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On the trail of the counterfeiters of modern currency by Devon Valenta

Governments all over the world are protecting their currency from counterfeits by revising it frequently. Counterfeiting has become a serious problem in the past few decades.

The worldwide increase in the incidence of the production of counterfeit currency is taking place owing to the availability and advent of new technology in the form of powerful consumer image editing software, high-resolution scanners and other necessary computer equipment at very low prices. Such technology has made it very easy for the counterfeiters to prepare duplications of the designs and images imprinted on the modern currency. Taking up the challenge of tackling the growing threat of counterfeit currency very seriously, the Governments around the globe are taking firm steps to both control as well as prevent such duplication. Here, we talk about some such measures that are being undertaken worldwide.

One such step taken by the US Government during the 1980s, was to issue bills of 20, 50 and 100-dollar denominations along with a security strip that was located on them from their top to bottom. These bills had their denominations clearly written on this security strip that was made of fluorescent plastic. It was quite easy to read the printed matter on this strip by holding the bills under a fluorescent light bulb. Despite this fact, however, the clearly written denominations turned out to be a hindrance for the counterfeiters in their efforts to 'upgrade' bills of lower denominations to those of higher denominations, something that they did by 'washing' the ink from the paper. On this paper, they reprinted the graphics of the bill with the help of the dye sub or laser printers.

Another method used by the United States government was the water marking system. The latest bills issued by the treasury have images embedded in the currency's paper. The watermark image can be viewed under a light source.

It is noteworthy to mention that some counterfeit currency has been circulated in which $5 bills have been re-printed with $100 bill images. Although this counterfeit currency looks and feels like the genuine article, when the watermark (which CANNOT be bleached out like the surface images) is held to scrutiny, it will be noted that Lincoln's face appears in the watermark (as he should on a $5 bill).

The third example of one of the latest preventive measures used internationally to control the production of counterfeit currency, is the use of special inks in printing the actual currency. Such inks help to show up different colours in the genuine currency notes when they are viewed from different angles. For instance, the same currency note that appears to be light green in colour when looked at from the left angle, seems to acquire a blackish hue instead of the earlier greenish one, when we look at it from the right angle. What makes this latest printing method extremely difficult to replicate for the counterfeiters, is the use of a special compound that they soon realize, is very hard to manufacture.

These, then, are some of the latest security measures in practice in the United States to control the rising incidence of counterfeit US currency. However, this battle is far from over, as the counterfeiters keep on finding new and better ways to ensure the continuation of their illegal trade with the help of the latest technology. Keeping this in mind, we shall continue our research in this direction in order to keep you posted about the fresher challenges faced by the US Government in this battle and how they measure up to the efforts of the counterfeiters in ensuring the victory of the genuine US dollar.

Copyright 2006, Devon Valenta, All Rights Reserved. This article may be published on web sites or in newsletters provided this notice and the resource box is included without ammendment.

Devon Valenta is the webmaster and operator of Fone Currency, a web site which focuses on currency matters. For more information, go to: http://www.fonecurrency.com
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Article Source: http://www.earticlesonline.com/Article/On-the-trail-of-the-counterfeiters-of-modern-currency/79405

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