A Comprehensive Guide to US 100 Dollar Bill History

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Close-Up of One US Dollar
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The US 100 dollar bill has a rich history that spans over a century. The first $100 bill was issued in 1862 by the US government.

It was designed to help finance the Civil War. The original $100 bill featured a portrait of Salmon P. Chase, the Secretary of the Treasury at the time.

The design of the $100 bill has undergone several changes over the years. In 1869, the $100 bill was redesigned to feature a portrait of Abraham Lincoln, the 16th President of the United States.

History of the $100 Bill

The $100 bill has a rich history that spans over a century. It was first introduced in 1862 as a United States Note, also known as a "greenback", during the Civil War.

The first $100 bill featured a portrait of Salmon P. Chase, the Secretary of the Treasury at the time. It was a significant denomination, as the average annual salary in the United States was around $300.

The design of the $100 bill has undergone many changes over the years, with the introduction of new security features and anti-counterfeiting measures.

Small Size Notes

Credit: youtube.com, History of Small Size US Currency - 1950's-1970's Transition, One Hundred Dollars - Part 11

The small size notes, also known as the $100 bill, have undergone several changes since its introduction in 1862.

The first $100 bill was issued in 1862, and it was a gold certificate featuring a portrait of Salmon P. Chase, the Secretary of the Treasury.

These early notes were not widely circulated, and their use was mainly limited to large transactions.

The $100 bill was also used as a gold certificate, allowing it to be exchanged for gold.

In 1869, the $100 bill was redesigned to feature a portrait of Abraham Lincoln.

The 1869 redesign included a vignette of Lincoln's birthplace, and the note was printed on a more durable paper.

The gold certificate feature was removed from the $100 bill in 1879, and it became a standard Federal Reserve note.

The 1882 $100 bill featured a portrait of Lincoln's portrait, along with a vignette of the Lincoln Memorial.

History

The $100 bill has a rich history that spans over a century. The first $100 bill was issued in 1862, during the Civil War, to help finance the war effort.

Credit: youtube.com, History Of 100 US Dollar Bill And its Evolution And New 100$ US Dollar Bill

The bill was initially made of paper and featured a portrait of Salmon P. Chase, the Secretary of the Treasury at the time. Chase was a prominent figure in American history and a strong advocate for the abolition of slavery.

The $100 bill remained largely unchanged for over 50 years, until 1913 when the design was updated to include a portrait of Woodrow Wilson, the 28th President of the United States. Wilson's presidency was marked by significant social and economic changes, including the creation of the Federal Reserve System.

The $100 bill continued to evolve over the years, with new security features and designs being added to prevent counterfeiting and improve its durability. In 1928, the bill was redesigned to feature a portrait of Benjamin Franklin, one of America's founding fathers and a leading figure in the Enlightenment.

Life Cycle of a $100 Note

The life cycle of a $100 note is a fascinating process that involves several stages before it reaches our hands. It starts with design, where the Federal Reserve creates the layout and features of the note.

Credit: youtube.com, The evolution of the 100 bill

The design stage is followed by an order, where the Federal Reserve places an order for the notes to be printed. In 2018, a staggering 1.67 billion $100 notes were printed as part of the Federal Reserve's print order.

Once the order is placed, the notes go into production, where they are printed and prepared for circulation. This is a crucial step, as it ensures that the notes are of high quality and ready for use.

The final step in the life cycle of a $100 note is issuance, where the notes are released into circulation. It's estimated that a $100 note can last for around 15 years before it's withdrawn and replaced.

Here's a breakdown of the estimated lifespan of $100 notes in circulation:

  • Estimated Lifespan: 15 Years
  • Value in Circulation (2017): $1.25 Trillion

Security Features

The security features on the US 100 dollar bill are designed to prevent counterfeiting and ensure authenticity. The embedded security thread, which runs vertically to the left of the portrait, glows pink when illuminated by ultraviolet light.

Credit: youtube.com, How the $100 Bill Prevents Counterfeiting, And How It’s Counterfeited Anyway | Tales From the Bottle

This thread is imprinted with the letters USA and the numeral 100 in an alternating pattern and is visible from both sides of the note. The new security threads were first added to U.S. currency in 1990 and have recently been improved to appear in different locations depending on the denomination.

The serial number on the new bills is especially important for banks, as no two serial numbers are the same, and it has been increased to 11 digits. The redesigned Federal Reserve seal and code also indicate the bill's issuing bank, adding an extra layer of security.

