Franklin gets a face-lift; redesigned $100 bill to circulate Tue - New York News

Franklin gets a face-lift; redesigned $100 bill to circulate Tuesday: PHOTOS

Posted: Updated:
Meet the new $100 bill: The newly designed $100 bill showcases a slew of new anti-counterfeiting features including 3D security ribbons and threads, color-shifting numbers, hidden microprint text and subtle watermark images. (FoxNews.com) Meet the new $100 bill: The newly designed $100 bill showcases a slew of new anti-counterfeiting features including 3D security ribbons and threads, color-shifting numbers, hidden microprint text and subtle watermark images. (FoxNews.com)
NEW YORK (FOX News) -

After eight years of production delays, the Federal Reserve is finally rolling out new Benjamins Tuesday.

A hundred years after the first $100 bill was issued in 1914, the banknotes are receiving a much-needed makeover in an effort to thwart sophisticated counterfeiters -- after overcoming "mashing" printing issues that led the Feds to shred more than 30 million of the bills in 2012.

"The $100 is the highest value denomination that we issue, and it circulates broadly around the world," assistant director for cash at the Federal Reserve Board Michael Lambert said in a 2010 press release. "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 newly designed bills will be made of a paper blend that is difficult to reproduce and the number "100" will shift from copper to green. In addition, the bills will feature a three-dimensional blue security ribbon with images that appear to move when the note is tilted and a copper inkwell with a holographic bell that changes color when tilted.

"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," director of the Treasury's bureau of engraving and printing Larry R. Felix announced in the same press release. "Protect yourself -- it only takes a few seconds to check the new $100 note and know it's real."

Change to the image of America's Founding Father on the bill is minor; part of the Declaration of Independence was added to Franklin's left shoulder as well more texture to his collar.

"It is still Benjamin Franklin and still easily recognized," Lambert said, according to The Daily Beast. "And that's really important to global users, that they recognize the Benjamins as the $100 note."

The Federal Reserve estimates that at any given time, one-half of $100 bills are in circulation abroad, making the banknotes of the country's largest exports.

Those with lots of previously printed $100 bills should not fear; when the clock strikes midnight and the new bills begin to circulate, existing Benjamins continue to be legal. Over time, banks collect the older bills and exchange them for the new ones.

Read More on FoxNews.com

Follow Us!

  • Local NewsLocal NewsMore>>

  • Long Island beaches reopen to bathing

    Long Island beaches reopen to bathing

    Tuesday, September 2 2014 10:08 AM EDT2014-09-02 14:08:19 GMT

    Health officials say six Long Island beaches that were closed for one day have reopened to bathing. The Nassau County beaches were closed Monday due to storm water runoff that could negatively impact bacterial levels. The beaches were: Laurel Hollow Beach, Morgan Beach, North Hempstead Beach Park, Sea Cliff Village Beach, Tappen Beach and Theodore Roosevelt Beach.

    Health officials say six Long Island beaches that were closed for one day have reopened to bathing. The Nassau County beaches were closed Monday due to storm water runoff that could negatively impact bacterial levels. The beaches were: Laurel Hollow Beach, Morgan Beach, North Hempstead Beach Park, Sea Cliff Village Beach, Tappen Beach and Theodore Roosevelt Beach.

  • 1 tube of Lincoln Tunnel closed after accident

    1 tube of Lincoln Tunnel closed after accident

    Tuesday, September 2 2014 10:02 AM EDT2014-09-02 14:02:27 GMT
    One of the tubes of the Lincoln Tunnel has been closed after a chain-reaction accident involving a New York-bound jitney bus and two other vehicles. Port Authority of New York and New Jersey spokesman Steve Coleman says four people were reported injured in the accident in the center tube at about 8:30 a.m. Tuesday.
    One of the tubes of the Lincoln Tunnel has been closed after a chain-reaction accident involving a New York-bound jitney bus and two other vehicles. Port Authority of New York and New Jersey spokesman Steve Coleman says four people were reported injured in the accident in the center tube at about 8:30 a.m. Tuesday.
  • Dispute over reclining seat diverts flight, again

    Dispute over reclining seat diverts flight, again

    Tuesday, September 2 2014 8:21 AM EDT2014-09-02 12:21:27 GMT
    Delta photoDelta photo
    A Delta Air Lines flight from La Guardia Airport to West Palm Beach, Florida, was diverted to Jacksonville because of a dispute between passengers over a reclining seat. Delta reportedly says the flight was diverted Monday night when a woman got into an argument with a passenger behind her when the woman was trying to recline her seat while the other passenger was trying to sleep on the tray table.
    A Delta Air Lines flight from La Guardia Airport to West Palm Beach, Florida, was diverted to Jacksonville because of a dispute between passengers over a reclining seat. Delta reportedly says the flight was diverted Monday night when a woman got into an argument with a passenger behind her when the woman was trying to recline her seat while the other passenger was trying to sleep on the tray table.
Powered by WorldNow
Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices