There is a lot of excitement on the streets about the new $100 bills which have been rolling off the presses. Money News reported on Sept. 26, 2013, "New $100 Bill Has Ink Well, More Color, 3-D." America's new $100 bills are glitzier and more high-tech than the old ones and will be available soon.
The new $100 bill has undergone dramatic alterations which include a color-changing ink well, 3-D security ribbon, and a greater amount of texture on Benjamin Franklin's collar. The new $100 bills will enter circulation on Oct. 8. The dramatic changes are aimed at fighting back hard against counterfeiters by using higher quality printers and technology.
NBCNews.com has reported, "High-tech $100 bill rolling off the presses." People will be better able to check for fake $100s, without going to a bank or using a blacklight, due to the modifications.
Michael Lambert, a deputy associate director at the Federal Reserve, has said, "We try and find security features that can be used at a number of different levels, from more experienced cash handlers ... down to the person on the street who really needs to know the security features so they can protect themselves." The new $100 bills appear really interesting!