Tune in Saturday 2p-6p, Sunday 2p-6p For “The Sunday School” and
Follow me on Twitter & IG @DJMAZERATINOC
Now even with the govt shutting down they still making money??? In terms of actual money that is. You may find Ben Frank gotta new swag to him when you cash your checks this week. (Via:Ballerstatus)The Federal Reserve officially began rolling out billions of redesigned $100 bills this week, which incorporated new, anti-counterfeiting features.The notes retain the image of Benjamin Franklin, and are made of a paper blend that is difficult to reproduce. New security features include a blue three-dimensional security ribbon with images of bells and 100s, and a color-changing bell in an inkwell, as well as the number “100″ changing from copper to green.The $100 bill, the biggest U.S. denomination, also keeps 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.
Officials said $100 bills are the most counterfeited outside the United States due to its broad circulation overseas. But within the U.S., the $20 bill is the most frequently counterfeited note.
Another interesting tidbit we learned from the Boston Globe is that some bills, depending on their serial numbers, could fetch thousands (for one bill) from currency-collectors. The paper says collectors view certain 8-digit serial numbers as “fancier” (meaning more rare, and thus more collectible) than others. The fanciest numbers, according to collectors, include ones exceptionally low: A new $100 bill with the serial number 00000001, for example, might fetch up to $15,000.