$100 bill redesigned: The Federal Reserve has said that the redesigned $100 bill that was supposed to be unveiled two years ago will be circulated this fall.
The bill, which has state-of-the-art technology to prevent counterfeiting, will be introduced starting Oct. 8.
“This note, which incorporates new security features such as a blue, 3-D security ribbon, will be easier for the public to authenticate but more difficult for counterfeiters to replicate. ,” the Federal Reserve said in a release.
The design was unveiled in 2010 but its introduction into the currency system was delayed over production problems.
“To ensure a smooth transition to the redesigned note when it begins circulating in October, the U.S. Currency Education Program is reaching out to businesses and consumers around the world to raise awareness about the new design and inform them about how to use its security features,” the Fed added.
The bill also has a Liberty Bell embedded in an inkwell on the note’s face, according to NBC News. The bell is copper colored but changes to green when the note is tilted.
The $100 bill, which was last redesigned in 1996, is the most counterfeited note in the U.S. The Fed says that consumers do not need to trade in their old notes for new ones.
