Government goes high-tech to redesign $100 bills
WASHINGTON — The folks who print America's money have designed a high-tech makeover of the $100 bill. It's part of an effort to stay ahead of counterfeiters as technology becomes more sophisticated and more dollars flow overseas, Federal Reserve Chairman Ben Bernanke says.
The makeover, unveiled Wednesday by Bernanke and Treasury Secretary Timothy Geithner, may leave people wondering if there's magic involved.
Benjamin Franklin is still on the C-note. But he has been joined by a disappearing Liberty Bell in an inkwell and a bright blue security ribbon composed of thousands of tiny lenses that magnify objects in mysterious ways. Move the bill, and the objects move in a different direction.
The new currency will not go into circulation until Feb. 10 of next year. That will give the government time to educate the public in the United States and around the world about the changes.
"We estimate that as many as two-thirds of all $100 notes circulate outside the United States," said Bernanke, who stressed that the 6.5 billion in $100 bills now in circulation will remain legal tender.
The $100 bill, the highest value denomination in general circulation, is the last bill to undergo an extensive redesign. The Bureau of Engraving and Printing began the process in 2003, adding splashes of color to spruce up first the $20 and then the $50, $10 and $5 bills. The $1 bill isn't getting a makeover.
The changes are aimed at thwarting counterfeiters who are armed with ever-more sophisticated computers, scanners and color copiers.
The $100 bill is the most frequent target of counterfeiters operating outside of the United States while the $20 bill is the favorite target of counterfeiters inside the country.
The redesigned $100 bill had originally been expected to go into circulation in late 2008 but it's introduction was delayed to give the government time to refine all the new security features.
The government has prepared education resources in 25 languages to inform the public about the design changes and is giving people a chance to view the new bills on its website.
"We wanted the changes to be very obvious, visible and easy to see," Larry Felix, director of the Bureau of Engraving and Printing, said in an interview with The Associated Press.
The new blue security ribbon will give a 3-D effect to the micro-images that the thousands of lenses will be magnifying. Tilt the note back and forth and you will see tiny bells on the ribbon change to 100s as they move.
But that's not all. Tilt the note back and forth and the images will move side to side. Tilt the note side to side and the images will move up and down.
In addition, to the right of Franklin's portrait will be an inkwell that will change color from copper to green when the note is tilted. The movement will also make a Liberty Bell appear and disappear inside the inkwell.
"As with previous U.S. currency redesigns, this note incorporates the best technology available to ensure we're staying ahead of counterfeiters," Geithner said.
Franklin will remain on the front of the $100 bill and Independence Hall in Philadelphia will remain on the back of the currency although both have been modified in ways aimed at making it harder to produce counterfeit copies of the bills.
"The new security features announced today come after more than a decade of research and development to protect our currency from counterfeiting," said U.S. Treasurer Rosie Rios, whose signature along with Geithner's will appear on the new currency.
Copyright © 2010 The Associated Press. All rights reserved.
Obverse of the Series 2009 US$100 bill
Reverse of the Series 2009 US$100 bill
Official animated video released yesterday
The United States 's  unveiled a new  Wednesday morning.  This is the first time that the one hundred dollar note has been redesigned since 1996.

Until now the one hundred dollar note, along with the  and  dollar notes, was not part of the newest batch of dollar note redesigns.  The Bureau of Engraving and Printing redesigned the series 2006 5, 10, 20, and 50 dollar notes previously.

The new one hundred dollar note will contain new security and design features. Along with a new stylized portrait of , the note also features a quill pen and inkwell on the obverse.  On the reverse it has a new larger printed '100' in gold lettering.  The new security features include a , a new more secure watermark, and a new feature called 'motion' which uses 650,000 micro lenses to create a moving image.

The note was originally slated for release in 2008 although budget constraints pushed the release date back to late 2009 or early to mid 2010.  The note will go into general circulation by early 2011.