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The United States one-hundred-dollar bill (US$100) is a denomination of United States currency.The first United States Note with this value was issued in 1862 and the Federal Reserve Note version was first produced in 1914. [2]
In addition, notes of entirely new design were introduced in denominations of $50, $100, $500 and $1,000. The Demand Notes' printed promise of payment "On Demand" was removed and the statement "This Note is a Legal Tender" was added.
Starting 1996, all notes except $1 and $2 were redesigned to have a larger portrait of the people depicted on them. Since 2004, all notes (except $1 and $2) were progressively changed to have different colors to make them more easily distinguishable from each other, until the last such note was introduced in 2013 (the $100).
A new one-hundred-dollar note was released in May 2016 along with the newly designed twenty-dollar and fifty-dollar notes, as part of the Series 7 banknote release (described by the Reserve Bank as the "Brighter Money" series). The new five-dollar and ten-dollar notes had previously been released in October 2015. [8]
Only the $50 note had more cash value in circulation. [9] In June 2008 there were 176.9 million notes in circulation (19%), with a value of $17,690 million (42.1%). In June 2017, 337 million $100 notes were in circulation, [10] 22% of the total notes in circulation; worth $33,689 million, 46% of the total value for all denominations. [11]
On the genuine $100 bill, for example, the left base vertical line of the lamp post near the figure on the reverse of the $100 note is weak. The first supernotes printed this line too distinctly, rendering the counterfeit more authoritatively printed than the original. Later supernotes over-corrected this strong line by removing it altogether.
The United States one-hundred-thousand-dollar bill (US$100,000) is a former denomination of United States currency issued from 1934 to 1935. The bill, which features President Woodrow Wilson, was created as a large denomination note for gold transactions between Federal Reserve Banks; it never circulated publicly.
The new $50 note was released for circulation on 18 October 2018, [20] followed by the new $20 note on 9 October 2019, [21] and the new $100 was released on the 29 October 2020. [ 22 ] [ 23 ] The Reserve Bank currently has no plans to release fourth series notes in denominations higher than $100, despite the amount of inflation that has ...