New $100 Bill: US Note Starts Circulation Today, October 8, 2013By Alex Jusi Madlangbayan on Oct 8, 2013 in Business, Finance, United States, World •
New $100 bill
A new $100 bill will finally be on our palm and inside our wallet.
The new US $100 bill will be released for circulation today, October 8, 2013.
Security flaws in the new $100 bill prompted the US Federal Reserve to postpone its 2011 release for Tuesday.
Reports say that during printing of the new currency, its security features has caused the bills to crease and leave blank spaces on it.
Authorities revealed last August 2013 that about $30 million worth of new $100 bills were destroyed due to printing problem.
According to newmoney.gov, among the new features of the redesigned $100 bills include:
- blue 3-D security ribbon,
- bell in the ink well that provides alternating images of bells,
- portrait watermark on the front right side,
- number 100 that shifts its color as you move the viewing angle,
- large, golden number 100 at the back right side microprinting of the words “THE UNITED STATES OF AMERICA” on the collar of Benjamin Franklin, “USA 100” on the blank space for the portrait watermark, and ONE HUNDRED USA between the quill and portrait watermark,
- raised printing that provides rough touch on the shoulder of Benjamin Franklin, and security thread running at the left side of the portrait.
The latest $100 bill is expected to make it harder for counterfeiters to duplicate them.
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