The $100 bill has been redesigned.
The Federal Reserve announced today that it has completed its redesign of the $100 bill. The process took about two years longer than expected, but the Fed is now confident that the new bill will begin circulating this Fall.
The Federal Reserve Board said in a release : “The redesigned $100 note will begin circulating on October 8, 2013. This note, which incorporates new security features such as a blue, 3-D security ribbon, will be easier for the public to authenticate but more difficult for counterfeiters to replicate.”
Dawn Haley, a spokeswoman for the Bureau of Engraving and Printing, said that the redesign was delayed in 2010 due to creasing issues. Haley said that the problem has been fixed and that the $100 bill is back in full production.
Haley said: “We made numerous process changes to address the creasing issue and we are back in full production.”
The newly redesigned bill has added security features like a disappearing liberty bell and a 3D security ribbon. The Federal Reserve said that the U.S. Currency Education Program will be reaching out to businesses to teach them about the new security features so that they can recognize counterfeit bills.
Here’s a video about the newly redesigned $100 bill.
The new $100 bill went through several changes during the redesign process, but it will still include a portrait of Benjamin Franklin.
What do you think of the redesign? The Fed has already added additional security features to the $5, $10, $20, and $50 bills. There are no plans to redesign the $1 bill.
