Philadelphia Federal Reserve Bank to release new $100 bill
The Federal Reserve Bank of Philadelphia will on Tuesday hold an event to release a new $100 bill.
The $100 bill touts a number of new security features, including raised printing and a 3-D security ribbon woven into the paper stamped with bells that, when the bill is tilted, change to an alternating pattern of “USA” and “100.” The ribbon glows pink when illuminated by ultraviolet light.
There is also a color-shifting bell in the inkwell that changes from copper to green and on the bill’s back a large gold “100″ to help those with visual impairments distinguish the denomination.
The currency, which features a portrait of Benjamin Franklin, also has a watermark of the distinguished Philadelphian’s face.
Fittingly, the bill will be officially unveiled at 10 a.m. at the Benjamin Franklin National Memorial, housed at the Franklin Institute, 222 N. 20th St.
Franklin Institute senior vice president Frederic Bertley will discuss Ben Franklin’s historical connection to paper currency, and a visiting school group will assemble a seven-foot puzzle of the new $100 bill.
The note will go into circulation during the event.
Older $100 bills are still legal tender and will not be invalidated by the release.