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100 Dollars

Issuer Federal Reserve
Year 2006
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Size 158 x 67 mm
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Obverse description Intaglio-printed vignette of Benjamin Franklin in an oval guilloche frame at centre, with the Federal Reserve seal to his left. Large pink Chinese characters (练功券 / 票样 / 练功专用 禁止流通, meaning 'Training Money / Sample / For Practice Only — Circulation Forbidden') overprinted in two lines on the left field, serving as the training-note cancellation device.
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Reverse description Intaglio vignette of Independence Hall, Philadelphia, set within a large oval guilloche underprint at centre. Pink Chinese overprint characters (练功券 / 票样 / 练功专用 禁止流通) appear in the right field, identifying the note as a Chinese bank-teller training piece forbidden from circulation.
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Comments

The Cabral-Paulson signature combination places this note in a narrow window: Paulson was confirmed as Treasury Secretary in June 2006 and left in January 2009, while Cabral served as Treasurer from 2004 to 2009. Notes bearing both signatures were produced across several Federal Reserve districts, each identifiable by the letter-number prefix on the serial number — a detail that drives significant collector subspecialty interest in this series.

This is the pre-redesign $100, before the 2013 introduction of the blue 3-D security ribbon and bell-in-inkwell feature. The 1996-series security architecture — color-shifting ink, embedded thread, microprinting — was still considered adequate at the time of printing.

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