PICTURED: Meet the New 3D $100 Bill
Federal Reserve Chairman Ben Bernanke and Treasury Secretary Timothy Geithner yesterday unveiled a redesigned hundred-dollar bill designed to combat counterfeiters and their increasingly sophisticated methods. Benjamin Franklin is still present on the note but two new security features join him: The 3D Security Ribbon and the Bell in the Inkwell.
The 3D Security Ribbon on the front of the new note contains images of bells and 100s that move and change from one to the other as you tilt the note. The disappearing Bell in the Inkwell on the front of the note changes color from copper to green when the note is tilted. This effect makes the bell seem to appear and disappear within the copper inkwell.
The government hopes that the addition of these new security features will make it easy for consumers and merchants to authenticate their currency. The government said in a press release yesterday afternoon that when the new bills comes into circulation next February, people won't be expected trade in their old bills in exchange for new ones.
"When the new design $100 note is issued on February 10, 2011, the approximately 6.5 billion older design $100s already in circulation will remain legal tender," said Ben Bernanke. "U.S. currency users should know they will not have to trade in their older design $100 notes when the new ones begin circulating."