
“The C-note just got a colorful makeover — and a heftier price tag. The revamped $100 bill costs 12.5 cents to produce — a 60% increase over the 7.8 cents it cost to print the older version of the bill. The government has printed 3.5 billion of the new $100 bills, which it began delivering to financial institutions Tuesday. How soon customers will see the new bills depends on their distance from a regional Fed office, demand, and a few other factors. Among the reasons it’s more expensive than the older currency: Its new security features, which help prevent counterfeiting.”
http://www.marketwatch.com/story/new-100-bill-costs-60-more-to-produce-2013-10-08
Related posts:
Gold Lures Japan’s Pension Funds as Abe Targets Inflation
Texas lawmaker wants to make federal weapons ban illegal in Texas
Civil-liberties groups seek hearings on DEA's use of intelligence
Grand jury indicts police officer who killed unarmed man seeking help
Supreme Court Messes With East Texas ‘Patent Troll’ Hotbed
How the Elderly Lose Their Rights
Federal Reserve confirms its computers were hacked
Credit card donations to WikiLeaks once again flowing through Iceland
Switzerland looks to liberalise cryptocurrency banking access
Massachusetts prodded by feds on REAL ID with security restrictions
What lies behind this eye-catching 7pc 'savings bond’?
Detroit Billionaires Get Arena Help as Bankrupt City Suffers
Anger after Bill Gates gives £6m to British lab to develop GM crops
Pro-democracy protest in Hong Kong draws tens of thousands
CIA 'mistakenly' destroys copy of 6,700-page US torture report