American Currency Part 2: How Money Leaves Circulation

Beginning this October, the new design of the $100 bill (http://usat.ly/11PJPTy) will be put into circulation by the Federal Reserve. The new bill has multiple layers of security to help combat counterfeiters. But with approximately $1.2 trillion in circulation as of July 10, 2013 (http://1.usa.gov/m4CQG0), and more entering October 8th, we started to wonder what happens to the older bills with styles that are ready to retire into history and ones that just can’t physically carry on anymore.

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