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Trademark counterfeiting robs the U. S. of $ 200 billion annually. It is a highly profitable tax-free cash business and its lining the pockets of the same criminals involved in murder, drug trafficking, gun running and extortion. The following information regarding the average life of a Federal Reserve Note was provided by the Federal Reserve System please note that the life of a note depends on its denomination 18 month Years $ 10. 3 Years $ 20... 4 Years $ 50 9 Years $ 100 9 Years The Bureau of Engraving and Printing produces 38 million notes a day with a face value of approximately $ 541 million Portrait: The enlarged portrait of Benjamin Franklin is easier to recognize, while the added detail is harder to duplicate.
The portrait is now off-center, providing room for a watermark and reducing wear and tear on the portrait Concentric Fine Lines: The fine lines printed behind both Benjamin Franklins portrait and Independence Hall are difficult to replicate Watermark: A watermark depicting Benjamin Franklin is visible from both sides when held up to a light Color-Shifting Ink: The number in the lower right corner on the front of the note looks green when viewed straight on, but appears black when viewed at an angleMicroprinting: Because theyre so small, micro printed words are hard to replicate. On the front of the note, USA 100 is within the number in the lower left corner and United States of America is on Benjamin Franklins coat Security Thread: A polymer thread is embedded vertically in the paper and indicates, by its unique position, the notes denomination. The words USA 100 on the thread can be seen from both sides of the note when held up to a bright light. Additionally, the thread glows red when held under an ultraviolet light Federal Reserve Indicators: A new universal seal represents the entire Federal Reserve System. A letter and number beneath the left serial number identifies the issuing Federal Reserve Bank Serial Numbers: An additional letter is added to the serial number. The unique combination of eleven numbers and letters appears twice on the front of the note Check Letters, Plate, and Quadrant Numbers: These markings are used as cross-references for checking authenticity.
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Research essay sample on Federal Reserve System Benjamin Franklin
