Photograph by Brendan Smialowski/AFP via Getty Images
A view of a the new 2009 series $100 bill on Oct. 4 in Washington
In the midst of a government shutdown over federal spending, a new $100 bill began circulating Tuesday. At least we assume it did: The U.S. Treasury, like much of the government, couldn’t be reached for comment, and no one is making change with a crisp, new hundred this morning.
The Series 2009 $100 note is more expensive to print than the last version—12.6¢ per bill vs. 7.8¢ for the older style —but it’s designed to be harder to counterfeit and easier to authenticate. The hundred note still features Ben Franklin on the front and Independence Hall on the back, along with more colorful illustrations andhidden text and pictograms that reveal themselves only under certain conditions.
If now feels like a bizarre time to begin printing new, more expensive money, rest assured that the $100 bill plays an essential role in the U.S. economy. Although most Americans are unlikely to use the new note regularly, if at all, the hundred is by far the largest store of value for all circulating U.S. currency.
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