How Much Money Is In A Cm Stack Of 100s

Current denomination of United States currency

One hundred dollars

(United States)
Value	$100
Width	156 mm
Pinnacle	66.3 mm
Weight	≈ 1.0[ane] g
Security features	Security fibers, watermark, 3D security ribbon, security thread, color shifting ink, microprinting, raised printing, EURion constellation
Textile used	75% cotton 25% linen
Years of printing	1861–present
Obverse
Design	Benjamin Franklin'due south portrait by Joseph Duplessis, Proclamation of Independence, quill pen, inkwell with an image of the Liberty Bong
Design date	2009
Reverse
Design	Independence Hall
Design date	2009

The United states 1-hundred-dollar neb ($100) is a denomination of United states of america currency. The first United states of america Annotation with this value was issued in 1862 and the Federal Reserve Note version was launched in 1914, aslope other denominations.^[2] Statesman, inventor, diplomat, and American founding father Benjamin Franklin has been featured on the obverse of the neb since 1914.^[3] On the reverse of the banknote is an image of Independence Hall in Philadelphia, which has been used since 1928.^[3] The $100 bill is the largest denomination that has been printed and circulated since July 13, 1969, when the denominations of $500, $i,000, $five,000, and $10,000 were retired.^[4] As of December 2018, the average life of a $100 bill in apportionment is 22.9 years before information technology is replaced due to article of clothing.

The bills are also normally referred to as "Bens", "Benjamins", or "Franklins", in reference to the use of Benjamin Franklin'due south portrait by the French painter Joseph Duplessis on the denomination, as "C-Notes", based on the Roman numeral for 100, or as "bluish faces", based on the blueish tint of Benjamin Franklin'south face in the bill'southward electric current design. The pecker is ane of two denominations printed today that does not characteristic a president of the Us; the other is the $10 neb, featuring Alexander Hamilton. It is also the but denomination today to feature a edifice not located in Washington, D.C., that being Independence Hall located in Philadelphia on the opposite. The time on the clock of Independence Hall on the contrary, according to the U.S. Bureau of Engraving and Press, showed approximately 4:10.^[five] It has been suggested this may refer to 4/10, or April x, the 100th day of the year. The newer colorized notes bear witness ten:30.

The Series 2009 $100 nib redesign was unveiled on April 21, 2010, and was issued to the public on October 8, 2013.^[6] The new beak costs 12.6 cents to produce and has a blue ribbon woven into the center of the currency with "100" and Liberty Bells, alternating, that announced when the bill is tilted.

As of June 30, 2012, the $100 bill comprised 77% of all US currency in apportionment.^[vii] Federal Reserve data from 2017 showed that the number of $100 bills exceeded the number of $1 bills. All the same, a 2018 research paper past the Federal Reserve Banking concern of Chicago estimated that lxxx per centum of $100 bills were in other countries. Possible reasons included economic instability that afflicted other currencies, and use of the bills for criminal activities.^[8]

History [edit]

Large size notes [edit]

(approximately 7.4218 × 3.125 in ≅ 189 × 79 mm)

