New $100 bill redesign unveiled, will begin circulating this fall
The new $100 bill will be released in October. (Photo Courtesy: Federal Reserve)
The current, 1996 version of the $100 bill.
The 1990 version of the $100 bill.
The 1928 version of the $100 bill.
The 1914 version of the $100 bill.
The 1890 version of the $100 bill.
The 1880 version of the $100 bill.
The 1862 version of the $100 bill.
YouTube video released by the Federal Reserve detailing the new $100 note.
Washington, D.C. (KTNV) -- The Federal Reserve announced on Wednesday it will begin circulating a redesigned $100 bill this fall.
Consumers will begin seeing the new bill on Oct. 8, that's more than two years after its inital target.
According to ABC News, the redesigned bill incorporates added security features, such as a blue, 3D security ribbon and a disappearing Liberty Bell in an inkwell.
The hope is that the new features will decrease counterfeiters.
The revamped bill had been expected to go into circulation in Feb. 2011, but in Dec. 2010, officials announced a delay.
They said they needed more time to fix production issues that left unwanted creases in many of the notes.
In the ABC News report, Dawn Haley, a spokeswoman for the Bureau of Engraving and Printing said, "We made numerous process changes to address the creasing issue and we are back in full production."
Haley said those changes included modifying the paper feeder on the printing presses to accommodate variations in the paper associated with the 3D security ribbon.
Benjamin Franklin's portrait will remain on the $100 bill, which is the most frequent target of counterfeiters.
More information about the redesigned $100 bill can be found by clicking here.