However
unfortunately it still says 'FEDERAL RESERVE NOTE" on the front top left?
iqdcalls
New $100 bill to enter circulation in October 8, 2013
The United States will put a redesigned $100 bill, including an array of
cutting-edge security features, in circulation in October, the Federal Reserve
said Wednesday.
The
new face of the US $100 dollar note incorporates new
security features such as a blue,
3-D security ribbon. (AFP/US Treasury Department)
WASHINGTON: The United States will
put a redesigned $100 bill, including an array of
cutting-edge security features, in circulation in
October, the Federal Reserve said Wednesday.
The new $100 bill was supposed to
have entered circulation in February 2011. But the
release was delayed by production problems, notably
creasing of the paper during printing.
The Fed said the redesigned bill
will begin circulating on October 8.
"This note, which incorporates new
security features such as a blue, 3-D security ribbon,
will be easier for the public to authenticate but more
difficult for counterfeiters to replicate," the central
bank said.
A portrait of Benjamin Franklin, a
founding father of the United States, will remain on the
note in its new incarnation, as specified under US money
rules since 1928.
To the right of the Franklin
portrait, the bill features a blue, vertical 3-D
security ribbon that has images of bells and the number
100 that move when the note is tilted. An image of a
bell inside an inkwell changes color from copper to
green.
Other security measures include a
portrait watermark, an embedded security thread and
microprinting, miniscule printed words on the bill.
The "Benjamins," as they are
nicknamed, have been the biggest US denomination in
circulation since 1969. The Fed estimates that
two-thirds of the $100 bills are circulating outside the
US.
The $100 bill currently
circulating, printed between 1990 and 1996, will remain
legal tender after October 8.