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Federal Reserve to Start Circulation of Unique $100 Bill Tomorrow

Oct 7 2013, 5:24am CDT | by , in News | Misc

The redesigned $100 bill is going to enter US circulation with 2 new features of 3-D Security Ribbon and Bell in the Inkwell, starting from tomorrow, October 8th. It has been long in the making and finally all the features that resist counterfeiting are in place for the hundred bucks to enter the cash nexus.

Federal Reserve to Start Circulation of Unique $100 Bill Tomorrow
 
 

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Federal Reserve to Start Circulation of Unique $100 Bill Tomorrow

Federal Reserve to Start Circulation of Unique $100 Bill Tomorrow

After much procrastination, the $100 bill is finally going to debut on Tuesday. It was slated to come out earlier but due to a printing error the whole process got derailed. Over 30 million banknotes with misprints were relegated to the fiery depths of an incinerator. The reason behind redesigning the banknote was the issue with counterfeiters. 

Embossing, small print and 3D prism colors are all methods used in order to prevent anyone from making fake copies of the original. This is the novel look of the $100 note. Since this banknote is widely popular outside the United States, it serves as a reputable sign of the greatest nation in the world. The problem of counterfeit notes had plagued the State Department. This redesigned note will solve that crisis in confidence. 

There are times in human affairs when changes have to be made and fast. This is done in order to beat the odds of the rivals or mutineers on deck from taking over the process from the legitimate source. A money revamping was long overdue and the United States began with its redesigned $100 note which has so many new features that it is indeed hard to copy. This will cause the laws to be honored and economic exchange to carry on smoothly without any hitches. 

According to NYTimes, Michael J. Lambert, associate director of the Federal Reserve, said, “It only takes a few seconds for people — if they know what they’re looking for — to know what they’re looking at is genuine.” 

 

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<a href="/latest_stories/all/all/20" rel="author">Sumayah Aamir</a>
Sumayah Aamir (Google+) has deep experience in analyzing the latest trends.

 

 

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