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.

Recent Headlines

5 hours ago in Local

Bothell high school teacher recovers after attack

empty classroom

A Bothell high school teacher who was attacked in his classroom says he's recovering and hopes to return to the classroom as soon as possible.

5 hours ago in Local

Bellis Fair responds to complaints from Canadian shoppers about “at par” shopping

Bellis

Some Canadians are complaining about Bellis Fair Mall stores that didn't accept their dollar at par, despite a promotion saying they would.

5 hours ago in Local

Bodies of missing Arlington couple found near Oso

john-tony-reed

Human remains are found near Oso where Snohomish County investigators believe Monique Patenaude and her husband, Patrick Shunn went missing last month.

5 hours ago in Local

Small fire burns Custer-area flower farm

wildfire

Flames appear to destroy a small out building.

5 hours ago in Local

Bellingham woman pleads guilty to attemped murder

handcuffs

Esmeralda Martin who agreed to help her boyfriend murder a man pleads guilty.