News

All about the ‘Benjamins:’ New $100 bills unveiled

All about the ‘Benjamins:’ New $100 bills unveiled

ALL ABOUT THE BENJAMINS: The Federal Reserve has shipped new $100 bills to banks across the country. Photo: Reuters

WASHINGTON (Reuters) – The Federal Reserve began supplying banks on Tuesday with redesigned $100 bills that incorporate advanced anti-counterfeiting features, the U.S. central bank said.

The notes, which retain the image of American statesman and scientist Benjamin Franklin, include two new security features – a blue three-dimensional security ribbon with images of bells and 100s, and a color-changing bell in an inkwell, the Fed said in a statement.

The bills, known as Benjamins, also keep security features from the previous design, such as a watermark.

“The new design incorporates security features that make it easier to authenticate, but harder to replicate,” said Federal Reserve Board Governor Jerome Powell said in a statement.

The security features will let users verify the notes’ authenticity more easily, he said.

U.S. officials have said the $100 note is the most frequently counterfeited denomination of U.S. currency outside the United States due to its broad circulation overseas. In the United States, the $20 bill is the most frequently counterfeited note.

Benjamins are the highest-denominated notes issued by the Federal Reserve, since the United States stopped issuing $500, $1,000 and $10,000 notes in 1969.

The new bills have been in development since 2003.

People with old bills do not need to trade them in for new ones since all designs of U.S. currency remain legal tender, the Fed said.

Recently Played

Latest Headlines

in Entertainment

We’re going to keep on ‘Keeping Up’ with Kardashians

kimkardashian

Reality TV's most famous family is sticking around for four more years.

in Viral Videos

What it would sound like if Ice T voiced cartoons

14-overlay5

"Scooby Doo" and "Dora the Explorer" would sound a whole lot different.

in Viral Videos

2-year-old sings National Anthem, makes America better

12-overlay7

Adorable Trent Harris singing the "Star Spangled Banner" before the start of a high school basketball game will make you proud to be an American.

in Entertainment, Weird

Forget the Double-Down, KFC launches edible coffee cups

kfccup

Kentucky Fried Chicken is testing edible coffee cups in some of its stores. Maybe next they'll try edible chicken.

in Entertainment

Drew Barrymore plans tell-all book of essays

barrymore

The "Charlie's Angels" star will lift the lid on the details of her wild youth and Hollywood career.