Let's start the Wednesday World Coins and Currency off with something quite funny, so funny in fact that it's worth $110 BILLION DOLLARS! Yes, you have probably heard the news and if you haven't this "new" $100 note was supposed to be circulating over 2 years ago but due to a problem in the printing process (some of the sheets are defective and crease during production), they haven't been put into circulation as of yet.
Now, first off, this is probably the most beautiful U.S. note not in circulation. The security thread is similar to that found on the South Korean 50,000 Won note (it's holographic). Not only that but many of the security features are also beautiful. With the beauty of the note aside, this note is a huge problem for the Bureau of Printing and Engraving (America's Printing Machine). Why they were unable to find the problem before they expended over $110 billion in U.S. taxpayer money is ridiculous! I mean, really? They printed that many notes and no one said anything about it? Sounds like a conspiracy to me! Well to the collector, it leaves room for plenty of error notes, that is if they ever get released! This is probably one of the most expensive numismatic blunders in world history and one of the most powerful countries on the planet is not even able to resolve the problem in an effective manner.
Enough of the hating game, I still wish they were put into circulation sometime soon, but given that the BEP will give about a 6 months notice to retailers and consumers before they introduce the note into circulation, the earliest that this thing will be out will likely be sometime early next year, if they ever fix the problem! To me, it's mind blowing that they weren't able to find the problem sooner, and why not go to the Koreans who successfully printed their 50,000 Won notes. The world never ceases to amaze me sometimes.
Happy Wednesday! PM Company Color-Coded Kraft Currency Straps, Dollar Bill, $50, Self-
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