New U.S. $100 Bill Issuance To Be Delayed

Discussion in 'Paper Money' started by Drago the Wolf, Oct 2, 2010.

  1. Drago the Wolf

    Drago the Wolf Junior Member

    Saw this on Where's George, and got an email from the BEP:

    Federal Reserve Announces Delay in the Issue Date of Redesigned $100 Note

    On October 1, the Federal Reserve Board announced a delay in the issue date of the redesigned $100 note. This new design incorporates cutting edge, anti-counterfeiting technologies and the Federal Reserve imposes strict quality controls to ensure that users of U.S. currency around the world receive the highest quality notes. The Bureau of Engraving and Printing manufactures Federal Reserve notes and has identified a problem with sporadic creasing of the paper during printing of the new $100 note, which was not apparent during extensive pre-production testing. As a consequence, the Federal Reserve will not have sufficient inventories to begin distributing the new $100 notes as planned.
    The Bureau of Engraving and Printing is working to resolve this problem, and the Federal Reserve Board will announce a new issue date for the redesigned $100 note as soon as possible. The originally scheduled issue date was February 10, 2011.

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    Thois bums me out big time. I want to get me hands on some of those new hundies. :mad:
     
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  3. jloring

    jloring Senior Citizen

    Did you read Bix Weir's take on this?

    "...the bill in all the sample photos is "SERIES 2009"? I believe that the new $100's are ready to go and HAVE BEEN READY SINCE THE ONSET OF THE CREDIT CRISIS! They were waiting for the crash and the return to a gold standard. With this announcement they might as well say ...WE ARE READY TO COLLAPSE THE SYSTEM!!"
     
  4. Texas John

    Texas John Collector of oddments

    Paranoia runs deep.
    Into your life it will creep.
    It starts when you're always afraid.
    Step out of line, the Man come and take you away.
     
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