The Federal Reserve’s Currency Education Program announced starting Tuesday the newly redesigned $100 note, The Benjamin, goes into circulation with new security features and an updated portrait of Benjamin Franklin, among other details. Financial institutions can now order the new bills, starting the process of distributing the notes into wallets around the world.
The redesigned Benjamin incorporates two new security features designed to thwart counterfeiting threats, according to Sonja Danburg, director of the Federal Reserve’s Currency Education Program.
In one, a three-dimensional blue ribbon, just to the right of Franklin’s portrait, contains images of 100s and bells that appear to shift when the bill is moved. The other security tactic is a copper-hued inkwell and bell that change color to green when tilted and gives the illusion that the bell disappears into the inkwell.
Other changes include a larger portrait of Franklin that no longer includes an oval around his face. The back of the bill now has an image of the rear of Independence Hall, rather than its front.
“We do those things to make it a little harder for counterfeiters to replicate, it’s just about raising the bar and making it that much more complicated to reliably replicate the note’s design,” added Danburg.
The Bureau of Engraving and Printing has produced 3.5 billion of the notes, worth $350 billion.
Exactly a year today, newly-designed and flawed $100 bills were stolen en route to a Federal Reserve facility were stolen. The Federal Reserve Bank reported at the time the more than $110 billion worth of the redesigned $100 bills were flawed. The problem was during the printing process; the new C-notes became creased and left a blank spot on the front of the bill.
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