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Monday, July 31, 2017

Security Features For New 100$ US Currency

By Alxa Roffel


100$ note is currently the largest denomination of United States currency. It has the picture of an renowned or well-known person, sir Benjamin Franklin, who is one among the founding fathers of the United States of America. One the corresponding side of the Bill, one can find the image of the Independence Hall.

After the retirement of the denominations of 500$, 1000$, 5000$ and 10000$, the 100$ bill is the largest existing denomination in the US currency, being printed since the July of late 70s. Studies conducted by Bureau of E&P suggests that an average life of a 100$ bill once released has a circulation of period of 90 months and then it gets replaced due to wear and tear.

The printing of the new bills were to be initiated by the Fed's in the year 2003, however, since then it has been chipping away. Later in 2011, the 100$ notes were scheduled again for circulation but there was some problems in the agency and the date was postponed, due to unwanted creases. It definitely helped the Federal reserves to take a look again at the notes to make sure they are secured and encrypted.

Also it is the only US dollar note available today that doesn't have the picture of a building that is located in the Washington DC, but has the image of the Independence Hall that can be found on the reverse. There is a particular time marked on the clock of the independence hall which is 4:10 on the traditional notes, except 10:30 was printed on a series of notes that were released in 2013.

Despite of the fact that the newly created currency notes did cost a bit higher as compared to the old notes, however the notes had more circulating period and thus it was profitable for the long run. This was also beneficial in other sense, as the 100$ notes were something that was very often counterfeited in comparison to other currency notes in the country. Some counterfeiters were able to create such quality of counterfeit notes that were impossible to detect as fakes, considered as fake notes. However with the availability of the new security features in the notes, it becomes very difficult to replicate them.

It was also found that the image of the Liberty bell in the inkwell also changes as the user views the 100$ note. The new 100$ bill introduced then had the colour shifting ink. As you look through the note, you can find an inkwell at the bottom right of the note, carefully looking at it you can find an image of a green bell inside the copper coloured inkwell present on the front of the bill. Also as you tilt the note, you can observe it changing colour from green to copper, which makes the bell appear and disappear in the inkwell.

A security feature is also put in the copper bell in the inkwell, as you tilt the note the bell change from copper to green. This also gives an effect, which showcases that the bell seems to appear and disappear in the inkwell. It also has a micro printing on the note as an added security feature.

As you look at the note carefully, you can find small printed words that appear on the collar of Benjamin Franklin, also present in the blank space where the watermark appears, at the golden quill and also present in the borders of the note. Lastly, the colour shifting of 100, as you tilt the note to view the numeral 100 in the bottom right corner, you can see the colour shifting from copper to green.




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