What is a $100 Note Called?
A $100 note in the United States is commonly referred to as a "Benjamin". This nickname stems from the portrait of Benjamin Franklin, one of the Founding Fathers, which prominently features on the front of the bill. The $100 bill is the highest denomination of U.S. currency currently in circulation.
Why is the $100 Bill Called a "Benjamin"?
The term "Benjamin" for the $100 note is derived from the image of Benjamin Franklin, who is celebrated for his contributions as a statesman, inventor, and diplomat. Franklin was chosen for the bill due to his significant impact on American history and his role in drafting the Declaration of Independence.
Features of the $100 Bill
Understanding the features of the $100 bill can enhance your appreciation of its design and security elements. Here are some key features:
- Color-Shifting Ink: The numeral "100" in the lower right corner shifts from copper to green when tilted.
- 3D Security Ribbon: A blue ribbon woven into the paper with images of bells and the numeral "100" that move when the bill is tilted.
- Portrait Watermark: A watermark of Benjamin Franklin is visible from both sides when held up to the light.
- Security Thread: Embedded security thread glows pink under ultraviolet light and is inscribed with "USA 100".
History of the $100 Bill
The $100 bill has evolved significantly since its introduction. Initially issued in 1862, the design has undergone numerous updates to incorporate advanced security features and modern aesthetics. The most recent redesign in 2013 introduced the blue 3D security ribbon and other enhancements to combat counterfeiting.
How is the $100 Bill Used in the Economy?
The $100 bill plays a crucial role in both domestic and international transactions. Here are some ways it is utilized:
- Large Transactions: Preferred for substantial cash transactions due to its high value.
- International Trade: Often used in global trade and as a reserve currency.
- Savings: Commonly held for savings and investment purposes due to its stability.
Comparison of U.S. Currency Denominations
Here’s a quick comparison of some key features across different U.S. currency denominations:
| Feature | $1 Bill | $20 Bill | $100 Bill |
|---|---|---|---|
| Portrait | George Washington | Andrew Jackson | Benjamin Franklin |
| Color-Shifting Ink | No | Yes | Yes |
| Security Thread | No | Yes | Yes |
| 3D Security Ribbon | No | No | Yes |
People Also Ask
What is the Symbol on the $100 Bill?
The $100 bill features several symbols, including a quill and inkwell, which represent the signing of the Declaration of Independence. Additionally, the back of the bill displays an image of Independence Hall.
How Many $100 Bills are in Circulation?
As of recent estimates, there are over 16 billion $100 bills in circulation worldwide. This number reflects the bill’s popularity and its use as a global currency.
Why is Benjamin Franklin on the $100 Bill?
Benjamin Franklin is on the $100 bill due to his pivotal role in American history. He was a key figure in the American Enlightenment and contributed significantly to the founding of the United States.
What Security Features are Unique to the $100 Bill?
The $100 bill’s unique security features include the 3D security ribbon and the color-shifting ink. These features help deter counterfeiting and ensure the bill’s authenticity.
How Can You Authenticate a $100 Bill?
To authenticate a $100 bill, check for the 3D security ribbon and the watermark of Benjamin Franklin. Additionally, verify the color-shifting ink on the numeral "100" and the security thread that glows under ultraviolet light.
Conclusion
The $100 note, affectionately known as a "Benjamin," is a significant part of the U.S. currency system, renowned for its advanced security features and historical significance. Whether used for large transactions, savings, or international trade, this bill remains a symbol of economic stability and American heritage. For more on U.S. currency, consider exploring the history of other denominations or the evolution of security features in modern banknotes.
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