New United States 100 dollars bill production will be delay. The postponed of the launch due to production problems as reported by Federal Reserve in their statement. The issue date of the new bill that features anti-counterfeiting technologies, was initially set for February 10, 2011. The Federal Reserve said that the Bureau of Engraving and Printing, which produces dollars, discovered a problem with "sporadic creasing" of the paper during printing of the 100 dollar note. The technical glitch means that there will not be enough of the new bills to begin distributing them as planned.
"This new design incorporates cutting-edge, anti-counterfeiting technologies and the Federal Reserve imposes strict quality controls to ensure that users of US currency around the world receive the highest quality notes," the central bank said.
The 100 dollar note is the largest denomination currently printed. Bearing a portrait of Benjamin Franklin, one of the nation's founding fathers, on the front, the bill is a favorite among counterfeiters. The remake of the 100-dollar bill was unveiled on April 21. The US Government had been aggresively educate public awareness about this new 100 dollars and their security features. 3 podcast had been release by them in their website www.newmoney.gov.
The best new security feature for the notes is its 3D Security Ribbon by Crane & Co. called Motion, containing up to 650,000 microlenses embedded in the printing which allows for an underlying image to shift when the bill is moved. The blue 3D 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.
Photo by Wall Street Journal: New 100 dollar banknote.
"This new design incorporates cutting-edge, anti-counterfeiting technologies and the Federal Reserve imposes strict quality controls to ensure that users of US currency around the world receive the highest quality notes," the central bank said.
The 100 dollar note is the largest denomination currently printed. Bearing a portrait of Benjamin Franklin, one of the nation's founding fathers, on the front, the bill is a favorite among counterfeiters. The remake of the 100-dollar bill was unveiled on April 21. The US Government had been aggresively educate public awareness about this new 100 dollars and their security features. 3 podcast had been release by them in their website www.newmoney.gov.
The best new security feature for the notes is its 3D Security Ribbon by Crane & Co. called Motion, containing up to 650,000 microlenses embedded in the printing which allows for an underlying image to shift when the bill is moved. The blue 3D 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.
Source: AFP
