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.

Recent Headlines

in Entertainment

‘Pan’ taps origins of Peter Pan’s 100-year pop culture adventure


In the century since Scottish author J.M. Barrie created Peter Pan for a stage play then a book, the Neverland universe has inspired movies, books, TV shows, plays, video games and even a pop psychology syndrome describing emotionally immature men.

in Entertainment

Keanu Reeves wants to have a third ‘Bill & Ted’ adventure


The "Matrix" star says a script for the third installment of the "excellent" time-traveling franchise is in the works.

in Music

New biography details Tom Petty’s drug use


Tom Petty was hooked on heroin in the 1990s, according to his longtime pal Warren Haynes, who is preparing to release an unauthorized biography.

in Music

Phil Collins undergoes back surgery


The former Genesis star underwent the operation last week.

in Entertainment

Neil Patrick Harris writing children’s books


The "How I Met Your Mother" star is penning a new series called "The Magic Misfits."