Have you ever wondered how U.S. currency is designed? US Government produced a podcast on how their new $100 dollars bill are develop. The video podcast, "The Art of Bank Note Design", features interviews with Larry Felix, Director of the Bureau of Engraving and Printing, and Michael Lambert, Assistant Director at the Board of Governors of the Federal Reserve System. This is the third series of podcast produced for public awareness campaign about the new dollars. Watch the video to learn about the banknote design process and how multiple government agencies collaborate to develop currency that is difficult to counterfeit yet easy for cash-handlers to authenticate:
Photo by newmoney.gov: obverse of $100 dollar.
Photo by newmoney.gov: reverse of $100 dollar.
The new design for the $100 note retains three effective security features from the previous design: the portrait watermark of Benjamin Franklin, the security thread, and the color-shifting numeral 100. The new $100 note also displays American symbols of freedom, including phrases from the Declaration of Independence and the quill the Founding Fathers used to sign this historic document. The best new security feature for the notes is its 3D Security Ribbon by Crane & Co. called Motion, containing up to 650,000 microlenses embedded in the printing which allows for an underlying image to shift when the bill is moved.
Federal Reserve Board Chairman Ben Bernanke announced that the new notes will be issued on February 10, 2011. He also announced that when this new design $100 note is issued on February 10, 2011, approximately 6.5 billion older design $100s already in circulation will remain legal tender.
Federal Reserve Board Chairman Ben Bernanke announced that the new notes will be issued on February 10, 2011. He also announced that when this new design $100 note is issued on February 10, 2011, approximately 6.5 billion older design $100s already in circulation will remain legal tender.
Related Posts:
No comments:
Post a Comment