Tuesday marked the Federal Reserve’s release of the new $100 bill to banks. This is the first time the bill has been redesigned since 1996. (I wonder what they’ll do with the old $100s they are taking out of circulation!?) The goal of the redesign is to deter counterfeiters from making it rain with fake bills. The good news is there are several features that make the new bill harder for the bad guys to manufacture.
Security Features of the New C-Note
- The portrait of our beloved Ben Franklin has been simplified and altered.
- The new bill boasts a big blue strip down the middle – this isn’t a printing error. Depending on your angle, the strip image changes from Liberty Bells to the number 100.
- The new bill boasts a new icon (to Franklin’s left) – a copper-colored inkwell that changes color.
- The texture of the bill has been changed to use “raised printing.” The raised printing creates a distinctive feel.
- A large gold quill (current-day translation: an ink pen) has been added near the inkwell.
- A reflective “100” label sits in the lower right corner of the bill. Depending on your angle it’ll look copper or green.
How to Spend That New $100
Even with the fancy new design, a hundred bucks still spends just as easy as it always has. I’m sure all of this money talk has you itching to spend or go shopping! In case you’re curious just what $100 can get you these days, here are 10 creative ideas.
- Buy an Apple iPhone 5 with 16GB memory at Best Buy.
- Feed three children for a whole month with Feed the Children.
- Pay for a night in a five-star Vegas hotel suite with $50 credit to use in the hotel with Travelzoo.com.
- Open a Roth IRA or 529 savings plan with as little as $100.
- Buy three facials for half-off on Groupon.com.
- Get two tickets to see Robin Thicke in concert – StubHub.com.
- Buy three Poang armchairs or a Lacko dinette set at IKEA.
- Buy a pair of prescription glasses AND have another donated to a person in need by Warby Parker.
- Donate two flocks of chicks and a trio of rabbits to an international village in need through Heifer International.
- Buy a sterling silver ring or charm from Tiffany.
Let us know if you’d like to weigh in on the new $100 bill or if you have a creative idea on how to spend $100 in the comments below!