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When it comes to paper money in the United States, one of the most iconic bills is the 100 dollar bill. The front side of this bill features Benjamin Franklin, while the back side features a picture of Independence Hall. But there’s more to this bill than just its aesthetics. Here’s a closer look at the 100 dollar bill and what makes it unique.
Design and Security Features
The design of the 100 dollar bill has undergone several changes since it was first introduced in 1862, but some of the key features have remained the same. On the front side of the bill, you’ll find a portrait of Benjamin Franklin, one of the founding fathers of the United States who was also a scientist, writer, and diplomat. The back side of the bill features a picture of Independence Hall, where the Declaration of Independence and the United States Constitution were both signed.
But what’s really interesting about the 100 dollar bill are the security features that have been added over the years to prevent counterfeiting. In fact, the 100 dollar bill has more security features than any other denomination of U.S. currency. Some of these features include:
- Microprinted words that are too small to read with the naked eye
- A security thread that glows under ultraviolet light
- A watermark of Benjamin Franklin that is visible when held up to the light
- A raised printing technique called intaglio that can be felt by touching the bill
These features make it much harder to counterfeit the 100 dollar bill. In fact, the Federal Reserve estimates that less than 1% of all 100 dollar bills in circulation are counterfeit.
Value and Usage
Of course, the most obvious thing about the 100 dollar bill is its value. While it may not be the highest denomination of U.S. currency (that would be the 10,000 dollar bill, which is no longer in circulation), the 100 dollar bill is still worth a pretty penny. It’s often used in large transactions, such as buying a car or paying rent, and it’s one of the most widely recognized bills around the world.
But despite its value, the 100 dollar bill isn’t as widely used in everyday transactions as some of the lower denominations, such as the 1 dollar bill or the 20 dollar bill. This is largely because many businesses simply don’t keep that much cash on hand, and it’s easier to make change with smaller bills. However, the 100 dollar bill is still an important part of the U.S. economy, and it’s likely to remain in circulation for many years to come.
The Future of the 100 Dollar Bill
Despite its popularity and security features, there have been some calls to retire the 100 dollar bill. Some argue that it’s too easily used in illegal activities such as money laundering and drug trafficking, and that eliminating it would help prevent these crimes. Others argue that it’s simply not necessary to have such a high denomination of paper currency in an increasingly digital world.
For now, however, the 100 dollar bill remains in circulation and continues to be a symbol of American currency around the world. Whether it will remain so for years to come remains to be seen, but one thing is certain: the 100 dollar bill is an important part of U.S. history and culture.
Whether you have a 100 dollar bill in your pocket or not, it’s hard to deny the impact that this bill has had on the United States and the world at large. From its iconic design to its numerous security features, the 100 dollar bill is a fascinating piece of paper currency. And while its future may be uncertain, for now it remains a symbol of American prosperity and power.
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