What do you guys think about this hold up with the new $100 note?

I keep on waiting, and waiting, and waiting, emailing the BEP every couple months, asking them:

"I KNOW there is NO SET "release date" but can you AT LEAST tell me if they are "close" ro "announcing" a release date?"

All I ever get from them, is that, they don't know, and that the Fed is the one in charge of that decission. Maybe I should try calling the Fed again (I have before) and ask if they are close to releasing a release date. My mother keeps on saying "They should just scrap all of these current new colorized $100 notes, and wait till the start the NEXT currency redesign, to issue a new $100 note" and I told her "No. They should either just release what they have right now that they know is good, and who cares if people find some errors? People will sell them at a premium. Ooh, Ahh. Big deal". OR they should simply make the $100 note be the last denomination to be redesigned in the next (Meaningful Accress) currency redesign, since they will be redesigning the $50, $20, $10, $5, and even the $2 note has been confirmed as part of the next round's redesign, so, release a denomination each year, or maybe with a couple more years worth of time spread out in the gap, and the "new colorized" $100 note will be at least seven years old, as how they do the redesign schedule, and they can redesign the $100 note seven years after the "current" new colorized $100 note comes out. This will give the new $100 notes time to wear out, as the lifespan of a $50 and $100 note is usually around nine years or so, but I have heard from a Federal Reserve Bank in an email, before the "Series 1996 non-colorized" redesign happened, that the lifespan of a $2 note was either thirty-four or thirty-six years old. (I can't remember which, but I believe that the lifespan of a $2 note has since been reduced, as people are using them more, or so I am reading. Where are they using them? I don't know, because the only time they're using them where I go, its ME who is using them. (Then there are those stupid "strip club" arguments out there that I read about from time to time).

Anyway, I hope that the new $100 notes are released by summer of 2013, or I am going to be very disappointed. If we are given a six months' notice tomorrow, you might as well call it October and say that the new $100 note will be released in March or April at earliest. Those are usually about the months they come out with new design U.S. currency, so it wouldn't suprise me. Plus the BEP was only planning on printing enough "current style" $2 notes to last until 2014, so, I'd say 2013 should be the year for the current new $100 note, so that they can start printing up the new Meaningful Access $2 notes (Even if the $2 is not the first denomination to be redesigned in that series)

(I wonder how much public education efforts will be put into the redesigned $2 note's introduction in the Meaningful Access redesign)

 

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I think that the previous and current series of $100s are ugly as sin. I could care less about the upcoming $100s. The only reason I might go out of my way to get them, is if I manage to get a hold of a brick early enough to sell it for a premium.

 

I seldom concern myself with things over which I have no control.

 

They are awaiting technical advice from Kim in N. Korea, and he has been somewhat intransigent lately. Apparently even the North Koreans are having difficulties with the creasing issues, and haven't been able to help fix the problem.

 

Last year I predicted that the new design $100 note would not be released until 2013 and I was scoffed at on this forum. The non-believers balked at me and said they would be released in 2012. I was right in my prediction. Of course I could still be proven wrong if the release of the new hundreds is pushed back to 2014 which I hate to say is a possibility due to the government saying they will give six months notice before they're released.

The prudent solution to the problem was to correct the creasing issues and burn every 2009 $100 note in existence and start over. Instead the government has wasted a lot of time developing custom machinery to weed out the bad notes from the good. I think this is the cause of most of the delay.