Security Thread

Security threads are a crucial feature in modern currency, and they've been around for a while. They first appeared in some early versions of paper currency, where the number of threads represented a specific denomination.

The new security threads in U.S. currency, introduced in 1990, have been improved and now run the width of the currency. They help prevent counterfeiters from raising the denomination of a note by bleaching out the paper and printing a higher denomination.

Credit: youtube.com, New US $100 Bill Design and Security Features

The security thread glows red when held over ultraviolet light, making it harder for counterfeiters to create fake notes. This feature is particularly useful in the redesigned notes, where the thread appears in a different location depending on the denomination.

You can check if a note has a security thread by holding it to light, and it will be visible from both sides of the note.

Watermark

The Watermark is a subtle yet effective security feature found on some currency notes. It's designed to be visible when held up to light.

To spot a Watermark, you need to hold the note up to light and look for a faint image. This image is usually located in a blank space to the right of the portrait.

The Watermark is visible from both sides of the note, which makes it a clever way to verify the authenticity of the note.

Microprinting

Microprinting is a security feature that's almost impossible to replicate accurately on photocopiers. Most copiers just can't handle the high resolution required to reproduce the tiny print.

Credit: youtube.com, MICRO TEXT- MICROTEXT PRINTING- SECURITY FEATURES

The introduction of microprinting in 1990 added the words "The United States of America" printed around the edge of the portraits. These words are now printed around Ben Franklin's lapel.

The Treasury hopes the combination of many anti-replication features will help deter potential counterfeiters. Improved scanning devices are making it easier to print at this fine detailed level, so it's a cat-and-mouse game between security and counterfeiting.

To verify the authenticity of a $100 note, look for the raised printing on the surface. Move your finger along the note's surface to feel the distinctive texture.

Here's a quick rundown of what to look for:

  • Microprinting appears as a thin line to the naked eye but can be easily read upon magnification.
  • The words "The United States of America" are printed around the edge of the portraits, or around Ben Franklin's lapel.
  • A unique combination of eleven numbers and letters appears twice on the front of the note.
  • The note features a portrait of Benjamin Franklin on the front and a vignette of Independence Hall on the back.

Color-Shifting Ink

The new $100 bill features a pretty cool security feature called color-shifting ink. This ink changes from black to green when the bill is tilted.

The change in color is caused by multi-layered metallic flakes added to the ink. These flakes reflect light at different wavelengths, creating the color-shifting effect.

Credit: youtube.com, Fake100colorshift

This type of ink has already been used on some foreign currency and on the newest U.S. passports. It's a clever way to add an extra layer of security to the bill.

The Treasury is hopeful that this feature will be difficult to counterfeit because the special combination of materials and ink is sold exclusively to the United States government.

Serial Number and Treasury Seal

The serial number on US currency is a crucial security feature. It's unique, with no two numbers being the same.

On new bills, the serial number has been increased to 11 digits, making it even more difficult to counterfeit. This added security measure helps banks and financial institutions verify the authenticity of the currency.

The Treasury seal, located to the right of the portrait, is another important security feature. The design of the seal has been changed to incorporate an English inscription, which appears on all Federal Reserve notes from the 1969 series year or later.

The old green Treasury seal, hidden behind the "100" on older bills, remains an important security feature. It's a detailed combination of green and black that's difficult to reproduce, but like all overt features, it will require continuous upgrades and additions as new technology arises.

Design and Production

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The design and production of the US 100 dollar bill is a fascinating process. Intaglio printing is the technique used to create its distinctive look.

A master engraver painstakingly produces the beautiful art on steel plates, which form the actual production plates used during the printing process.

Large Size Notes

Large Size Notes can be a challenge to design and produce.

Standard large size notes are 6.37 inches long and 2.61 inches wide, making them slightly larger than regular notes.

In terms of paper quality, large size notes require a heavier weight paper, typically 80 gsm or higher, to prevent them from bending or tearing easily.

A common mistake is to use the same font size and spacing as regular notes, but large size notes often require a larger font size to ensure readability.

Treasury Seal

The Treasury Seal is a distinctive feature on U.S. currency, representing the U.S. Department of the Treasury.

Located to the right of the portrait, the Treasury Seal is an important security feature that has undergone a design change to incorporate an English inscription.

Credit: youtube.com, Inside the U.S. Treasury: The Truth About Black Budget Printing - Hidden Dollar Production

The new design appears on all Federal Reserve notes of the 1969 series year or later, indicating a significant update to the original design.

The Treasury Seal is particularly notable for its combination of green and black colors, which is difficult to reproduce and will remain an important security feature.

