The obverse is similar to the 1863 one-year Interest Bearing Note. 1864: Compound Interest Treasury Notes were issued that were intended to circulate for three years and paid 6% interest compounded semi-annually.federal government issued notes of the time. The reverse was distinctly printed in orange instead of green like all other U.S. 1863: The first $100 Gold Certificates were issued with a bald eagle to the left and large green 100 in the middle of the obverse.treasury building in the center, a farmer and mechanic to the left, and sailors firing a cannon to the right. The two-year notes featured a vignette of the U.S. The one-year Interest Bearing Notes featured a vignette of George Washington in the center, and allegorical figures representing "The Guardian" to the right and "Justice" to the left. 1863: Both one and two and one half year Interest Bearing Notes were issued that paid 5% interest.Variations of this note were issued that resulted in slightly different wording (obligations) on the reverse the note was issued again in Series of 1863. 1862: The first $100 United States Note was issued. The obverse of the note featured a portrait of General Winfield Scott. These notes were not primarily designed to circulate and were payable to the original purchaser of the dollar bill. 1861: Three-year 100-dollar Interest Bearing Notes were issued that paid 7.3% interest per year.Possible reasons included $100 bills being used as a reserve currency against economic instability that affected other currencies, and use of the bills for criminal activities. However, a 2018 research paper by the Federal Reserve Bank of Chicago estimated that 80 percent of $100 bills were in other countries. Federal Reserve data from 2017 showed that the number of $100 bills exceeded the number of $1 bills. The new bill 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 appear when the bill is tilted.Īs of June 30, 2012, the $100 bill comprised 77% of all US currency in circulation. The Series 2009 $100 bill redesign was unveiled on April 21, 2010, and was issued to the public on October 8, 2013. The bill is one of two denominations printed today that does not feature a president of the United States, the other being the $10 bill, featuring Alexander Hamilton. The bills are also commonly referred to as "Bens", "Benjamins", or "Franklins", in reference to the use of Benjamin Franklin's portrait by the French painter Joseph Duplessis on the denomination, as "C-Notes" or "Century Notes", based on the Roman numeral for 100, or as "blue faces", based on the blue tint of Franklin's face in the current design. As of December 2018, the average life of a $100 bill in circulation is 22.9 years before it is replaced due to wear. The $100 bill is the largest denomination that has been printed and circulated since July 13, 1969, when the larger denominations of $500, $1,000, $5,000, and $10,000 were retired. The reverse depicts Independence Hall in Philadelphia, which it has featured since 1928. Founding Father Benjamin Franklin has been featured on the obverse of the bill since 1914, which now also contains stylized images of the Declaration of Independence, a quill pen, the Syng inkwell, and the Liberty Bell. The first United States Note with this value was issued in 1862 and the Federal Reserve Note version was first produced in 1914. The United States one-hundred-dollar bill ( $100) is a denomination of United States currency. Security fibers, watermark, 3D security ribbon, security thread, color shifting ink, microprinting, raised printing, EURion constellationīenjamin Franklin's portrait by Joseph Duplessis, Declaration of Independence, quill pen, Syng inkwell with an imbedded image of the Liberty Bell Current denomination of United States currency One hundred dollars (United States)
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