Take Two for August 14, 2013

New $100 bills plagued by another production snafu

Bureau Of Engraving And Printing Prints New Anti-Counterfeit 100 Dollar Bills

Mark Wilson/Getty Images

Newly redesigned $100 notes lay in stacks at the Bureau of Engraving and Printing on May 20, 2013 in Washington, DC. The one hundred dollar bills will be released this fall and has new security features, such as a duplicating portrait of Benjamin Franklin and microprinting added to make the bill more difficult to counterfeit.

Bureau Of Engraving And Printing Prints New Anti-Counterfeit 100 Dollar Bills

Mark Wilson/Getty Images

Newly redesigned $100 notes are printed at the Bureau of Engraving and Printing on May 20, 2013 in Washington, DC. The one hundred dollar bills will be released this fall and has new security features, such as a duplicating portrait of Benjamin Franklin and microprinting added to make the bill more difficult to counterfeit.

Bureau Of Engraving And Printing Prints New Anti-Counterfeit 100 Dollar Bills

Mark Wilson/Getty Images

A worker inspects newly redesigned $100 notes during the printing process at the Bureau of Engraving and Printing on May 20, 2013 in Washington, DC. The one hundred dollar bills will be released this fall and has new security features, such as a duplicating portrait of Benjamin Franklin and microprinting added to make the bill more difficult to counterfeit.

Bureau Of Engraving And Printing Prints New Anti-Counterfeit 100 Dollar Bills

Mark Wilson/Getty Images

A stack of newly redesigned $100 notes sits on a bench at the Bureau of Engraving and Printing on May 20, 2013 in Washington, DC. The one hundred dollar bills will be released this fall and has new security features, such as a duplicating portrait of Benjamin Franklin and microprinting added to make the bill more difficult to counterfeit.

Bureau Of Engraving And Printing Prints New Anti-Counterfeit 100 Dollar Bills

Mark Wilson/Getty Images

Newly redesigned $100 notes lay in stacks at the Bureau of Engraving and Printing on May 20, 2013 in Washington, DC. The one hundred dollar bills will be released this fall and has new security features, such as a duplicating portrait of Benjamin Franklin and microprinting added to make the bill more difficult to counterfeit.


The first batch of shiny new $100 bills that we've been promised are set to go into circulation in October, more than two years late. 

The new bills that show a more dapper Ben Franklin have been plagued by printing problems and production snafus; 30 million $100 bills are currently sitting in boxes waiting to be destroyed.

Now, yet another printing problem might delay the release of the bills even further.

David Wolman wrote about the $100 bill drama for the New Yorker. He's also the author of "The End of Money: Counterfeiters, Preachers, Techies, Dreamers--and the Coming Cashless Society."

 


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