Thursday, October 10, 2013
New $100 bill: why North Korea won't be very happy (+video)
New $100 bill is aimed at staying ahead of counterfeiters. First and foremost, impoverished North Korea.
Ben Franklin is about to cause a lot more headaches than you might expect in the North Korean capital of Pyongyang.
The Federal Reserve on Tuesday began circulating a redesign of a US currency note that may be the most counterfeited monetary unit in the world: the $100 bill.
Graced with Mr. Franklin’s bemused gaze on one side and Philadelphia’s Independence Hall on the other, the bill is the first new version of the C-note to be distributed by US monetary administrators in a decade. The note features a woven “3-D security ribbon” running vertically along the left side of Franklin’s face, with liberty bells that turn into 100s as you move the bill side to side. It also has a liberty bell in an inkwell that shifts in color as you tilt it.
These changes add to other longstanding security features, like microscopic text woven into Franklin’s colonial collar and bordering the golden feather.
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