Benjamin Franklin gets a facelift

A new $100 bill will begin circulation Tuesday, October 8^th.

 

The new bill has several unique features to make counterfeiting more difficult including a blue, 3-D security ribbon. Also there are new watermarks and “100s” printed on either side. Except for the $1 and $2 bills, all United States paper currency has been redesigned in the last 10 years. 

Actually, the $100 bill was supposed to be redesigned and released back in 2011. The Federal Reserve announced that there was a problem with the new security measures that was causing the bills to crease during printing. The crease caused white space on the bills.

The $100 bill is the second most common bill in circulation, only behind the $1 bill. According to the Federal Reserve, there are 8.6 billion $100 bills in circulation. Now obviously we don’t have to turn in the old bills for the new, but I’m excited to get my hands on one.

One of the best videos I've seen in ages...

The surprising truth about what motivates us from RSA Animate: Turns out that, whenever even rudimentary thought is involved, financial incentives do NOT do a good job of motivating us--sure, everyone needs money to eat and provide for themselves, but the key is actually to give people enough money to take money off the table for them so they don't have to worry about it and can focus on their work...beyond that, what really motivates us is purpose. Check it out: