New $100 bill redesigned, Photo's and Explore Interactive Note
U.S. Treasury Secretary Timothy F. Geithner and Federal Reserve Chairman Ben S. Bernanke introduced the latest remake of the $100 bill, featuring advanced security designs and a larger portrait of founding father Benjamin Franklin.
The bills, viewable at www.newmoney.gov/, will go into circulation in February 2011.
The new look, aimed at thwarting counterfeiters, has several new security features, including a “3-D Security Ribbon” and an image of a bell on the front of the note that, when tilted, changes in color from copper to green. The reverse side of the bill includes a new vignette of Independence Hall in Philadelphia.
“As with previous U.S. currency redesigns, this note incorporates the best technology available to ensure we’re staying ahead of counterfeiters,” Geithner said in a statement.
The bills also retain from the previous version a portrait watermark of Franklin, who signed the Declaration of Independence, as well as a security thread and a “color- shifting numeral 100, officials announced at the unveiling ceremony at the Treasury in Washington.
“When the new design $100 note is issued on Feb. 10, 2011, the approximately 6.5 billion older design $100s already in circulation will remain legal tender,” Bernanke said. “U.S. currency users should know they will not have to trade in their older design $100 notes when the new ones begin circulating.”
The $100 bill is the largest denomination note printed by the Bureau of Engraving and Printing, a division of the Treasury. Larger denominations of $500, $1,000 and more are no longer issued but remain in circulation, especially among collectors.
Source; [ Bloomberg, Youtube U.S.Currency ]
