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New $100 Bill Debuts With Color, Motion, Added Security Features

New $100 Bill Debuts With Color, Motion, Added Security Features

By    |   Tuesday, 08 October 2013 07:17 AM

The new $100 bill debuts Tuesday with a dash of color, some motion, and new features to thwart counterfeiters.

The new $100 bill will include color-changing ink that changes from copper to green when the note is tilted, a blue 3-D security ribbon, and more texture on Benjamin Franklin's collar. The color shifting ink will be on a large "100" on the bill's back and one of the "100's" on the front, CNN Money noted.

Additionally, the new $100 bill will also feature a smaller Liberty Bells in a darker blue that appears to move as the note is shifted.

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The added security features will allow the public to check the authenticity of the bill without having to use a blacklight or going to a bank, according to Federal Reserve Deputy Associate Director Michael Lambert.

"The 3-D security ribbon is magic. It is made up of hundreds of thousands of micro-lenses in each note," Larry Felix, the director of the Bureau of Engraving and Printing, told the Associated Press. "This is the most complex note the United States has ever produced."

People will begin receiving the new $100 bills as early as Tuesday afternoon depending on how close their bank is to a regional Fed facility, the AP notes.

"We have 3.5 billion of these notes which we think will be more than ample to meet domestic and international demands," added Sonja Danburg, program manager for U.S. currency education at the Fed.

The launch comes several years behind schedule, with the new $100 bill was originally expected to reach banks in 2011, before printing issues forced a delay.

The printing error reportedly involved the bills creasing during the printing process, which resulted in parts of the finished banknote remaining blank. As a result, the treasury was forced to discard approximately 30 million new $100 bills that were deemed "clearly unacceptable," according to a July memo from Felix to Bureau of Engraving and Printing employees.

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Benjamin Franklin's image on the front of the bill will not be altered, except it will no longer be included inside the dark oval, which has been removed from all other banknotes except for the $1 and $2 bills.

The new $100 bills will have one old feature. The signature on the bills will be that of former Treasury Secretary Timothy Geithner. Current Treasury Secretary Jacob Lew's signature will begin appearing once the current supply of new bills has been put into circulation, the AP noted.

The $1 bill is the only form of currency more common in circulation than that of the $100 banknote, which narrowly beats out the $20 bill, according to CNN Money.

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The new $100 bill debuts Tuesday with a dash of color, some motion, and new features to thwart counterfeiters.
Tuesday, 08 October 2013 07:17 AM
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