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It’s Still About The Benjamins: US Unveils New $100 Bills

Submitted by on October 9, 2013 – 8:58 amNo Comment
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In an effort to curtail counterfeiting, the Federal Reserve this week unveiled redesigned $100 bills. The new Benjamins feature a 3D security ribbon and color-shifting image, as well as more intricate designs.

The bills are printed by the US Treasury, and distributed by the Reserve.

A blue strip running vertically across the bill (Just to the right of Mr. Franklin’s portrait) is composed of “microlenses” that will alternately show an image of Liberty Bells and the numeral 100, depending on the angle.

Another new feature is a copper-colored inkwell shape, which contains another Liberty Bell. This Liberty Bell changes color depending on the angle.

The new bill also has raised (textured) printing, microprint, and a redesigned back. While these may not be as difficult to forge, they will force counterfeiters to scrap the old designs.

The new 100s cost almost $0.05 more to print per bill, but should be more difficult to counterfeit.

The $100 is the most circulated denomination of US currency, but two-thirds of those bills are overseas. It has been the largest denomination printed since the US stopped printing $500, $1,000, and $10,000 notes in 1969.

But how did the bills come in the middle of a government shutdown? Well, they’ve been in the works for years, and were even supposed to come out in 2011, before production problems forced the bills to be scrapped.

However, Bloomberg notes that while the Treasury got the new bills out, they didn’t necessarily pay anyone to come in and man the phones: “The U.S. Treasury, like much of the government, couldn’t be reached for comment.”

 

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