The United States one hundred-dollar bill ($100) is a denomination of United States currency. U.S. statesman, inventor, and diplomat Benjamin Franklin is currently featured on the obverse of the bill. On the reverse of the banknote is an image of Independence Hall. The $100 bill is the largest denomination that has been printed since July 13, 1969, when the denominations of $500, $1,000, $5,000, and $10,000 were retired. The Bureau of Engraving and Printing says the average life of a $100 bill in circulation is 90 months (7.5 years) before it is replaced due to wear and tear.
One hundred hundred-dollar bills are delivered by Federal Reserve Banks in mustard-colored straps ($10,000).
The Series 2009 $100 bill redesign was unveiled on April 21, 2010, and was to be issued to the public on February 11, 2011, but production was shut down in December 2010 because as many as 30% were unusable due to a manufacturing flaw. A vertical crease in the paper reveals a blank space on the bill when pulled out. In their replacement, and continuing the high demand of this denomination, the Series 2006A was launched retaining the previous design (1996-generation).
On April 24, 2013, the Federal Reserve announced the new $100 bill would enter circulation on October 8, 2013