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WASHINGTON DC 8 Oct 2013 Redesigned $100 dollar bill released

A redesigned $100 bill goes into circulation on Oct 8. The $100 bill is one of the most frequent targets for counterfeiters across the wo

October 8, 2013 - NULL

WASHINGTON DC 8 Oct 2013 Redesigned $100 dollar bill released

A redesigned $100 bill goes into circulation on Oct 8. The $100 bill is one of the most frequent targets for counterfeiters across the world, and the United States Federal Reserve expects the cutting edge microscopic lenses on the blue security ribbon to put the makers of the $100 fakes out of business. The release comes with an education program to help people spot the fakes. The security features also include a disappearing Liberty Bell in an inkwell. American icon Benjamin Franklin remains on the face on the $100 bill

WASHINGTON DC 8 Oct 2013 Redesigned $100 dollar bill released

A redesigned $100 bill goes into circulation on Oct 8. The $100 bill is one of the most frequent targets for counterfeiters across the world, and the United States Federal Reserve expects the cutting edge microscopic lenses on the blue security ribbon to put the makers of the $100 fakes out of business. The release comes with an education program to help people spot the fakes. The security features also include a disappearing Liberty Bell in an inkwell. American icon Benjamin Franklin remains on the face on the $100 bill.

The series of bill redesigns began in 2003 when the government first modified the $20 bill. Redesigns for the $50, $10 and $5 bills closely followed. They and the new $100 dollar bill feature more color than their green predecessors.

The Fed says that introduction of the new note was postponed from its original February 2011 circulation target due to an "unexpected production delay."

The Federal Reserve notes that this is the fourth time the $100 bill has been redesigned. It has been changed three times in the last 20 years, mainly with the addition of improvements to stay ahead of counterfeiting technology. (WRITTEN APR 2013)

new $100 bill, new 100-dollar bill, redesigned $100 bill, counterfeiters, counterfeiting, counterfeiting technology, United States Federal Reserve, US currency, Benjamin Franklin, currency news, United States, Americas, October 2013

RELATED READING:
New Money
http://www.federalreserve.gov/newsevents/press/other/20130424a.htm

$100 Bill Redesigned: How Will New Design Discourage Counterfeit Money? (iScience 24 Apr 2014)
http://www.isciencetimes.com/articles/5007/20130424/100-bill-redesigned-new-design-discourage-counterfeits.htm

Date written/update: 2013-10-08