The Federal Reserve has reportedly transformed the century old 100 dollar bill into a hi-tech version in an effort to thwart sophisticated counterfeiters.
The first 100 dollar bill was issued in 1914, and after the much-needed makeover, it is made of a paper blend that is difficult to reproduce.
Assistant director for cash at the Federal Reserve Board Michael Lambert had earlier said that the hundred dollar bill is circulated broadly around the world and that is why they have developed advanced security features that are difficult for counterfeiters to replicate.
According to Fox News, in the newly designed bills, the number '100' will shift from copper to green and there will be a three-dimensional blue security ribbon with images that appear to move when the note is tilted and a copper inkwell with a holographic bell that changes color when tilted.
Lambert said that the bill still carries the image of America's Founding Father Benjamin Franklin, which is easily recognized; along with part of the Declaration of Independence added to Franklin's left shoulder as well more texture to his collar.
The report said that as the new bills begin to circulate, the old 100 dollar bills still continue to be legal and over time the banks will collect the older bills and exchange them for the new ones.
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