America's new high-tech $100 bill: 9 cool features
Ol' Ben Franklin is getting a makeover
Come October, when you go to the ATM each morning to take out your daily stack of $100 bills (and really, who doesn't do this?), don't be alarmed if you don't recognize the crazy pieces of paper that come flying out.
Those will be the Fed's new $100 bills — a project Uncle Sam has been chipping away at since 2003. The new Benjamins were originally scheduled for circulation starting in February 2011, but the agency was forced to postpone that because of problems including "unwanted creases," reports the Los Angeles Times.
Well, it was worth the wait. The new currency is loaded with high-tech features that will make it "easier for the public to authenticate, but more difficult for counterfeiters to replicate," says the Fed. And though the bill costs slightly more to produce than our current $100 note, it should save money in the long run — $100s are more frequently counterfeited than any other U.S. currency outside the United States. North Korea in particular is known for producing incredibly high-quality counterfeit $100s known as "supernotes," which are almost impossible to detect as fakes. This new bill should make "supernotes" extremely difficult to produce.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
And don't worry about turning in the stack of old $100s under your bed. The billions of notes already in circulation will remain legal, but starting Oct. 8, they will be destroyed and replaced when they pass through the Fed. In the interest of preventing confusion at the cash machine, here's a quick look at the new $100:
New security features include:
1. A blue, three-dimensional security ribbon that's woven — not printed — into the note's fabric.
2. Another security strip to the left of Ben's face. It's only visible when held up to the light.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
3. A faint image of Ben's face in the black space on the right, which can be seen on both sides of the bill.
4. Alternating images of bells and the number 100 that change as the viewing angle is tilted.
5. A liberty bell inside an inkwell that changes from copper to green when tilted.
6. A large "100" on the front that also changes color when tilted.
7. An even larger "100" vertically positioned on the back to help those with visual impairments identify the currency.
8. Raised "intaglio" printing throughout the bill to give the note its "distinctive texture."
9. Microprinting reading "The United States of America" on Ben's collar, "USA 100" on the watermark, and "ONE HUNDRED USA" along the golden quill.
Check out NewMoney.Gov for more info.
Carmel Lobello is the business editor at TheWeek.com. Previously, she was an editor at DeathandTaxesMag.com.
-
Gaetz bows out, Trump pivots to Pam Bondi
Speed Read Gaetz withdrew from attorney generation consideration, making way for longtime Trump loyalist Pam Bondi
By Rafi Schwartz, The Week US Published
-
'The double standards don't trouble the critics'
Instant Opinion Opinion, comment and editorials of the day
By Justin Klawans, The Week US Published
-
Today's political cartoons - November 22, 2024
Cartoons Friday's cartoons - frozen assets, blazing fires, and more
By The Week US Published