$100 bill to get another facelift

Posted March 5 at 11:15 a.m.

CBB-100-bill.jpg
A $100 bill on display, at a currency exchangein Kuala Lumpur, Malaysiam in 2004. (AP Photo/Andy Wong, File)

Associated Press | Aiming to stay a step ahead of
counterfeiters, the government is planning a new design for the $100
bill that will be unveiled next month, the Treasury Department said
Friday.

Wraps will come off the facelift for Benjamin Franklin at an April 21
ceremony in the ornate Cash Room at the 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.


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.

Training materials on the new $100 bill for those who handle cash and educational information will be available in 25 languages beginning on April 21 at www.newmoney.gov.

 

6 comments:

  1. Rob March 5 at 12:06 pm

    Show me that someone over there has a sense of humor and have them come out with a $74.18 dollar bill… with a picture of Clinton hugging Lewinski on the front and GWB choking on pretzel on the back.
    I’m just sayin.

  2. Rance Spergl March 5 at 3:50 pm

    Just don’t put Ronald Reagan’s picture on anything.

  3. michael sliva March 6 at 3:03 a.m.

    what about color in $100’s bills?
    also in Australia, there are all the plastic bills(notes)
    no papers at all even no counterfeits. why not USA can
    copy Aussie that produces plastic notes rather than
    papers bills!

  4. bob March 6 at 9:38 a.m.

    Spending money to re-tool the currency is a waste since the old currency is still valid. All the counterfitters have to do is put an old date on their bills and they’re good to go.

  5. Eric March 6 at 2:14 pm

    I heard this through the exchange, I need to know if it is true?
    When a country changes the face of the bill, it means that the bill is worth-less.
    I say this because I tried to cash in a $500 note from Brazil and the exchange claimed that the bill was no longer in circulation therefore cannot be exchanged.
    I tore the note up into tiny pieces in front of them and threw a few into their trash can and then took the rest and disposed of them in various trash cans.
    My question is:
    If the money changes its face (facelift or whatever) but keeps the same denomination, is it worth less, or worthless?

  6. Me April 21 at 7:55 a.m.

    Oh yeah, its to protect against counterfit and protect us, wtf it’s all about a one world currency and flooding the world with worthless paper money thats gonna make the dollar worth 2 cents.