Treasury Department To Unveil New C-Note In April
March 5, 2010 at 9:52 AM by AHN · Leave a Comment
Washington, DC, United States (AHN) – The $100 bill will be getting a facelift in the coming weeks. The Treasury Department is slated to unveil the new design on April 21.
The U.S. government redesigns currency in order to stay ahead of counterfeiters and protect the public. Decisions about the redesign of each denomination are guided by the government’s close evaluation of the range of ongoing counterfeit threats, whether from digital technology or traditional printing presses.
The unveiling of the C-note, as it is often referred to, 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 statement released by the Treasury.
The $100 bill is the highest value of all the traded U.S. bills and is heavily circulated around the world.
