Printing Snafu Delays High-Tech $100 Bills

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    NEWSLETTERS

    New design of the $100 bill is shown after it was unveiled at the Treasury Department in Washington, Wednesday, April 21, 2010. (AP Photo/Manuel Balce Ceneta)

    Can't wait to get your hands on the new high-tech $100 bills? Well, you're going to have to.

    The government said Friday that the planned February release of the new bill has been postponed because of printing troubles.

    So for all of you lining up to turn in those old Benjamins you've been using as coasters on your coffee table, you're going to have to make do for a while longer.

    The Bureau of Engraving and Printing, which produces the government's paper money, said the new bills have come out of some of the initial printing runs with unwanted creases. (How dare they!)  The bills have been redesigned with sophisticated elements aimed at thwarting counterfeiters.

    The Federal Reserve said Friday that the release of the bills, originally set for Feb. 10, will be delayed until the problem is resolved.

    The Fed, which puts the currency into circulation, said it will announce a new date as soon as possible.