New $100 bills run into $3.7 million error
(KPLR) – There’s a redesigned $100 bill that it may not be in your wallet for a while.
The federal government’s Bureau of Engraving And Printing has reportedly hit a production hiccup at one of the country’s two currency factories. The problem is something called “mashing”. It happens when too much ink is applied to the paper and the lines aren’t as crisp as they should be.
The error reportedly costs $3.7 million to correct. It costs 12 cents to produce each bill and another $12,000 to destroy them.
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