John Murphy and Terry Hanlon of Stevenson & Co. flank Tim Dolan, president and CEO of CPDC, as they review plans for the new MountainOne Financial Center in Pittsfield.
DALTON, Mass. — Crane & Co. officials were on hand this morning as the new $100 bill was unveiled in the U.S. Treasury Department's Cash Room in Washington. The Dalton printer has been making the specialized paper for the nation's folding currency for more than 100 years.
The bill includes a variety of high-tech additions to help defeat counterfeiting; the U.S. $100 bill is the most widely counterfeited note.
"As the supplier of the paper used to produce the redesigned $100 bill, Crane & Co. worked diligently to provide the Bureau of Engraving & Printing with paper that contains an updated suite of security elements," said Douglas Crane, vice president, in a statement. "These features were designed to address the government's twin objectives of elevating the security of the world's most recognized banknote, while at the same time enhancing its ease of use — both of which serve to support and extend the public’s confidence in the banknote."
The security includes a micro-optic "Motion" feature that creates simulated images on the security thread that appear to move as the bill is tilted and also switches from one image to another — from $100 to the Liberty Bell — in an stylized inkwell. That should create a major challenge to potential counterfeiters, said Crane.
The bill also has the traditional anti-counterfeit devices like scattered blue and red fibers, a facial watermark of Ben Franklin, embedded security thread that glows under ultraviolet and darker number watermarks.
Crane officials will be demonstrating the bill's new attributes at the Dalton mill on Friday to a select group of officials and press that includes iBerkshires.