New 100 dollar bill comes out

[Brock Landers]

Aiming to stay a step ahead of counterfeiters, the government is planning to show its new design for the $100 bill later this morning.

Wraps will come off the facelift for Benjamin Franklin at an 9:30 a.m. ceremony in the ornate Cash Room at the Treasury Department, the site of Ulysses Grant's first inaugural ball in 1869.

Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke will do the honors.
See also

• Historical $100 bills

The government says its decisions on redesigning currency are guided by assessments of counterfeiting threats, from digital technology or old-fashioned printing presses.

The C-note -- the highest value of all U.S. bills -- circulates widely around the globe.

The unveiling of the new design is the first step in a global campaign by the Treasury Department, the Federal Reserve Board and the Secret Service to inform users of the bill of the changes before it starts circulating, Treasury said in a news release.

http://www.newmoney.gov/newmoney/Default.aspx

[Boner_18]

Last time one came out really legit counterfeits turned up in China w/in a week.

[Brock Landers]

Last time one came out really legit counterfeits turned up in China w/in a week.

this bill looks amazingly complicated.

[Brock Landers]

[ATTACH]11301[/ATTACH]

[ATTACH]11303[/ATTACH]

[ATTACH]11305[/ATTACH]

[ATTACH]11307[/ATTACH]

[ATTACH]11309[/ATTACH]

[ATTACH]11311[/ATTACH]

[ATTACH]11313[/ATTACH]

[Brock Landers]

[ATTACH]11315[/ATTACH]

[ATTACH]11317[/ATTACH]

[ATTACH]11319[/ATTACH]

[ATTACH]11321[/ATTACH]

[ATTACH]11323[/ATTACH]

[Brock Landers]

JJ, seeing this much cash makes me want to ***

[gcarp707]

wow thats pretty cool to see how much the bills have changed over the years

[Jiggy Fly]

[pat venditto]

hahahaha jjgold should be on the 100$ bill.

[Junkyard Dog]

jiggy

[PuckOff]

Why do you Yanks have the same colour bill for all denominations? It's time to catch up to the rest of the world.

[Doug]

wow thats pretty cool to see how much the bills have changed over the years

The size has also changed, the old ones were much larger physically.

It's pretty sad that the gov't no longer allows us to have real cash. The largest bill being $100 is a joke, that barely buys a tank of gas and lunch. That $100 from the 19th century was worth more like $5,000 in today's dollars, and I believe they also had $500 and $1,000 bills back then. Now it's almost a crime to have over 10k in cash.

This new bill does look very hard to counterfeit.

[Jiggy Fly]

jiggy

He He

[tblues2005]

I expected the new $100 bill to look really different and it sure looks like it does.

[Jiggy Fly]

I wanna play Liar's poker with 100 dollar bills. That would be intense!!!

[rm18]

Yeh time to have bigger bills I think, and valuable coins as well

[donkdown]

LOL

[str]

If you look at Franklin's expression from the old to the new, it looks like hes getting irritated with all this stuff.

[Jiggy Fly]

If you look at Franklin's expression from the old to the new, it looks like hes getting irritated with all this stuff.

Yeah it does!!

[gimme2dollars]

Why do you Yanks have the same colour bill for all denominations? It's time to catch up to the rest of the world.

Um, because we don't want to look like we are playing fukkin monopoly?

[Doug]

Yeh time to have bigger bills I think, and valuable coins as well

It won't happen. The gov't doesn't want you to be able to move cash around. Bills weigh one gram. A million dollars in $100 bills ( 10,000 bills or grams) weighs 22 pounds, try getting on a plane with that !

High denomination coins won't work.

Large denominations of United States currency
From Wikipedia, the free encyclopedia
Jump to: navigation, search

Today, the base currency of the United States is the U.S. dollar, and is printed on bills in denominations of $1, $2, $5, $10, $20, $50, and $100.
Series 1934 $100,000 bill, Obverse
Series 1934 $100,000 bill, Reverse
Series 1918 $10,000 bill, Obverse
Series 1918 $10,000 bill, Reverse
Series 1918 $5,000 bill, Obverse
Series 1918 $5,000 bill, Reverse
Series 1928 $1,000 bill, Obverse
Series 1928 or 1934 $1,000 bill, Reverse
Series 1928 $500 bill, Obverse
Series 1928 or 1934 $500 bill, Reverse

At one time, however, it also included five larger denominations. High-denomination currency was prevalent from the very beginning of U.S. Government issue (1861). $500, $1,000, and $5,000 interest bearing notes were issued in 1861, and $10,000 gold certificates arrived in 1865. There are many different designs and types of high-denomination notes.

The high-denomination bills were issued in a small size in 1929, along with the $1 through $100 denominations. The designs were as follows, along with their 1929 equivalents in current purchasing power (except for the $100,000 bill, which uses the 1934 equivalent):

* $500: William McKinley, equal to $6,351 in 2010 dollars
* $1,000: Grover Cleveland, equal to $12,701.75 in 2010 dollars
* $5,000: James Madison, equal to $63,508.77 in 2010 dollars
* $10,000: Salmon P. Chase, equal to $127,017.54 in 2010 dollars
* $100,000: Woodrow Wilson, equal to $1,624,937.66 in 2010 dollars

