October 2013 saw a new era for the hundred dollar notes in US. Newly designed colourful 100$ notes were led into circulation. This of course was done to get rid of the counterfeit notes and was good news for shops and businesses which were willing to verify the money.
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.
It has a new blue colour ribbon, three dimensional, which was not printed on the notes instead woven in the paper. There was also security strip added to the left of the face of Benjamin Franklin and it was only visible when viewed against the light. There is also a faint image visible in the black space on the right, which is visible on both the sides of the note. As you tilt the note back and forth, the liberty bell image and the number 100 number keep alternating.
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.
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.
It has a new blue colour ribbon, three dimensional, which was not printed on the notes instead woven in the paper. There was also security strip added to the left of the face of Benjamin Franklin and it was only visible when viewed against the light. There is also a faint image visible in the black space on the right, which is visible on both the sides of the note. As you tilt the note back and forth, the liberty bell image and the number 100 number keep alternating.
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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