AIMCAL.org Currency and the Never- Ending Battle

Transcription

1 Currency and the Never- Ending Battle Roger W. Phillips JDSU Flex Products Group AIMCAL Technical Fall Conference October 8, 2007

2 Talk Contents How AIMCAL Fits with the Production of Currency Elements of Currency Early Currency and Counterfeits Modern Currency and Counterfeits Security Devices for Future Currency 2

3 100 Rupees India Banknote (2007) Showing OV Thread Watermark in T Watermark in R Green in Reflection at Normal Thread in Transmission (T) Blue in Reflection at angle 3

4 AIMCAL Type Machines for Making Currency Thread Vacuum Roll Coater Laminator OVD Thread (Canada) Ribbon Slitter In-Line Patterning 4

5 Elements of Currency Anonymous Exchange for all Trade and Services User can Easily Remember and Identify Must be Difficult to Counterfeit Easy to Manufacture but with High Technical Content 5

6 Colonial Currency To Counterfeit is DEATH! Eighteenth-century currency combines Franklin s leaf method with (in some cases) a stern warning to fakers. 6

7 Demand Note, $10, 1861 Demand notes were considered to be the first greenbacks. 7

8 Fractional Currency, 5 cents, Without authorization, Spencer M. Clark, an employee of the Treasury Department under President Lincoln, placed his portrait on this Fractional Currency note. This insubordinate act led Congress to pass legislation banning the portrait of living persons on all bank notes. 8

9 1820 Banknote of the State of Georgia $5.00 Artwork by John W. Jones First Image Courtesy of Courtesy of The Franklin G. Burroughs Simeon B. Chapin Art Museum 3100 South Ocean Boulevard Myrtle Beach, South Carolina 9

10 Changing White Laborers into Black Slaves State of Michigan $1.00 Artwork by John W. Jones Slave Overseer with Whip Courtesy of State of South Carolina $5.00 Courtesy of The Franklin G. Burroughs Simeon B. Chapin Art Museum 3100 South Ocean Boulevard Myrtle Beach, South Carolina 10

11 Genuine $ Confederate States Banknote On e-bay 11

12 Counterfeit Confederate Banknote 12

13 Facsimile from 1960 s Front Back 13

14 Legal Tender Note, Hawaii, $20, In Hawaii, the Treasury Department replaced all U.S. currency with special issue notes as a precautionary measure in the event of a Japanese victory. 14

15 Japanese Currency Issued in Philippines

16 Guerrilla Currency in the Philippines (1942) 16

17 World War 2 Counterfeiting An example of a counterfeit 5 note made by inmates of the Sachsenhausen concentration camp. Mr. Burger was a reluctant player in one of the biggest attempts at financial sabotage in history. The Nazis forced Mr. Burger and about 140 other Jewish prisoners - all marked for execution - to forge so much British currency that by 1945, 12% of all pound-sterling bills in existence, measured by face value, were fake. 17

18 Prop Money (Used by Major Movie Studios) 18

19 New $20 U.S. Banknote Color Shifting Ink Magnetic Ink Microprinting 19

20 New $20 Dollar U.S. Banknote Eurion Constellation Orion Constellation 20 In IR

21 Fluorescence Threads on New U.S. Currency 21 Blue on $5 Yellow on $10 Green on $20 Yellow on $50 Orange on $100

22 Self-Authenticating on New Zealand Polymer Currency The Front of the 10 Dollar Note Back of the 10 Dollar note Appearance of Y2K 22

23 Counterfeit U.S. $100 Banknote Watermark, thread, blue and red fibers, and color shift ink all simulated. 23

24 U.S. Treasury Seal Counterfeit Genuine Differences: - DEPARTAENT vs. DEPARTMENT - Solid green vs. green with white areas out of register - Paper vs. cotton/linen 24

25 Currency Authenticator Counterfeit Genuine Iodine / Starch reaction Starch + I2 (I-3 yellow) 25

26 Current Penalties for Counterfeiting Half of all Secret Service Agents are employed to find and destroy counterfeit operations It is a felony to: Manufacture Counterfeit US Currency Alter Genuine Currency to Increase its Value Punishment : Fine up to $5, or 15 years prison sentence or both! 26

27 Hybrid Holographic/OVI Security Device OVI Increasing angle of view 27

28 Hybrid OVD Foil Security Device Hologram plus Fabry Perot Filter (Angle 2) Hologram plus Fabry Perot Filter (Angle 1) 28

29 Kinematic Imagery at Various Angles of View 29

30 Images with Depth Perception Different Angles of View 30

31 Virtual Image Floating Above Surface Showing Parallax (3M) (Different perspective depending on angle) By permission from 3M 31

32 Physics Behind Virtual Floating Images 32

33 The 2006 Swedish 1000 crown note showing a diffractive strip on the left and a windowed thread on its right, containing the Motion feature. Courtesy of VanRenesse Consulting 33

34 Motion Demonstration Animated detail of the windowed thread with the Motion feature. Rotation about a vertical axis and a horizontal axis succeed each other. Source: Courtesy of VanRenesse Consulting 34

35 Simplistic Cross Section of Motion Technology Courtesy of VanRenesse Consulting 35

36 CONCLUSIONS BE ONE OR MORE STEPS AHEAD OF THE EVIL-DOERS i.e. THE COUNTERFEITERS As Banknotes Evolve More AIMCAL Technology Required! 36

37 END Thank you for your kind attention! 37