Posted: Mar 5, 2010 8:38 AM
Updated: Mar 5, 2010 8:38 AM
WASHINGTON (AP) - Aiming to stay a step ahead of counterfeiters, the government is planning a new design for the $100 bill that will be unveiled next month.
The Treasury Department said Friday the wraps will come off the facelift for Ben Franklin at an April 21 ceremony in the ornate Cash Room at the department, the site of Ulysses Grant's first inaugural ball in 1869. Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke will do the honors.
The government says its decisions on redesigning currency are guided by assessments of counterfeiting threats, from digital technology or old-fashioned printing presses.
The C-note - the highest value of all U.S. bills - circulates widely around the globe.
(Copyright 2010 by The Associated Press. All Rights Reserved.)
PLEASE HELP US MODERATE COMMENTS
Offensive or inappropriate comments are subject to removal. To report a comment, please e-mail us at firstname.lastname@example.org, and include the name of the story and information on the comment.
Thank you! KSBY.com
Get deals up to 80% off here!
Find the lowest gas prices in your area
Submit your photos to KSBY
Check out our calendar of events
Save with Hot Deals across our counties!
Events across the Central Coast
Follow The CW5 on Facebook.
The KSBY online public file.
What do you think? Leave us your feedback.
KSBY is your official CA Lottery station for San Luis Obispo and Santa Barbara Counties