The new $100 bill begins circulating today, more than two years after its original planned release, and boasts features that are supposed to help curb counterfeiting, the New York Times reported on Oct. 7.
The new $100 bill, which comes out from the Federal Reserve despite the government shutdown, has the typical paper blend safeguard but also has a three-dimensional blue strip with images that seem to move when the $100 bill is tilted. In addition, the new $100 bill has an image of a copper inkwell that contains a holographic bell whose color changes when the bill is tilted.
The new $100 bill is the latest U.S. currency with the so-called “new color of money” enhancements that are designed to be “safer, smarter and more secure.” The Federal Reserve says the new $100 bill will be easier for members of the public to authenticate because of the added security features.
The $100 bill is the most commonly counterfeited note outside of the U.S., the Times said. As many as two-thirds of the $100 bills in circulation at any one time are actually abroad, not in the U.S.
The new $100 bill was able to be released today despite the government shutdown because the Federal Reserve's budget is not included in the current congressional appropriations stalemate, CNN said.
More information about the new $100 bill, as well as training and educational materials, can be found at www.newmoney.gov