Watch the video link given below with details of the new US$100 Note:
The
above are front and back specimen images of the new and redesigned one hundred
US dollar note that begins circulation on 8 October 2013, which is just five
days from now. The new note will have two new features, 3-D security ribbon and
bell in the inkwell. Let us learn a bit more above the brand new design of the
note. Video link is also given above.
New features of the Redesigned $100 Note:
Number one and two below are new and
technologically-advanced features, while the third is an additional
feature:
1. 3-D
security ribbon:
The note has a blue ribbon on its front.
If you tilt the note back and forth while focusing on the blue ribbon, you will
see the bells change to 100s as they move. The ribbon is woven into the paper,
not printed on it.
2.
Bell in the inkwell:
On the front of the new note there is a
color-shifting bell inside a copper-colored inkwell. If you tilt it, you’ll see
the bell change from copper to green.
3.
Portrait watermark:
If you hold the note to light, you’ll see
a faint image of Benjamin Franklin in the blank space to the right of the
portrait—it’s visible from both sides of the note.
The circulation begins on 8th October:
As per the US Federal
Reserve—the central bank of the US —the
resigned $100 note will begin circulating on 8 October 2013.
What are the merits of the new note?
One big advantage of the
new note is that it’s difficult to counterfeit or replicate due to the new
design features mentioned above. It’ll be easier for the public to authenticate
or verify the new note and to use them in day-to-day transactions.
Several highly effective
features were also retained from the previous design, including the portrait
watermark, the security thread, and the color-shifting numeral 100.
Consumers and businesses will not have to
trade in older $100 notes for new ones. Older designs of Federal Reserve notes remain legal
tender, and will not be recalled, demonetized, or devalued.
The US dollars are widely used and
circulated across the globe and are easy to convert to other currencies.
Earlier, the US
currency was subject to counterfeiting threats. So, the new $100 note will help
in preventing such threats.
To
Know more about the redesigned $100 note, just click:
The new
US$100 image courtesy: The US Federal Reserve
References:
www.federalreserve.org
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Disclaimer:
The author is an investment analyst, equity investor and freelance writer. This
write-up is for information purposes only and should not be taken as investment
advice. Investors are advised to consult their financial advisor before taking
any investment decisions. He blogs at:
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