• 1861: Three-year 100-dollar Interest Bearing Notes were issued that paid vii.iii% interest per twelvemonth. These notes were not primarily designed to circulate and were payable to the original purchaser of the dollar nib. The obverse of the note featured a portrait of General Winfield Scott.
• 1862: The showtime $100 United States Note was issued.^[iii] Variations of this note were issued that resulted in slightly different wording (obligations) on the reverse; the note was issued again in Serial of 1863.
• 1863: Both one and two and ane one-half year Interest Begetting Notes were issued that paid 5% interest. The one-year Interest Bearing Notes featured a vignette of George Washington in the heart, and emblematic figures representing "The Guardian" to the correct and "Justice" to the left. The ii-year notes featured a vignette of the U.S. treasury building in the middle, a farmer and mechanic to the left, and sailors firing a cannon to the right.
• 1863: The first $100 Gold Certificates were issued with a bald eagle to the left and large greenish 100 in the heart of the obverse. The reverse was distinctly printed in orange instead of dark-green like all other U.Due south. federal government issued notes of the fourth dimension.
• 1864: Chemical compound Interest Treasury Notes were issued that were intended to circulate for three years and paid half dozen% interest compounded semi-annually. The obverse is similar to the 1863 one-year Interest Bearing Notation.
• 1869: A new $100 U.s. Annotation was issued with a portrait of Abraham Lincoln on the left of the obverse and an allegorical figure representing architecture on the right. Although this notation is technically a United states of america Note, TREASURY NOTE appeared on information technology instead of Us Annotation .
• 1870: A new $100 Golden Certificate with a portrait of Thomas Hart Benton on the left side of the obverse was issued. The note was i-sided.
• 1870: One hundred dollar National Gold Bank Notes were issued specifically for payment in gilded coin by participating national gold banks. The obverse featured vignettes of Perry leaving the USS St. Lawrence and an emblematic figure to the right; the reverse featured a vignette of U.South. gold coins.
• 1875: The reverse of the Series of 1869 United States Notation was redesigned. Also, TREASURY Annotation was changed to United states Note on the obverse. This notation was issued once more in Serial of 1878 and Series of 1880.
• 1878: The starting time $100 silverish certificate was issued with a portrait of James Monroe on the left side of the obverse. The reverse was printed in blackness ink, unlike any other U.S. Federal Regime issued bill.
• 1882: A new and revised $100 Aureate Certificate was issued. The obverse was partially the same as the Series 1870 gold certificate; the border design, portrait of Thomas H. Benton, and large word GOLD , and gold-colored ink backside the serial numbers were all retained. The reverse featured a perched bald hawkeye and the Roman numeral for 100, C.
• 1890: One hundred dollar Treasury or "Coin Notes" were issued for government purchases of silvery bullion from the silver mining industry. The notation featured a portrait of Admiral David G. Farragut. The note was also nicknamed a "watermelon note" because of the watermelon-shaped 0'southward in the large numeral 100 on the reverse; the large numeral 100 was surrounded by an ornate design that occupied nearly the entire annotation.
• 1891: The reverse of the Series of 1890 Treasury Annotation was redesigned because the Treasury felt that it was too "busy" which would make information technology too easy to counterfeit. More open space was incorporated into the new blueprint.
• 1891: The obverse of the $100 Silver Document was slightly revised with some aspects of the pattern changed. The reverse was completely redesigned and too began to be printed in green ink.
• 1902: An extremely rare National Banknote was issued. It had a blue seal, and John J. Knox on the obverse, and two men and an eagle on pinnacle of a shield on the opposite.
• 1914: The start $100 Federal Reserve Note was issued with a portrait of Benjamin Franklin on the obverse and emblematic figures representing labor, enough, America, peace, and commerce on the contrary.
• 1922: The Series of 1880 Gilt Certificate was re-issued with an obligation to the right of the lesser-left series number on the obverse.

• 

  1863 $100 Legal Tender note The beginning $100 Golden Certificates were issued with a baldheaded eagle to the left and big green 100 in the centre of the obverse.

• 

  1880 $100 Legal Tender (1869 version) A new $100 The states Note was issued with a portrait of Abraham Lincoln on the left of the obverse and an emblematic figure representing architecture on the right.

• 

  Series 1878 $100 silver certificate The outset $100 silver document was issued with a portrait of James Monroe on the left side of the obverse.

• 

  1914 $100 Federal Reserve Annotation The starting time $100 Federal Reserve Annotation was issued with a portrait of Benjamin Franklin on the obverse and allegorical figures representing labor, plenty, America, peace, and commerce on the reverse.

• 

  1922 $100 Gold Certificate The Series of 1880 Aureate Certificate was re-issued with an obligation to the correct of the bottom-left serial number on the obverse.

Small-scale size notes [edit]

(half-dozen.14 × 2.61 in ≅ 157 × 66 mm)

• 

  Both views (obverse and opposite) of the Serial 1934 $100 Aureate Certificate.

• 

  Obverse of a Series 2006A $100 note.

• 

  Comparing between a Series 1990 note and a 2013 note.

