We're Having Big Trouble Printing $100 Bills
30M of the bills didn't cut the mustard
By Kate Seamons, Newser Staff
Posted Aug 14, 2013 5:56 AM CDT
Updated Aug 14, 2013 7:33 AM CDT
In this March 21, 1996 file photo, stacks of $100 bills await the printing of their serial numbers, at the Bureau of Engraving and Printing in Washington.   (AP Photo/Doug Mills)

(Newser) – The US is less than two months away from getting its new $100 bills—hopefully. The Oct. 8 release date is already more than two years behind schedule, a delay caused by production problems that apparently have not abated. Writing for the New Yorker, David Wolman reports that the Bureau of Engraving and Printing has hit yet another snag, per a memo from the bureau. The country has just two currency-printing facilities, and the Washington, DC, location has had a "mashing" issue, in which the application of too much ink led to what the New Yorker likens to a kid painting outside the lines.

The affected bills are "clearly unacceptable" and internal quality checks apparently missed that. They were delivered to the Fed interspersed with ones that were printed just fine, and now the Fed is sending back some 30 million of them—and won't take any more from the DC location for now. In the meantime, bureau director Larry Felix has, with an eye on Oct. 8, asked the Fort Worth, Texas, facility to step things up. The Atlantic Wire does the math and calculates it that it's a $3.79 million blunder: The bills reportedly cost 12 cents apiece to produce (that's about $3.78 million), and it tacks on another $12,000 for destroying them. But Wolman sees "a possible greater cost," likening the situation to that of "a magician getting caught unloading a crate of bunnies from the back of his truck. It threatens to injure the aura—the almightiness—of the dollar." Click for more on the coming (fingers crossed) bills.

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Showing 3 of 69 comments
Ivan_the_Gypsy
Aug 15, 2013 8:48 PM CDT
If you've ever seen what is hired to work in government jobs you'll understand why they're having printing troubles.
OrneryPup
Aug 15, 2013 12:07 AM CDT
Have Iran print them for us. Last I heard, they were printing $100 bills by the millions that were passing QC.
illuminati13
Aug 14, 2013 12:30 PM CDT
UNITED STATES OF AMERICA DO NOT HAVE A GOVERNMENT, IT HAS BANKS ONLY!!! America is a banking system design by the Rothschild... People believes that America is control by a Government when its control by Wall street. Americans are very uneducated and believe mostly anything you tell them, google America eductation level, we are at the bottom of the charts.Example, Americans pays taxes for 911 on their bills and even through their hard working eranings. Means you aleady pay for medical!!!!! The 16 AMENDEMENT IS A FRAUD! Taxes taken out from your checks is unconstitutional because YOU ARE NOT ALOUD TO TAX ON LABOR!!! USA has more Germans than any other nationality! There more than 60 millions germans in the USA. Meaning this is Germany!! Hitler peoples are doing the same thing here like they did in Germany. They are the Rothschild!! Rothschild are connected to the Draconians from the draco galaxy, which they call the cat eye and the Freemason refers it as the ALL SEEING EYE!!!! Look humans, sheep, puppets, machines, junk dna, whatever they refer you as please wake up!!! Here's are those who has been manipulation humanity over 25,000 years ago since the Lucifer rebellion... they are the followers and workers of the 13 bloodlines, G3 Free Trade Agreement, Group of two,Group of four, Group of six, Group of seven, Group of eight, Major Economies, G8 Summit resorts, Group of nine, The Next Eleven, The Melanesian Spearhead Group, The Cooperation Council of the Arab States of the gulf, Mercosur or Mercosul, MIKT, The African Union, The Commonwealth of Nations, Trilateral summits, The CCTS- Cooperation Council of the Turkic speaking States, The Organization of Islamic Cooperation, The United Nations, The Union for the Mediterranean and The Union of American Nations...