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A New Look For Ben Franklin

A New Look For Ben Franklin

CNN Money notes that today is the day the new $100 bill is introduced, some two years after its scheduled debut.  The bill was originally due to reach banks in 2011. But three years ago the Federal Reserve announced that a problem with the currency's new security measures was causing the bills to crease during printing, which left blank spaces on the bills.

 The new bill has several features designed to make it easier for the public to authenticate but more difficult for counterfeiters to replicate. Those measures include a blue, 3-D security ribbon, as well as color-shifting ink that changes from copper to green when the note is tilted. That ink can be found on a large "100" on the back of the bill, on one of the "100's" on the front, and on a new image of an ink well that's also on the front. 

The image of Benjamin Franklin will be the same as on the current bill, but like all the other newly designed currencies, it will no longer be surrounded by a dark oval. Except for the $1 and $2 bill, all U.S. paper currency has been redesigned in the last 10 years to combat counterfeiting

The $100 bill is actually the second most common bill in circulation, behind only the $1 bill. It's slightly more common than the $20 bill.

New Look

 

 

 

 

 

Source:  CNN Money at http://money.cnn.com/2013/10/07/news/economy/new-hundred-dollar-bill/index.html

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