• 1929: Nether the Series of 1928, all U.Due south. currency was changed to its current size and began to bear a standardized blueprint. All variations of the $100 bill would carry the same portrait of Benjamin Franklin, same border design on the obverse, and the same opposite with a vignette of Independence Hall. The $100 pecker was issued as a Federal Reserve Note with a dark-green seal and serial numbers and as a Gold Certificate with a golden seal and serial numbers.
• 1933: Equally an emergency response to the Great Depression, boosted money was pumped into the American economic system through Federal Reserve Bank Notes issued under Serial of 1929. This was the only modest-sized $100 pecker that had a slightly different border blueprint on the obverse. The series numbers and seal on it were brown.
• 1934: The redeemable in gilt clause was removed from Federal Reserve Notes due to the U.Due south. withdrawing from the gold standard.
• 1934: Special $100 Gilded Certificates were issued for non-public, Federal Reserve bank-to-bank transactions. These notes featured a contrary printed in orange instead of green like all other small-sized notes. The wording on the obverse was too changed to 1 HUNDRED DOLLARS IN GOLD PAYABLE TO THE BEARER ON Need Equally AUTHORIZED BY LAW .
• 1950: Many minor aspects on the obverse of the $100 Federal Reserve Note were changed. Most noticeably, the treasury seal, gray numeral '100', and the Federal Reserve Seal were at present smaller with small "spikes" added effectually the Federal Reserve seal, like the Treasury seal.
• 1963: Because dollar bills were no longer redeemable in silver, beginning with Serial 1963A, Will PAY TO THE BEARER ON Demand was removed from the obverse of the $100 Federal Reserve Note and the obligation was shortened to its current wording, THIS NOTE IS LEGAL TENDER FOR ALL DEBTS, PUBLIC AND Private . Also, IN GOD We TRUST was added to the opposite.
• 1966: The showtime and only small-sized $100 United States Note was issued with a ruby-red seal and series numbers. Information technology was the commencement of all Usa currency to apply the new U.S. treasury seal with wording in English instead of Latin. Like the Series 1963 $2 and $5 United states of america Notes, it lacked WILL PAY TO THE BEARER ON Demand on the obverse and featured the motto IN GOD Nosotros TRUST on the reverse. The $100 United States Note was issued due to legislation that specified a certain dollar amount of United States Notes that were to remain in circulation. Because the $two and $v United states Notes were shortly to be discontinued, the dollar amount of United States Notes would drop, thus warranting the issuing of this note. $100 United States Notes were last printed in 1969 and last issued in 1971.
• 1990: The starting time new-historic period anti-counterfeiting measures were introduced under Series 1990 with microscopic printing around Franklin's portrait and a metallic security strip on the left side of the bill.
• March 25, 1996: The first major pattern change of the $100 notation since 1929 took place with the adoption of a gimmicky style layout. The main intent of the new design was to deter counterfeiting. New security features included a watermark of Franklin to the right side of the neb, optically variable ink (OVI) that changed from greenish to black when viewed at different angles on the lower right corner '100', a higher quality and enlarged portrait of Franklin, and hard-to-reproduce fine line printing around Franklin's portrait and Independence Hall. Older security features such equally interwoven red and blue silk fibers, microprinting, and a plastic security thread (which now glows pink [nominally red] under a blackness light) were kept. The individual Federal Reserve Banking concern Seal was inverse to a unified Federal Reserve Seal forth with an additional prefix letter being added to the serial number, west. The first of the Series 1996 bills were produced in October 1995.^[ix]
• February 2007: The get-go $100 bills (a shipment of 128,000 star notes from the San Francisco FRB) from the Western Currency Facility in Fort Worth, Texas are produced, almost 16 years subsequently the get-go notes from the facility were produced. The shipment makes the $100 bill the almost recently added production to the facility'south lineup. 4.6 billion notes were produced at the facility with series 2006 and Cabral and Paulson signatures, including well-nigh iv.15 one thousand thousand star notes.^[10]
• October 8, 2013: The newest $100 nib was announced on April 21, 2010, and, because of press problems, did not enter circulation until nearly three and a one-half years afterward, on Oct 8, 2013.^[vi] In improver to design changes introduced in 1996, the obverse features the brown quill that was used to sign the Proclamation of Independence; faint phrases from the Declaration of Independence; a bell in the inkwell that appears and disappears depending on the angle at which the bill is viewed using optically variable ink (OVI) and changes from copper to green; teal groundwork color; a borderless portrait of Benjamin Franklin; a blueish "3D security ribbon" (trademarked "Move" by Crane Currency^[eleven]) on which images of Liberty Bells shift into numerical designations of '100' as the notation is tilted; and to the left of Franklin, pocket-sized yellow 100s whose zeros grade the EURion constellation. The opposite features a large slope '100' printed vertically on the correct side, minor yellow EURion 100s and has the fine lines removed from effectually the vignette of Independence Hall. These notes were issued as Serial 2009A with Rios - Geithner signatures. Many of these changes are intended not merely to thwart counterfeiting just to also make it easier to quickly check authenticity and help vision-impaired people.^[12]

