MONEY MAKEOVER; NEW BILL LATEST IN ANTI-COUNTERFEIT TACTICS.Byline: Dave Skidmore Associated Press Associated Press: see news agency. Associated Press (AP) Cooperative news agency, the oldest and largest in the U.S. and long the largest in the world. A new $20 bill is coming with high-tech features designed to trip up computer-savvy counterfeiters. But the change people will notice first is the larger and slightly off-center portrait of Andrew Jackson. The new portrait is a close-up and shows the nation's seventh president with darker hair than the earlier version. The view on the back depicts the White House from the north rather than from the south. Most of the changes are more than cosmetic. They're aimed at bogus bill makers armed with increasingly sophisticated color copiers, computer scanners, color ink jet printers and publishing-grade software. ``As we . . . raise the hurdle even higher for criminals, we ensure that our currency remains respected and trusted around the globe,'' said Treasury Secretary Robert Rubin, who unveiled the new design Wednesday with Federal Reserve Chairman Alan Greenspan Alan Greenspan Dr. Greenspan is Chairman of the Board of Governors of the Federal Reserve System. Dr. Greenspan also serves as Chairman of the Federal Open Market Committee (FOMC), the Fed's principal monetary policymaking body. . The bills shouldn't seem that different from the notes already in Americans' wallets. The same cotton-linen paper is used and the same colors. The government began redesigning U.S. folding money with the introduction of a $100 note with Benjamin Franklin in March 1996 and the $50 bill with Ulysses S. Grant last October. For many Americans, the $20s may offer their first glimpse of the new currency design. It's far more common than the $50 or $100 and is the bill of choice for ATM machines. MONEY MAKEOVER The words ``United States of America'' in microprinting Microprinting is one of many anti-counterfeiting techniques used most often on currency and bank checks, as well as various other items of value. Microprinting involves printing very small text, usually too small to read with the naked eye, onto the note or item. visible with a magnifying glass along the lower left rim of Jackson's portrait and microprinted ``USA'' within the numeral numeral, symbol denoting anumber. The symbol is a member of a family of marks, such as letters, figures, or words, which alone or in a group represent the members of a numeration system. 20 in the lower left. An embedded polymer security thread to the far left of the portrait. ``USA TWENTY'' and a flag are printed on the thread. When exposed to ultraviolet light Ultraviolet light A portion of the light spectrum not visible to the eye. Two bands of the UV spectrum, UVA and UVB, are used to treat psoriasis and other skin diseases. , the thread glows green. Very fine lines around Jackson's portrait and the picture of the White House. When duplicated on a copier, the lines come out in a wavy moire Pronounced "mor-ray" and spelled "moiré." In computer graphics, a visible distortion. It results from a variety of conditions; for example, when scanning halftones at a resolution not consistent with the eventual printed resolution or when superimposing curved patterns on one pattern. A watermark watermark: see paper. See digital watermark. to the right of the portrait and in its shape, only smaller, visible when the bill is held up to light. A numeral on the lower right corner of the front printed in color-shifting ink that looks green when viewed straight on and black when viewed from an angle. CAPTION(S): 2 Photos PHOTO (1--Color) no caption (New twenty dollar bill) (2--Color) Donald Doros, executive vice president of the Federal Reserve Bank of Philadelphia The Federal Reserve Bank of Philadelphia, headquartered in Philadelphia, Pennsylvania, is responsible for the Third District of the Federal Reserve, which covers eastern Pennsylvania, southern New Jersey, and Delaware. , holds a new $20 bill. Associated Press |
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