Ink error forces U.S. to scrap $3 billion in $100 notes

Thanks to a printing error, almost $3 billion worth of U.S. $100 bills are headed for the trash can, reports the National Post.

By Staff | August 15, 2013 | Last updated on August 15, 2013

1 min read

Thanks to a printing error, almost $3 billion worth of new U.S. $100 bills are headed for the trash can, reports the National Post.

Read: BoC refutes polymer-note design complaints

“The bills apparently fell victim to ‘mashing’ or too much ink, resulting in a less-crisp image,” notes the report.

Read more here.

Also read:

Carney says British notes will feature Jane Austen

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.

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