Series dates [edit]

Small size [edit]

Type	Serial	Register	Treasurer	Seal
National Bank Note Types one & 2	1929	Jones	Woods	Brown
Federal Reserve Bank Note	1928A	Jones	Woods	Brown

Type	Series	Treasurer	Secretary	Seal
Gold Certificate	1928	Wood	Mellon	Gold
Legal Tender Note	1966	Granahan	Fowler	Red
Legal Tender Notation	1966A	Elston	Kennedy	Scarlet
Federal Reserve Note	1928	Woods	Mellon	Green
Federal Reserve Note	1928A	Woods	Mellon	Green
Federal Reserve Notation	1934	Julian	Morgenthau	Green
Federal Reserve Note	1934A	Julian	Morgenthau	Green
Federal Reserve Note	1934B	Julian	Vinson	Green
Federal Reserve Annotation	1934C	Julian	Snyder	Green
Federal Reserve Note	1934D	Clark	Snyder	Light-green
Federal Reserve Note	1950	Clark	Snyder	Green
Federal Reserve Note	1950A	Priest	Humphrey	Greenish
Federal Reserve Note	1950B	Priest	Anderson	Green
Federal Reserve Note	1950C	Smith	Dillon	Light-green
Federal Reserve Note	1950D	Granahan	Dillon	Green
Federal Reserve Notation	1950E	Granahan	Fowler	Light-green
Federal Reserve Annotation	1963A	Granahan	Fowler	Greenish
Federal Reserve Note	1969	Elston	Kennedy	Greenish
Federal Reserve Annotation	1969A	Kabis	Connally	Green
Federal Reserve Note	1969C	Bañuelos	Shultz	Light-green
Federal Reserve Notation	1974	Neff	Simon	Green
Federal Reserve Note	1977	Morton	Blumenthal	Greenish
Federal Reserve Annotation	1981	Buchanan	Regan	Green
Federal Reserve Annotation	1981A	Ortega	Regan	Green
Federal Reserve Note	1985	Ortega	Baker	Green
Federal Reserve Note	1988	Ortega	Brady	Green
Federal Reserve Note	1990	Villalpando	Brady	Dark-green
Federal Reserve Annotation	1993	Withrow	Bentsen	Green
Federal Reserve Note	1996	Withrow	Rubin	Green
Federal Reserve Annotation	1999	Withrow	Summers	Greenish
Federal Reserve Notation	2001	Marin	O'Neill	Green
Federal Reserve Note	2003	Marin	Snow	Green
Federal Reserve Notation	2003A	Cabral	Snow	Green
Federal Reserve Note	2006	Cabral	Paulson	Light-green
Federal Reserve Note	2006A	Cabral	Paulson	Green
Federal Reserve Note	2009	Rios	Geithner	Green
Federal Reserve Note	2009A	Rios	Geithner	Light-green
Federal Reserve Notation	2013	Rios	Lew	Green
Federal Reserve Note	2017A	Carranza	Mnuchin	Green

Removal of large denomination bills ($500 and up) [edit]

The Federal Reserve announced the removal of large denominations of U.s.a. currency from apportionment on July 14, 1969. While larger denominations remained legal tender,^[13] with their removal the one-hundred-dollar bill was the largest denomination left in circulation. All the Federal Reserve Notes produced from Serial 1928 up to before Series 1969 (i.eastward. 1928, 1928A, 1934, 1934A, 1934B, 1934C, 1934D, 1950, 1950A, 1950B, 1950C, 1950D, 1950E, 1963, 1966, 1966A) of the $100 denomination added upward to $23.1708 billion.^[14] Since some banknotes had been destroyed, and the population was 200 one thousand thousand at the time, there was less than one $100 banknote per capita circulating.

As of June thirty, 1969, the U.Due south. coins and banknotes in circulation of all denominations were worth $50.936 of which $iv.929 was circulating overseas.^[15] And then the currency and coin circulating inside the United States was $230 per capita. Since 1969, the need for U.S. currency has greatly increased. The total amount of circulating currency and coin passed one trillion dollars in March 2011.

