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.

Latest Headlines

3 minutes ago in Music

Housing complex named after Bon Jovi

Fresh
jbj

A housing complex in Pennsylvania now bears rocker Jon Bon Jovi's initials.

1 hour ago in Music

Justin Bieber angers Asian community with visit to Japan shrine

Fresh
Justin Bieber

The Beebs apologizes for a visit to a controversial Tokyo shrine honoring WWII war criminals.

1 hour ago in Trending, Viral Videos

TODAY’S MUST SEE: Brian Williams raps ‘Gin & Juice’

Fresh
birna

After he leaves the "NBC Nightly News," Brian Williams might have a future in music.

today in Entertainment

‘Ice Road Truckers’ star accused of kidnapping, beating Vegas woman

iceroad

A star of the reality TV show is due in court in Las Vegas to face first degree kidnapping, extortion and coercion charges.

today in Entertainment

Today in entertainment history: April 23

elvis2

A look at the Hollywood headlines of years past.