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Until 1974, dates on most US bills were changed only when there was a significant redesign. When a new Secretary of the Treasury or US Treasurer took office, a small letter would be placed near the date. The $1 bill series being issued when Barr served was started in 1963, and his was the third office change to occur so his signature appears on bills dated 1963-B. (The first bills in a series never have a letter, so A is the second issue, B the third, and so on).

The policy of using a new date only when a design changed produced some odd results in the days when designs were fixed for long periods. The oddest was the 1935 series of $1 bills which was actually printed with that date until 1965, even while the new 1963-dated bills were also being printed!

To rationalize the situation the Treasury modified its date policy in 1974. A new series date would be used not only for design changes but also when a new Secretary of the Treasury took office; a letter change would be made only when a new Treasurer was appointed. As a result modern bills have many different series dates, but series letters rarely even reach B.

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Q: Why are Barr notes dated 1963 when he served in 1968-69?
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