More printing problems with the new $100 Bills

Not being a big paper money expert, I am puzzled why the BEP continues to have so much trouble with this new design. Is it so cutting edge that they can't reliably produce these, or are they just putting out shoddy work???

http://www.newyorker.com/online/blogs/newsdesk/2013/08/blunder-at-the-money-factory.html

 

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All the more reason to mint a $100 coin........

 

I'd like that, but I can just imagine the premium the Mint would attach to that for collectors....

 

yes. we need a cartwheel sized dollar, a dime-sized $2.50, a nickel-sized $5 coin, a small-dollar sized $10 coin, a $20 coin the size of the old double eagles, a $50 coin the size of a silver eagle, and a $100 coin the size of a canadian polar bear. then get rid of the $1,2,5,10,20,50,and 100 bills and bring back the 500 and 1000

 

Perhaps they need to ring up Dennis Rodman's BFF for help - N. Korea hasn't had any problems printing the previous design.

 

Seconded.

 

I hope y'all are joking.

The public doesn't want to carry around coins. Last time I looked, the Dallas Federal Reserve was having to build an extra storage facility to hold all of the surplus Presidential Dollars. Read this, http://www.coinworld.com/Articles/ViewArticle/fed-presidential-1-inventory-tops-1-2-billion

 

this is because we have $1 bills in circulation. if we completely phased them out, coins would circulate.

 

I think they should punish Robert Mugabe and send them all to Zimbabwe where they are chronically short of coinage and they really do use the US dollar. Another country where at least the Sackies and the fake Sackies circulate is Ecuador.

Maybe they can dollarise the Iranian economy since the Rial is worthless and we can punish them and send them unwanted Prexibux.

 

This is old news. The errors have been pulled and the new $100s will start circulating in October.

 

No, this is a new error. If you read the article, it's on top of all the previous problems they already had.

 

Whoops. You're right.

I guess we're going to see a lot of missed errors and star notes.

 

Wow. I highly doubt they would ever bring back the $500 and $1,000 bills anytime soon, considering that both can now be used in the illegal drug industry.

 

I didn't realize the Federal Reserve has the right to refuse the bills as opposed to simply alert the BEP to a problem that needs correcting. I guess they must be one of a few private concerns that can dictate to the government what they deem acceptable and the government must comply.

 

They've actually been planning the new $100 notes since February 2011.

 

I have no idea what this means to my statement. I am referring to the thirty million notes the Federal Reserve is returning to the BEP. They are not asking for their money back, they are demanding their money back. (See the link posted in the original thread.)

 

enter the future of large denomination money, money with RFID chips.... im betting in next 10-20 years