Earlier this week, the U.S. Treasury unveiled a new $100 bill with an incredible amount of changes as well as some new security upgrades - most noticeable of which include an obtrusive blue "3D Security Ribbon" and "Bell in the Inkwell" that can only be seen at certain angles. According to the Federal Reserve's official press release, these new additions and overall changes are meant to combat counterfeiting while still keeping in line with the traditional look of U.S. Currency (even though it's no longer green...)
I think it's great that the U.S. Treasury has finally redesigned the $100 bill and has consequently joined the ranks of the world's most eye-catching currencies. My biggest concern however, is how the U.S. plans on preventing people from forging and using older currency if older $100 are still considered legal tender. According to the Chairman of the Federal Reserve Board, Ben S. Bernanke, "When the new design $100 note is issued on February 10, 2011, the approximately 6.5 billion older design $100s already in circulation will remain legal tender, U.S. currency users should know they will not have to trade in their older design $100 notes when the new ones begin circulating." Can someone please enlighten me on this?
UPDATED 04/30/10
Just for shits and giggles, I made some shitty mockups of fake currency, that's based on the dutch guilder and euro, on Adobe Illustrator:
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