Fed ships new US$100 bills with anti-counterfeit features
WASHINGTON (REUTERS) - The US Federal Reserve began supplying banks on Tuesday with billions of redesigned US$100 bills that incorporate advanced anti-counterfeiting features.
The notes, which retain the image of American statesman and scientist Benjamin Franklin, include two new security features - a blue three-dimensional security ribbon with images of bells and 100s, and a colour-changing bell in an inkwell. The US$100 bills, the biggest US denomination known in American slang as "Benjamins", also keep security features from the previous design, such as a watermark.
"The new design incorporates security features that make it easier to authenticate, but harder to replicate," Federal Reserve Board governor Jerome Powell said in a statement.
US officials have said the US$100 note is the most frequently counterfeited denomination of US currency outside the United States due to its broad circulation overseas. In the US, the US$20 bill is the most frequently counterfeited note.