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31/12/2009

100$ Note Will Be Back & Times Square Ball, New York


This photo was taken in Times Square, in New York.
Times Square is the site of the annual New Year's Eve ball drop, where a time ball made of crystal and electric lights is raised to the top of a pole on the One Times Square building and then lowered to mark the coming of the New Year. The Times Square Ball descends 23 m over the course of a minute, coming to rest at the bottom of its pole at 12:00 am. Toshiba's Times Square billboard directly below the Ball counts down to midnight as well.
Every year up to one million people gather in Times Square to watch the Ball drop, and an estimated 1 billion watch video of the event, 100 million of them in the United States.
The flag pole on the top of One Times Square that the ball is hoisted atop was rebuilt and enlarged to accommodate the ball. When raised it is now placed 145 m above Times Square. As of January 6, 2009, the ball also now remains mid-way atop the pole in Times Square as a permanent fixture.

For the ones of you wondering what the "I'll be back" means, I guess this is linked to a redesigned $100 bill which is in the works, receiving design changes analogous to the current $20 bill, $50 bill, $10 bill and $5 bill. The new $100 bills had been expected to be released in late 2008, but as December 2009, no new designs have been announced. New design $100 bill is on printing production process since 2008/2009 fiscal year. To fulfill huge demand for this note and redistribution process and huge costs to banks in each state, time of official presentation is end of 2009 or first quarter of 2010. Although the redesign has been publicized as routine, North Korean counterfeiting operations are a major concern. The new bills will most likely contain a Crane & Co. security feature called Motion, containing up to 650,000 microlenses embedded in the printing which will allow for the image to shift when the bill is moved. This was used for the first time ever on the Swedish 1,000-kronor note issued on March 15, 2006.

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