The old green Treasury Seal, hidden behind the "100", has been a part of U.S. currency for a long time and will continue to be an essential security feature.

Intaglio Printing

Intaglio printing is a labor-intensive process that creates the distinctive look of U.S. currency. The process begins with an engraving of the portrait and fine line detail on steel plates by a master engraver.

These master plates are the foundation of the production process, serving as the actual plates used during printing. The intricate details and fine lines are a testament to the skill and craftsmanship of the engraver.

The master plates are painstakingly produced, requiring a high level of precision and attention to detail. This attention to detail is essential in creating the unique and secure design of U.S. currency.

Currency Paper

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Currency paper is made from a special blend of cotton and linen fibers, which gives it a unique feel and makes it extremely durable.

This special blend is continuously refined until the currency paper achieves its distinctive feel, which is hard to replicate.

Bank tellers can easily tell if a bill is counterfeit just by handling it, thanks to this distinctive feel.

The characteristic yellowish-green tint of U.S. currency is another feature that's difficult to accurately match with color photocopiers.

This tint is a distinctive feature that's been incorporated into the design of U.S. currency.

Special Considerations

The estimated lifespan of a $100 bill is around 22.9 years, quite a long time considering it's circulating for that long. The average lifespan of a $1 bill, in contrast, is just 6.6 years.

There are a lot of $100 bills in circulation, with around 18.5 billion in 2022, valued at about $1.84 trillion. This is a staggering amount of money.

The number of C-notes in circulation has doubled since the 2007-2008 financial crisis, likely due to people's mistrust of the financial system.

Is the C-Note the Most Common U.S. Denomination?

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The C-Note is indeed the most common denomination of U.S. currency, with more $100 bills in circulation than $1 bills. This might surprise you, but it's true.

Many establishments are hesitant to accept large bills for cash transactions, which can be inconvenient if you're trying to pay with a C-Note.

Still Used?

The term "C-note" is still used, but less frequently. More people use Benjamin or Franklin as an alternate term for the $100 bill, as Benjamin Franklin is pictured on the note.

In some cases, people may still use C-note due to its historical significance. The letter C is the Roman numeral for the number 100.

It's worth noting that the term "C-note" may be more commonly used in certain regions or communities. However, its usage has declined over time.

The $100 banknote from 1869 to 1914 featured the letter C, which may be the origin of the term "C-note".

Special Considerations

The lifespan of a $100 bill is estimated to be around 22.9 years if it stays in circulation that long.

Close-up of a One US Dollar Bill
Credit: pexels.com, Close-up of a One US Dollar Bill

The average lifespan of a $1 bill is significantly shorter, at just 6.6 years. This is a stark contrast to the longer lifespan of $100 bills.

Roughly two-thirds of $100 bills in circulation are used outside the U.S.

There were approximately 18.5 billion $100 bills in circulation in 2022, valued at about $1.84 trillion.

The number of $100 bills in circulation has doubled since the 2007-2008 financial crisis.

Demand for $100 bills peaks around the winter holidays and Lunar, or Chinese, New Year, making them a popular gift item.

28 reserve bank cash offices stockpiled 3.5 billion redesigned $100 bills in 2013, which were then distributed to around 9,000 banks.

Contemporary Bills

Contemporary $100 bills show an enlarged portrait of Franklin on the front and a 100 in each corner. The $100 bill has been the largest printed denomination since 1969.

A blue 3-D motion strip runs down the middle of the $100 bill, an effort to prevent counterfeiting.

Frequently Asked Questions

How to tell if a $100 bill from 1990 is real?

To verify a 1990 $100 bill, look for an embedded thread with the letters "USA" and the number "100" in an alternating pattern, visible from both sides of the note. Holding the bill to light will make this security feature easily visible.

Who is the hidden face on the $100 bill?

The hidden face on the $100 bill is Benjamin Franklin, visible from both sides of the note when held to light. Look for a faint image of him in the blank space to the right of the portrait.

How much is a $100 bill from 1977 worth?

A $100 bill from 1977 is generally worth its face value, but rare, high-condition notes can be valuable. Check eBay for affordable options and learn more about their potential worth.

Teri Little

Writer

Teri Little is a seasoned writer with a passion for delivering insightful and engaging content to readers worldwide. With a keen eye for detail and a knack for storytelling, Teri has established herself as a trusted voice in the realm of financial markets news. Her articles have been featured in various publications, offering readers a unique perspective on market trends, economic analysis, and industry insights.

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