(CNNMoney) — Move over Alexander Hamilton. You’re getting company on the $10 bill and her name is …
On Wednesday, U.S. Treasury Secretary Jack Lew said a woman will be featured on a redesigned $10 bill in 2020 — the 100th anniversary of the Constitution’s 19th Amendment, which gave women the right to vote.
A decision on who the woman will be won’t be made for several months.
The last woman on U.S. paper currency was Martha Washington, who was on the $1 Silver Certificate between 1891 and 1896.
“We have only made changes to the faces on our currency a few times since bills were first put into circulation, and I’m proud that the new 10 will be the first bill in more than a century to feature the portrait of a woman,” Lew said.
Lew, who will make the final decision on who will grace the currency, is asking the public for help.
What’s his criteria? Lew wants the next generation of U.S. currency to underscore the theme of American democracy. The portrait must also — by law — be of someone who is no longer living.
Hamilton, who was the nation’s first treasury secretary, has been on the $10 bill since 1929. He replaced Andrew Jackson, who was the seventh president.
Jackson moved to the $20 bill, where he remains today.
The $20 was at the center of a recent campaign to put a woman on U.S. currency. But Treasury had already pegged the $10 as the next one to be updated.
Bills are flagged for updates mainly for security reasons, Lew said. It was a “happy coincidence” that a push to put a woman on American money happened as the $10 note came under consideration.
Lew said Hamilton will also be a part of the new design. He said it’s up for discussion whether Hamilton will appear alongside a woman or be the centerpiece of one version of the new bill.
Either way, the Hamilton $10 isn’t going anywhere soon, since there are about 1.9 billion $10s in circulation today.
In another first for American greenbacks, the new $10 bill will include a “tactile feature” to allow blind people to distinguish it from other denominations.
More information at https://thenew10.treasury.gov/