New currency goes into circulation Tuesday

  • A splash of color and style is being added to the $100 bill featuring the face of Benjamin Franklin. 

    There are some notable changes in the bill: For the first time, there is going to be "raised printing," which will give a "distinctive texture" to genuine U.S. currency. The image of Benjamin Franklin is the same but there won't be an oval surrounding it any longer. 

    Several features on the new bill allow the public to authenticate it easily but will make it harder for counterfeiters to replicate. 

    All paper currency in the U.S. except for $1 and $2 bill have been redesigned in the past decade in order to beat counterfeiting. 

    The $100 bill has the second largest circulation after the $1 bill. 

    Tagged as: 100 dollar bill, u.s. currency redesign, counterfeiting, money news, business news