It’s all about the Benjamin

Earlier this month the Federal Reserve began injecting the newly designed $100 note into the money supply. Now for those of us who are avid followers of @federalreserve on Twitter, this news was dropped in real time on October, 8th #TheFed, but for everyone else here’s the scoop.

According to Jerome H. Powell of the Federal Reserve Board of Governors, “The new design incorporates security features that make it easier to authenticate, but harder to replicate.” Powell went on to say that “As the new note transitions into daily transactions, the user-friendly security features will allow the public to more easily verify its authenticity.”

To deter counterfeiters, a new blue 3-D security strip is woven into the notepaper. This strip stretches from top to bottom and features the iconic liberty bell alongside the numeral 100. As the notes are  rocked back and forth these holographic images move and roll off the visual surface of ribbon. The newly designed front also incorporates an image of the Liberty bell in an inkwell. The bell appears green, but as the note is tilted, the bell transitions into copper and vanishes into the inkwell.

The $100 note continues to utilize microprinting. Throughout the face of the bill there are very small printed words “THE UNITES STATES OF AMERICA” and “ONE HUNDRED USA.” These can be found on Franklin’s collar, along the edge of his quill and along the top of the watermark. Other security features include the popular portrait watermark, an embedded security thread and raised printing on Franklin’s shoulder that is rough to the touch.

These newly enhanced bills are making their way through the masses now and could be landing in your wallet soon.

Sources:

http://www.federalreserve.gov/newsevents/press/other/20131008a.htm

http://www.newmoney.gov

Published On: October 30th, 2013Categories: Advice for Businesses, Advice for Consumers

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