Some Common Cents for October 18 2013

 

billThis month, the Federal Reserve introduce a new $100 note that was a decade in the making. By any measure, it is a impressive looking piece, even if it is starting to look increasingly like, um, foreign currency. Regardless, I think it safe to say the United States has never had such hi-tech paper currency.

 

In an article on finance.yahoo.com, Lisa Scherzer pointed out some of the new anti-counterfeiting details: “Two key security features of the new bill include a 3-D security ribbon with images of bells and 100s and a color-shifting bell inside a copper inkwell on the front of the note. If you tilt the bill back and forth, you’ll see the bells change to 100s as they move, shifting in color from copper to green in an effect that makes the bell seem to appear and disappear in the inkwell. The new note also features raised printing – if you move your finger along Franklin’s shoulder on the left side of the note, it feels rough, a “result of the enhanced intaglio printing process used to create the image,” NewMoney.gov’s site says.  …Read On…

The opinions expressed within this report are those of John Norris as of the initial publication of this blog. They are subject to change without notice, and do not necessarily reflect the views of Oakworth Capital Bank, its directors, shareholders, and employees. 

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