Despite the degradation in the value of the U.S. $100 banknote (which was worth about $738.93 in 1969), and despite contest from some more valuable strange notes (near notably, the 500 euro banknote), at that place are no plans to re-upshot banknotes higher up $100. The widespread use of electronic means to conduct high-value transactions today has fabricated large-scale physical cash transactions obsolete and therefore, from the government'south betoken of view, unnecessary for the conduct of legitimate business. Quoting T. Allison, Assistant to the Board of the Federal Reserve System in his October 8, 1998 testimony before the U.S. House of Representatives, Subcommittee on Domestic and International Monetary Policy, Commission on Cyberbanking and Fiscal Services:

In that location are public policies against reissuing the $500 note, mainly considering many of those efficiency gains, such as lower shipment and storage costs, would accrue not simply to legitimate users of banking company notes but also to money launderers, tax evaders and a diverseness of other lawbreakers who apply currency in their criminal activity. While it is not at all clear that the volume of illegal drugs sold or the amount of revenue enhancement evasion would necessarily increase just as a consequence of the availability of a larger dollar denomination bill, it no doubt is the case that if wrongdoers were provided with an easier mechanism to launder their funds and hibernate their profits, enforcement authorities could accept a harder fourth dimension detecting certain illicit transactions occurring in cash.^[sixteen]

References [edit]

1. ^ "Currency Facts". uscurrency.gov. U.S. Currency Education Program. Retrieved 14 July 2020.
2. ^ Barbara Maranzani (April 25, 2013). "Information technology's All About the (New) Benjamins". history.com.
3. ^ ^{a b c} Sandra Choron; Harry Choron (2011). Money: Everything You Never Knew About Your Favorite Thing to Observe, Save, Spend & Covet. Relate Books. p. 208. ISBN9781452105598.
4. ^ "For Collectors: Large Denominations". Bureau of Engraving and Press. Archived from the original on September 11, 2007. Retrieved 2012-04-06 .
5. ^ "Coin Facts". Agency of Engraving and Printing. Archived from the original on 2012-03-10. Retrieved 2012-04-06 .
6. ^ ^{a b} "Federal Reserve Announces Twenty-four hours of Issue of Redesigned $100 Notation". uscurrency.gov. U.Southward. Currency Education Program. Retrieved 14 July 2020.
7. ^ Phillips, Matt (21 November 2012). "Why the share of $100 bills in apportionment has been going upwardly for over 40 years". Quartz. The Atlantic Media Company. Retrieved 5 March 2019.
8. ^ Telford, Taylor; Whalen, Jeanne (5 March 2019). "At that place are more $100 bills in circulation than $i bills, and it makes no cents". News & Record . Retrieved five March 2019 – via The Washington Postal service.
9. ^ USPaperMoney.Info: Serial 1996 $100 July 1999
10. ^ USPaperMoney.Info: Series 2006 $100 April 2012
11. ^ Crane Currency. "Move Micro-Eyes Banknote Security". Retrieved half dozen October 2017.
12. ^ uscurrency. "$100 Note Podcast Episode: 1". YouTube. Archived from the original on 2013-03-26. Retrieved 2012-04-06 .
13. ^ "U.S. Bureau of Engraving and Press - U.South. Currency". 2014-06-25. Archived from the original on 25 June 2014. Retrieved 2021-12-25 .
14. ^ "US Paper Coin information: Serial Number Ranges". USPaperMoney.Info. Retrieved 2012-04-06 .
15. ^ "Some Tables of Historical U.S. Currency and Monetary Aggregates Data" (PDF). Federal Reserve Bank of St. Louis. Retrieved 2012-04-06 .
16. ^ "Will Colossal Euro Notes Threaten the Greenback?". U.S. Firm of Representatives. October eight, 1998. Retrieved 2012-04-06 .

Further reading [edit]

• Friedberg, Arthur; Ira Friedberg; David Bowers (2005). A Guide Book of U.s.a. Paper Money: Complete Source for History, Grading, and Prices (Official Red Book). Whitman Publishing. ISBN0-7948-1786-6.
• Hudgeons, Thomas (2005). The Official Blackbook Price Guide to U.S. Paper Money 2006 (38th ed.). House of Collectibles. ISBN1-4000-4845-1. OCLC 244167611.
• Wilhite, Robert (1998). Standard Catalog of United states Paper Money (17th ed.). Krause Publications. ISBN0-87341-653-eight.

External links [edit]

• $100 Note

Source: https://en.wikipedia.org/wiki/United_States_one-hundred-dollar_bill

Posted by: chavarriacrove1962.blogspot.com

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