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On The Trail Of The Counterfeiters Of Modern Currency
By Devon Valenta
Governments around the world have been revamping their to protect against the threat of counterfeiting that has become a serious problem in the past few decades
With the advent of powerful consumer image editing software, cheap high resolution scanners, and low priced computer equipment it becomes easier and easier every year for counterfeiters to duplicate the designs and images found on modern currency. The threat of counterfeit is no laughing matter to the governments of the world, who have taken measures to ensure that their money is as difficult to replicate as possible. In this article we will discuss a few of the methods they have used to undermine the efforts of counterfeiters worldwide.
In the late 80s the United States government issued 20, 50 and 100 dollar denominations that included a “security strip” inside the bill. This security strip is made of fluorescent plastic and is embedded in the bill itself. The strip runs from the top to the bottom of these bills and can be easily read when held under a fluorescent light bulb. The denomination of the bill is clearly written on the strip, which can help prevent counterfeiters from “upgrading” lower denominations of bill to higher denominations by “washing” the ink from the paper and reprinting the graphics of the bill using dye sub or laser printers.
Watermarking is another method that can prevent the counterfeiting of currency. This method is being used in the United States wherein the latest bills issued by the treasury contain images designed into the paper itself. These watermarked images on bills of different denominations match the images of different US Presidents. For example, the $100-bill bears the likeness of the former US President Benjamin Franklin with respect to the standard image as well as the watermark. These images
Forex Flash: EUR/USD estimated downside to 1.1500 end of 2012 ? UBS
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<a href="http://community.nasdaq.com/News/2012-02/forex-flash-eurusd-estimated-downside-to-11500-end-of-2012-ubs.aspx?storyid=118984" style="font-size:1.2em">Forex Flash: EUR/USD estimated downside to 1.1500 end of 2012 ? UBS</a>
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<div style="width:80%;">FXstreet.com (Barcelona) - January witnessed the bloc currency surge from sub 1.2650 levels to the 1.3230 region. Better-than-expected key economic indicators in the euro zone, successful bond and T-bill auctions in Germany and peripheral debt markets ...</div>
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<a href="http://www.actionforex.com/action-insight/market-overview/daily-report:-aussie-soars-after-rba-pause,-euro-soft-on-greece-20120207159008/" style="font-size:1.2em">Daily Report: Aussie Soars after RBA Pause, Euro Soft on Greece</a>
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EUR/USD - A Descending Triangle Pattern Emerges
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<a href="http://www.actionforex.com/index.php?option=com_content&view=article&id=158995:eurusd-a-descending-triangle-pattern-emerges&catid=191:daily-forex-technicals" style="font-size:1.2em">EUR/USD - A Descending Triangle Pattern Emerges</a>
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can be seen quite easily when we hold the bills against a source of light.
It is noteworthy to mention that some counterfeit has been circulated in which $5 bills have been re-printed with $100 bill images. Although this counterfeit 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).
Finally, one of the latest counterfeit prevention technologies that have been put into use is special inks that appear to be different colors at different angles. When viewed from the left, for example the color may appear to the eye to be a light green, but as the viewer shifts over to the right, the color changes to black. These color changing inks are very difficult to reproduce as they use a special compound that is very difficult for counterfeiters to manufacture.
These are just a few security features that have been used to secure the Modern United States currency. So be prepared for more new methods and technology to maintain the integrity of the almighty 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 matters. For more information, go to: www.fonecurrency.com
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