I has two new safety features aimed to reduce counterfeit versions

The new $100 bill will finally make its rounds starting tomorrow after years of delays.

According to The New York Times, the new $100 bill -- which has taken more than a decade to complete -- will begin circulation Tuesday. It represents the last USD note to receive the "New Color of Money" redesign, which aims to enhance security and thwart replication. 

The new $100 bill has some new features, including a three-dimensional blue strip with images that look like they're moving when the bill is tilted, and an image of a copper inkwell with a holographic bell that changes color when tilted.

These features should prevent the production of counterfeit $100 bills, as such additions are hard to recreate. 

The "New Color of Money" redesign started with the $20 bill in 2003, and the $100 bill was set to release in 2011, but a couple of printing hiccups delayed the process: one where the notes were creased and unable to be circulated, and another where the ink smeared.

The Federal Reserve will have to consider the rate of circulation in both domestic and international territory, making sure there's enough of the new $100 bills to go around. International users are of special concern, since old currency tends to be viewed as "useless" and of no value. 

Source: The New York Times

"I modded down, down, down, and the flames went higher." -- Sven Olsen
Related Articles
New $100 Bill Due in October
April 24, 2013, 11:52 PM

Most Popular Articles

Copyright 2018 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki