Thursday, April 22, 2010

New 100 dollar bill

Benjamin Franklin gets a facelift as the Treasury Department unveils a new $100 bill Wednesday, the first remake of the denomination since 1996.

The new design for the $100 note will make its debut during a 10:30 a.m. ceremony at the Department of the Treasury's Cash Room that will be attended by Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke.

The currency changes started in 1996 with the $100 bill, followed by a new $20 bill in 2003. The $50 bill got an overhaul in 2004, and the $10 was redesigned in 2006. The $5 bill was upgraded in 2008.

Security features added to the paper help people to spot bogus bills. They include watermarks and an embedded security thread.

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