All About The Benjamins! The Look Of The New $100 Bill
The US Federal Reserve recently announced that its redesigned $100 bills will go into circulation on October 8.
The rollout, originally planned for 2010, was delayed by production issues with the blue ribbon that’s threaded through the note.
Nearly 80% of all US currency is denominated in $100 bills.
There were more than 820 million Ben Franklins out in the world at the end of last year, making it the most popular bank note, by value, among the world’s major currencies.
The bills are popular among traffickers of drugs and weapons and are also used in unstable economies as a reliable store of value.
The new $100 bills include security features designed to thwart counterfeiters. They still feature Franklin, one of only two people on a US bank note who was never president of the country. His collar is now decorated with “The United States of America” in tiny lettering, and a ghostly visage of him appears when the bill is held up to light.
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