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New $100 bills start circulating Tuesday

[October 07, 2013]  WASHINGTON (AP) -- The new $100 bill, with an array of high-tech features designed to thwart counterfeiters, will get its coming out party on Tuesday, partial government shutdown or not.

The Federal Reserve, which has not been affected by the shutdown, will have armored trucks rolling from its regional banks around the country headed to banks, savings and loans and other financial institutions with the new C-notes.

The bills took more than a decade to develop and the introduction was plagued by production problems that set back the rollout by 2 1/2 years. But officials say the problems have now been fixed.

Some bank customers could start seeing the new bills by Tuesday afternoon depending on how close their bank is to a regional Fed facility.

[Associated Press]

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