Government goes high-tech to redesign $100 bills

Associated Press ^ | -21-10 | JEANNINE AVERSA and MARTIN CRUTSINGER

[Justaham]

WASHINGTON

[VRWCmember]

It will probably cost the treasury just a little under $119 each to produce this new $100 bill, making it a real bargain.

[P8riot]

Doesn’t matter. I haven’t seen a $100 in years.

[WayneS]

Hi-Tech, eh?

Will they be “e-mailable”?

[Hodar]

They had a fascinating show on Discovery on the counterfieting operations that go on, overseas, of our currency. Some very good counterfiets are being produced in China (either with the Chinese Gov’t aide, or without it); these bills are so good, they are called ‘Superbills’.

We really don’t have a choice in the matter.

[VRW Conspirator]

Golly gee Wally, I hope they put Obama on the bill.

[mlocher]

The folks who print America's money have designed a high-tech makeover of the $100 bill. It's part of an effort to stay ahead of counterfeiters as technology becomes more sophisticated and more dollars flow overseas, Federal Reserve Chairman Ben Bernanke says....... The $1 bill isn't getting a makeover.

It must cost more that $1 to counterfeit a $1 bill.

[BitWielder1]

The new currency will not go into circulation until Feb. 10 of next year. That will give the government time to further erode its value.

There, fixed it.

[rightbrained]

Maybe NK won’t be able to crack these

[The Sons of Liberty]

They’ll have to get the printing presses cranked up. Under 0bamanomics, we’ll need several just to buy a loaf of bread.

[unkus]

Golly gee Wally, I hope they put Obama on the bill.

---

No, he goes on the $3.00 bills.

[mlocher]

Doesn’t matter. I haven’t seen a $100 in years.

Eleven or twelve of 'em will allow you to purchase some real money.

[updatedscreenname]

I have maintained for a long time that you could eliminate the
drug trade entirely by eliminating 50 dollar bills and
making 100 dollar bills like checks, one time use, sign and
print your name.

It would be hard to run a drug cartel on 20 dollar bills.
Just the overhead from the warehouse space would be a killer.

[SkyDancer]

It'll look something like this ...

[mlocher]

Under 0bamanomics, we’ll need several just to buy a loaf of bread.

That's a lot of dough for a little bread.

[IamConservative]

I recently saw a counterfeit $100 bill. It was made from a $5 bill. They had bleached a $5 and then printed a $100 on the “blank” paper with a color lazer printer. The pens retailers use to test the paper did not detect it. The only way to tell was to look at the strip in the paper and you could clearly see it was a five spot.

[4rcane]

US use polymer currency yet? or is it still paper

[cvq3842]

Why not just make currency out of something of real value? :)

[IYAS9YAS]

I have maintained for a long time that you could eliminate the drug trade entirely by eliminating 50 dollar bills and making 100 dollar bills like checks, one time use, sign and print your name.

IIRC, that may have been the reasoning behind dropping the $1,000 bill from circulation.

[CodeToad]

They obviously don’t have a human factors person on staff. No one will know all those new items of the bill and the bill becomes too complicated to validate by the average person, so the bills won’t be validated by the average person.