<Li> 1950: Design elements like the serial numbers are reduced in size and moved around subtly, presumably for aesthetic reasons . </Li> <Li> 1963: "Will Pay To The Bearer On Demand" is removed from the front of the bill below the portrait, and the legal tender designation is shortened to "This note is legal tender for all debts, public and private" (eliminating "and is redeemable in lawful money at the United States Treasury, or at any Federal Reserve Bank .") Also, "In God We Trust" is added above the White House on the reverse . These two acts (one taking U.S. currency off silver backing, and the other authorizing the national motto) are coincidental, even if their combined result is implemented in one redesign . Also, several design elements are rearranged, less perceptibly than the change in 1950, mostly to make room for the slightly rearranged obligations . </Li> <Li> 1969: The new treasury seal appears on all denominations, including the $20 . </Li> <Li> 1977: A new type of serial - number press results in a slightly different font . The old presses are gradually retired, and old - style serial numbers appear as late as 1981 for this denomination . </Li>

When is the new 20 dollar bill coming out