUT THE MAIN QUESTION IS - IT IS ISSUE SERIES 1981A SIGNED BY KATHERINE ORTEGA - SHE DIDN'T BECOME TREASURER UNTIL SEPTEMBER 1983. WHY IS SHE SIGNING A 1981A $1 BILL?

Answer
Beverly:

The signatures are correct. Currency dates do not match the actual print time. From http://wiki.answers.com/ "The "A" next to the date on a US bill usually means it's the second issue in a particular series. Unlike the dates on coins, dates on US bills don't indicate the year it was issued. Instead, the date indicates when a particular "series" was first started.

Up till 1974, a "series" normally included all bills with a particular design. The first bills in a series had no letter by the date. When a new Secretary of the Treasury or US Treasurer was appointed, an A would be added to the date. If another officer was appointed the letter would change to a B, and so on. The most extreme example was the 1935 series of $1 silver certificates. The same design was used from 1935 to 1965 and the series letters went up to H.

In 1974 the policy was changed so that a new series date would be used whenever a new Secretary of the Treasury takes office, and a letter is added only when a new Treasurer is appointed. Because of that, series letters now rarely go beyond B or C."

Your 1981A note was printed from Printed March 1984 through July 1985. Signatures: Ortega-Regan. See: http://www.uspapermoney.info/serials/f1981as.html

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Ronald Fern

Expertise

I can answer most all questions relating to US coins, tokens, and currency. I'm not strong on world coins or ancients. Primary field of expertise is errors and varieties. Over 55 years experience in coin collecting. Part time dealer since 1976. Employed by McDonnell Douglas/Boeing for over 34 years as an Industrial Engineer/Technical Specialist before retiring in 2002.

Experience

Worked weekends for "Lonesome" John in the late 1960's to mid 1970's processing error coins, packaging, and preparing orders. Worked with John Devine and Fred Weinberg on several California Error A Rama's in the early 1970's. Served as display judge at annual Error-A-Rama coin shows. Opened and operated mail order coin business DBA "CAL ERRORS" in 1976. Contributor to Alan Herbert's "Official Price Guide To Mint Errors" and Fivaz/Stanton "Cherrypickers' Guide". Worked Saturdays at Huntington Beach Coin Exchange 1980-1999. Had table and sold coins at a number of coin and gun shows in So CA, AZ and NV. Sell coins, tokens and currency on Facebook. Past "Errorscope" Editor. Presently CONECA Examiner.

Organizations
ANA, CONECA, CWTS, NLG

Publications
Errorscope, Numismatic News, Civil War Token Journal, Error and Variety News

Education/Credentials
AA Degree LBCC pre Engineering, 1964 BS Degree CSULB Ind Technology, 1968

Awards and Honors
1st Place EAR Trophy for Civil War Token Errors, NLG Author of Year Award for best monthly coin column "Error News and Views" in small Numismatic paper, owned and published by Ray Anthony.

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