Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Is money in hand doomed
>
Reply to Thread
Message:
<p>[QUOTE="De Orc, post: 98367, member: 4408"]A great Aussie solution </p><p>CSIRO and Note Printing Australia (part of the Reserve Bank of Australia) developed polymer money. The world's first polymer banknote was the $10 commemorative note issued in January 1988 to mark the Australian Bicentenary. By 1996, all Australians were using plastic money, and that doesn't mean whipping out their credit cards! The new bills are much more durable and have proven a challenge for conterfeiters.</p><p><br /></p><p>How does it work?</p><p>Australia's plastic money is made of a non-porous polymer with a specially developed protective coating so the notes stay cleaner and don't absorb moisture. They last on average 4-5 times longer in circulation, with the plastic $5 note lasting for around 40 months, compared to 6 months for the paper $5. After it does wear out, polymer money is recycled into plastic products such as compost bins and plumbing fittings.</p><p><br /></p><p>The polymer substrate behaves a lot like paper and conventional printing techniques are used to apply ink to the surface. The major security measure is a see-through window which makes the plastic money difficult to reproduce using photocopiers and scanners.</p><p><br /></p><p>The future</p><p>Australia was the first country to have all polymer banknotes, but the rest of the world is starting to follow our lead. Note Printing Australia has produced banknotes for Thailand, Indonesia, Papua New Guinea, Kuwait, Western Samoa, Singapore, Brunei, Sri Lanka and New Zealand.</p><p><br /></p><p>Blank polymer substrate is also sold to a number of countries that print bank notes using their own facilities. The material is supplied by Securency Pty Ltd, a joint venture between the Reserve Bank of Australia and Union Chemie Belge, a Belgium based chemical firm. Together with CSIRO, they are pushing towards better polymer substrates and new tricks to outsmart counterfeiters. </p><p><br /></p><p>Mexico also issues a $20 plastic note <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> </p><p><br /></p><p>De Orc <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="De Orc, post: 98367, member: 4408"]A great Aussie solution CSIRO and Note Printing Australia (part of the Reserve Bank of Australia) developed polymer money. The world's first polymer banknote was the $10 commemorative note issued in January 1988 to mark the Australian Bicentenary. By 1996, all Australians were using plastic money, and that doesn't mean whipping out their credit cards! The new bills are much more durable and have proven a challenge for conterfeiters. How does it work? Australia's plastic money is made of a non-porous polymer with a specially developed protective coating so the notes stay cleaner and don't absorb moisture. They last on average 4-5 times longer in circulation, with the plastic $5 note lasting for around 40 months, compared to 6 months for the paper $5. After it does wear out, polymer money is recycled into plastic products such as compost bins and plumbing fittings. The polymer substrate behaves a lot like paper and conventional printing techniques are used to apply ink to the surface. The major security measure is a see-through window which makes the plastic money difficult to reproduce using photocopiers and scanners. The future Australia was the first country to have all polymer banknotes, but the rest of the world is starting to follow our lead. Note Printing Australia has produced banknotes for Thailand, Indonesia, Papua New Guinea, Kuwait, Western Samoa, Singapore, Brunei, Sri Lanka and New Zealand. Blank polymer substrate is also sold to a number of countries that print bank notes using their own facilities. The material is supplied by Securency Pty Ltd, a joint venture between the Reserve Bank of Australia and Union Chemie Belge, a Belgium based chemical firm. Together with CSIRO, they are pushing towards better polymer substrates and new tricks to outsmart counterfeiters. Mexico also issues a $20 plastic note :) De Orc :)[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Is money in hand doomed
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...