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

in Local Sports

Soccer: Unbeaten Vikings win 3-0 at Central Washington

Fresh
wwu western washington university congrats vikes vikings from kpug

No.6 WWU scores three times in first 24 minutes in the Great Northwest Athletic Conference opener.

in Local Sports

Seahawks’ Sherman laughs off reports that he was ‘exposed’ in loss at San Diego

San Diego Chargers wide receiver Eddie Royal, left, pushes off Seattle Seahawks cornerback Richard Sherman during the second half of an NFL football game on Sunday, Sept. 14, 2014, in San Diego.

Sherman responds to critics following Seahawks' loss at San Diego; now turns attention to Super Bowl rematch Sunday against Broncos.

in Sports

Police: Cardinals RB Dwyer head-butted wife

This is a 2014 photo of Jonathan Dwyer of the Arizona Cardinals NFL football team. This image reflects the Arizona Cardinals active roster as of Monday, June 9, 2014 when this image was taken.

Police say Cardinals running back Jonathan Dwyer head-butted his wife and broke her nose, Cards also release Chris Rainey for his history of domestic violence.

in Entertainment

Kevin Spacey’s stalker sentenced to 4 years

kevin

A Massachusetts woman who threatened to torture the actor has been sentenced to more than four years behind bars.

in Sports

R&A set for historic vote on women members

FILE - In this July 17, 2013 file photo, the Royal and Ancient Golf Club's Chief Executive Peter Dawson listens during a press conference ahead of the British Open Golf Championship at Muirfield, Scotland. Dawson announced last month that he will retire in September 2015 as secretary of the Royal & Ancient Golf Club and chief executive of The R&A, a business division he wisely created 10 years ago. He will have served 16 years, the same tenure as the three R&A secretaries before him. What sets him apart is coping with perhaps the most challenging times in the club's 260-year history.

On the same day Scotland votes on whether to become independent, a historic sporting decision will be made inside arguably the most famous building in golf.