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BEP to Unveil Redesigned $100
By Bank Note Reporter

The new design for the $100 Federal Reserve Note will make its debut on April 21 during a ceremony at the Department of the Treasury’s Cash Room. Scheduled to be in attendance are Treasury Secretary Timothy Geithner, Chairman of the Board of Governors of the Federal Reserve System Ben Bernanke, and Treasurer of the United States Rosie Rios.

“The unveiling of the $100 note is the first step in a global multi-government agency public education program implemented by the Department of the Treasury, the Federal Reserve Board and the U.S. Secret Service, to educate those who use the $100 note about its changes before it begins circulating,” according to a Bureau of Engraving and Printing press release. “Public education is an important component of the government’s redesigned currency program because a well informed public is our first and best line of defense against counterfeiting.”

Speculation centers around what new types of security devices will be embedded in the design. It is expected that additional color will be added as has been done already for the $5, $10, $20 and $50.

Free training materials for cash handlers as well as other public education resources will be available in 25 languages at www.newmoney.gov beginning at 10:30 a.m. EDT on April 21.

Paper money collectors have been waiting at least six years for the new design to make its appearance. It was the next denomination due for changes when Ronald Reagan died in 2004. The death of the 40th president prompted speculation that his image would be placed on the the redesigned note. That speculation led nowhere.

The last note to be given a face lift was the $5 denomination in 2008.

 



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