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Topic: U.S. Government to Unveil New $100 Note on April 21  (Read 8361 times)
BWJM
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« on: March 08, 2010, 08:22:25 am »

WASHINGTON, D.C. (March 5, 2010) - The new design for the $100 note will make its debut on Wednesday, April 21 during a ceremony at the Department of the Treasury's Cash Room. The U.S. government redesigns currency in order to stay ahead of counterfeiters and protect the public. Decisions about the redesign of each denomination are guided by the government's close evaluation of the range of ongoing counterfeit threats, whether from digital technology or traditional printing presses.

The unveiling of the $100 note is the first step in a global multi-government agency public education program implemented by the Department of the Treasury, the Federal Reserve Board and the U.S. Secret Service, to educate those who use the $100 note about its changes before it begins circulating. The $100 note is the highest value denomination of U.S. currency in general circulation, and it circulates broadly around the world. Public education is an important component of the government's redesigned currency program because a well informed public is our first and best line of defense against counterfeiting. Free training materials for cash-handlers as well as other public education resources will be available in 25 languages at www.newmoney.gov beginning at 10:30 a.m. EDT on April 21.

BWJM, F.O.N.A.
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suretteda
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« Reply #1 on: April 21, 2010, 08:07:09 pm »

U.S. Government Unveils New Design for the $100 Note
 
Government to Currency Users: Know Its Features So You Can Know It’s Real

WASHINGTON, D.C. (April 21, 2010) – Officials from the U.S. Department of the Treasury, the Board of Governors of the Federal Reserve System and the United States Secret Service today unveiled the new design for the $100 note. Complete with advanced technology to combat counterfeiting, the new design for the $100 note retains the traditional look of U.S. currency.

“As with previous U.S. currency redesigns, this note incorporates the best technology available to ensure we’re staying ahead of counterfeiters,” said Secretary of the Treasury Tim Geithner.

“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 Chairman of the Federal Reserve Board Ben S. 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.”
There are a number of security features in the redesigned $100 note, including two new features, the 3-D Security Ribbon and the Bell in the Inkwell. These security features are easy for consumers and merchants to use to authenticate their currency.

The blue 3-D Security Ribbon on the front of the new $100 note contains images of bells and 100s that move and change from one to the other as you tilt the note. The Bell in the Inkwell on the front of the note is another new security feature. The bell changes color from copper to green when the note is tilted, an effect that makes it seem to appear and disappear within the copper inkwell.

“The new security features announced today come after more than a decade of research and development to protect our currency from counterfeiting. To ensure a seamless introduction of the new $100 note into the financial system, we will conduct a global public education program to ensure that users of U.S. currency are aware of the new security features,” said Treasurer of the United States Rosie Rios.

"For 145 years, the men and women of the United States Secret Service have worked diligently to protect the integrity of U.S. currency from counterfeiters," said Director Mark Sullivan. "During that time, our agency has evolved to keep pace with the advanced methodologies employed by the criminals we pursue. What has remained constant in combating counterfeiting, however, is the effectiveness of consumer education initiatives that urge merchants and customers to examine the security features on the notes they receive."

Although less than 1/100th of one percent of the value of all U.S. currency in circulation is reported counterfeit, the $100 note is the most widely circulated and most often counterfeited denomination outside the U.S.

“The $100 is the highest value denomination that we issue, and it circulates broadly around the world,” said Michael Lambert, Assistant Director for Cash at the Federal Reserve Board. “Therefore, we took the necessary time to develop advanced security features that are easy for the public to use in everyday transactions, but difficult for counterfeiters to replicate.”

“The advanced security features we’ve included in the new $100 note will hinder potential counterfeiters from producing high-quality fakes that can deceive consumers and merchants,” said Larry R. Felix, Director of the Treasury’s Bureau of Engraving and Printing. “Protect yourself - it only takes a few seconds to check the new $100 note and know it’s real.”
The new design for the $100 note retains three effective security features from the previous design: the portrait watermark of Benjamin Franklin, the security thread, and the color-shifting numeral 100.

The new $100 note also displays American symbols of freedom, including phrases from the Declaration of Independence and the quill the Founding Fathers used to sign this historic document. Both are located to the right of the portrait on the front of the note.

The back of the note has a new vignette of Independence Hall featuring the rear, rather than the front, of the building. Both the vignette on the back of the note and the portrait on the front have been enlarged, and the oval that previously appeared around both images has been removed.

For a more detailed description of the redesigned $100 note and its features, visit www.newmoney.gov where you can watch an animated video, click through an interactive note or browse through the multimedia resources for images and B-roll.

Also, visit www.newmoney.gov for information on how to order free training materials for cash handlers, or you may download the materials directly from the Web site. The training materials for the $100 note are available in 25 languages.

http://www.newmoney.gov/media/release_04212010.htm
« Last Edit: April 21, 2010, 09:17:09 pm by suretteda »
Wizard1
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« Reply #2 on: April 22, 2010, 12:39:06 am »

{http://img153.imageshack.us/img153/5537/new100a.jpg:http://img153.imageshack.us/img153/5537/new100a.th.jpg}

Fugly imho

viauauto
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« Reply #3 on: April 22, 2010, 07:10:03 am »

Hi,

Here another article for "french forum member"


{http://img340.imageshack.us/img340/1340/journaldemontreal.jpg:http://img340.imageshack.us/img340/1340/journaldemontreal.th.jpg}

8) Patrick 8)
* Solids 1 Digit & Error Notes 4 Life*
hanmer
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« Reply #4 on: April 22, 2010, 03:37:35 pm »

Nice looking note.

:)
Wizard1
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« Reply #5 on: July 01, 2010, 08:54:20 pm »

For those of you that care.... here's some behind the scene's info, pictures and photos of how the new $100s are made!

{http://img145.imageshack.us/img145/203/backsdonenotfront1.jpg:http://img145.imageshack.us/img145/203/backsdonenotfront1.th.jpg}


http://news.cnet.com/2300-11386_3-10003957.html?tag=mncol;txt

http://news.cnet.com/8301-13772_3-20009315-52.html?tag=newsEditorsPicksArea.0

suretteda
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« Reply #6 on: October 01, 2010, 02:56:00 pm »

Announcement from the Federal Reserve Board

On October 1, the Federal Reserve Board announced a delay in the issue date of the redesigned $100 note.  This new design incorporates cutting edge, anti-counterfeiting technologies and the Federal Reserve imposes strict quality controls to ensure that users of U.S. currency around the world receive the highest quality notes.  The Bureau of Engraving and Printing manufactures Federal Reserve notes and has identified a problem with sporadic creasing of the paper during printing of the new $100 note, which was not apparent during extensive pre-production testing.  As a consequence, the Federal Reserve will not have sufficient inventories to begin distributing the new $100 notes as planned.
 
The Bureau of Engraving and Printing is working to resolve this problem, and the Federal Reserve Board will announce a new issue date for the redesigned $100 note as soon as possible. The originally scheduled issue date was February 10, 2011.

http://www.moneyfactory.gov/home.html
 

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