The reverse designs featured abstract scrollwork with ornate denomination identifiers. All were printed in green, except for the $100,000. The $100,000 is an odd bill, in that it was not generally issued, and printed only as a gold certificate of Series of 1934. These gold certificates (of denominations $100, $1,000, $10,000, and $100,000) were issued after the gold standard was repealed and gold was compulsorily purchased by presidential order of Franklin Roosevelt on March 9, 1933 (see United States Executive Order 6102), and thus were used only for intra-government transactions. They are printed in orange on the reverse. This series was discontinued in 1940. The other bills are printed in black and green as shown by the $10,000 example (pictured at right). Although they are still technically legal tender in the United States, high-denomination bills were last printed in 1945 and officially discontinued on July 14, 1969, by the Federal Reserve System.[1] The $5,000 and $10,000 effectively disappeared well before then: there are only about two hundred $5,000 bills, and three hundred $10,000 bills known, of all series since 1861. Of the $10,000 bills, 100 were preserved for many years by Benny Binion, the owner of Binion's Horseshoe casino in Las Vegas, Nevada, where they were displayed encased in acrylic. The display has since been dismantled and the bills were sold to private collectors.

Circulation of high-denomination bills was halted in 1969 by executive order of President Richard Nixon, in an effort to combat organized crime. The Federal Reserve began taking high-denomination bills out of circulation that year; as of May 30, 2009, there were only 336 of the $10,000 bills in circulation; 342 remaining $5,000 bills; and 165,372 $1,000 bills still being used.[2] Due to their rarity, collectors will pay considerably more than the face value of the bills to acquire them.

For the most part, these bills were used by banks and the Federal Government for large financial transactions. This was especially true for gold certificates from 1865 to 1934. However, the introduction of the electronic money system has made large-scale cash transactions obsolete; when combined with concerns about counterfeiting and the use of cash in unlawful activities such as the illegal drug trade, it is unlikely that the U.S. government will re-issue large denomination currency in the near future. According to the US Department of Treasury website, "The present denominations of our currency in production are $1, $2, $5, $10, $20, $50, and $100. Neither the Department of the Treasury nor the Federal Reserve System has any plans to change the denominations in use today."[3]
[edit]

[compaqDikk]

brock do your customers try to use counterfeit on you?

[keyboarding]

Um, because we don't want to look like we are playing fukkin monopoly?

Typical American idiot.

[Boner_18]

Why do you Yanks have the same colour bill for all denominations? It's time to catch up to the rest of the world.

Because for the most part we have all learned to count.

[Brock Landers]

brock do your customers try to use counterfeit on you?

no

[Brock Landers]

The government hopes the new bills will make it harder for high-tech counterfeiters to replicate.

The new currency will not go into circulation until Feb. 10 of next year, giving the government time to educate the public in the United States and around the world about all the changes.

"We estimate that as many as two-thirds of all $100 notes circulate outside the United States," said Bernanke, who stressed that the 6.5 billion in $100 bills now in circulation will remain legal tender.

The $100 bill, the highest value denomination in general circulation, is the last bill to undergo an extensive redesign. The Bureau of Engraving and Printing began the process in 2003, adding splashes of color to spruce up first the $20 and then the $50, $10 and $5 bills. The $1 bill isn't getting a makeover.

The changes are aimed at thwarting counterfeiters who are armed with ever-more sophisticated computers, scanners and color copiers.

The $100 bill is the most frequent target of counterfeiters operating outside of the United States while the $20 bill is the favorite target of counterfeiters inside the country.

The redesigned $100 bill had originally been expected to go into circulation in late 2008 but it's introduction was delayed to give the government time to refine all the new security features.

The government has prepared education resources in 25 languages to inform the public about the design changes and is giving people a chance to view the new bills on its website.

"We wanted the changes to be very obvious, visible and easy to see," Larry Felix, director of the Bureau of Engraving and Printing, said in an interview with The Associated Press.

The new blue security ribbon will give a 3-D effect to the micro-images that the thousands of lenses will be magnifying. Tilt the note back and forth and you will see tiny bells on the ribbon change to 100s as they move.

But that's not all. Tilt the note back and forth and the images will move side to side. Tilt the note side to side and the images will move up and down.

In addition, to the left of Franklin's portrait, will be an inkwell that will change color from copper to green when the note is tilted. The movement will also make a Liberty Bell appear and disappear inside the inkwell.

"As with previous U.S. currency redesigns, this note incorporates the best technology available to ensure we're staying ahead of counterfeiters," Geithner said.

Franklin will remain on the front of the $100 bill and Independence Hall in Philadelphia will remain on the back of the currency although both have been modified in ways aimed at making it harder to produce counterfeit copies of the bills.

"The new security features announced today come after more than a decade of research and development to protect our currency from counterfeiting," said U.S. Treasurer Rosie Rios, whose signature along with Geithner's will appear on the new currency.

[gimme2dollars]

Typical American idiot.

**** off. Why would we want multi-color money? The denomination is clearly printed on it. I think most people in this country know their numbers. We don't have to color code shit.

[GELATINOUS CUBE]

100/in.china.would.buy.a.lot.of.cat.sandwich es

[GELATINOUS CUBE]

or.dog.soup

[whatsgood5]

That looks pretty slick

[Brock Landers]

Considering the old 100's are still leagal tender, the people counterfeiting will just keep doing the ones already perfected

[Dank_Fire]

next time i get a moneygram payout ill get my hands on one....then blow it an hr later

[Doug]

The 1st time you try to pass a new one, the recipient will probably think it's a counterfeit.

[onlooker]

Most here won't experience one.

[Grind House]

New 100's, more inflation.