Tuesday, December 7, 2010

The Bad Ben Bluster


Red-faced: Bureau of Engraving and Printing manager Kevin Brown displays a new $100 bill at the World's Fair of Money in Boston in August. Now a flaw with the new bills has halted production
A new $100 bill on display at the World Fair of Money in August



More than 1 billion Benjamin's have been quarantined due to a printing error. This error will cost about $120 million dollars for the United States from production cost alone.

The bad money is being held in Fort Worth Texas and in Washington D.C.

These new bills, at first, appear the same as regular bills. However when they are pulled at the ends a crease unfolds creating a white line across the bill.

It would seem that these new bills are not as fool proof as the treasury thought.