Are There 2 Types Of 100 Dollar Bills
When it comes to the United States currency, the $100 bill is one of the most valuable bills in circulation. Many people carry this bill in their wallets, and it is also a popular choice for gift-giving. However, there is some confusion around whether there are 2 types of $100 bills. Let's dive into this topic and explore the facts.
The New $100 Bill
In 2013, the Federal Reserve introduced a new design for the $100 bill. This updated bill includes several security features, such as a 3D security ribbon, color-shifting ink, and a portrait watermark. The bill also features a new design for Benjamin Franklin, which includes a larger portrait and more intricate details.
The new $100 bill is sometimes referred to as the "blue strip" or "3D" bill because of its security features. This bill is the only version of the $100 bill that is currently being printed by the Federal Reserve.
The Old $100 Bill
Before the new $100 bill was introduced, there was an older version of the bill that was in circulation. This bill featured a smaller portrait of Benjamin Franklin and did not include the 3D security ribbon or other security features of the new bill.
While the old $100 bill is still legal tender, it is becoming increasingly rare to come across one in circulation. The Federal Reserve is no longer printing this version of the bill, and many businesses may refuse to accept it due to concerns about its authenticity.
Why the Confusion?
The confusion around whether there are 2 types of $100 bills likely stems from the fact that some people may still have the old version of the bill in their possession. While this bill is still technically valid, it is becoming less common as more of the new bills are printed and circulated.
Additionally, there are some counterfeit versions of the $100 bill that may be in circulation. These counterfeit bills may look similar to the real thing, but they often lack the security features of the new bill and may be easily detected by businesses and individuals who are familiar with the real bill.
Conclusion
So, are there 2 types of $100 bills? Technically, yes - there is the old version of the bill and the new version with updated security features. However, the old version is becoming increasingly rare and may not be accepted by all businesses. If you come across a $100 bill, be sure to check for the security features of the new bill to ensure that it is authentic.
Overall, the $100 bill remains an important part of the United States currency and is a valuable tool for commerce and trade. By understanding the differences between the old and new versions of this bill, you can stay informed and make informed decisions when using or accepting this valuable form of currency.