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<p>[QUOTE="Numbers, post: 2626154, member: 11668"]I don't know a precise date, but doing a quick Google search for "missing magnetic ink" errors, <a href="https://currency.ha.com/itm/error-notes/fr-2076-g-20-1988a-federal-reserve-note-pcgs-gem-new-66ppq/a/3505-14290.s?ic4=ListView-ShortDescription-071515" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://currency.ha.com/itm/error-notes/fr-2076-g-20-1988a-federal-reserve-note-pcgs-gem-new-66ppq/a/3505-14290.s?ic4=ListView-ShortDescription-071515" rel="nofollow">the oldest example I could turn up was Series 1988A</a>. So my guess would be that the use of the magnetic ink started around then.</p><p><br /></p><p>For those who hadn't heard of this: the black intaglio printing on the face of each note is actually done with two different black inks, one of which is magnetic. The two black inks are applied in a different pattern on each denomination. This provides a way for any machine that processes currency to verify the denomination of a note (and to reject counterfeits produced by people who didn't bother to duplicate the magnetic ink patterns).</p><p><br /></p><p>In a similar way, the green intaglio printing on the back of each note is done with two different green inks, one of which is invisible under infrared light. Again, the special infrared ink is used in a different location on each denomination, providing another way to verify a note. I'm pretty sure the IR ink is a newer feature than the magnetic ink; if I remember correctly, even some of the big-head notes don't have it. But again I don't know an exact date for its introduction.[/QUOTE]</p><p><br /></p>
[QUOTE="Numbers, post: 2626154, member: 11668"]I don't know a precise date, but doing a quick Google search for "missing magnetic ink" errors, [URL='https://currency.ha.com/itm/error-notes/fr-2076-g-20-1988a-federal-reserve-note-pcgs-gem-new-66ppq/a/3505-14290.s?ic4=ListView-ShortDescription-071515']the oldest example I could turn up was Series 1988A[/URL]. So my guess would be that the use of the magnetic ink started around then. For those who hadn't heard of this: the black intaglio printing on the face of each note is actually done with two different black inks, one of which is magnetic. The two black inks are applied in a different pattern on each denomination. This provides a way for any machine that processes currency to verify the denomination of a note (and to reject counterfeits produced by people who didn't bother to duplicate the magnetic ink patterns). In a similar way, the green intaglio printing on the back of each note is done with two different green inks, one of which is invisible under infrared light. Again, the special infrared ink is used in a different location on each denomination, providing another way to verify a note. I'm pretty sure the IR ink is a newer feature than the magnetic ink; if I remember correctly, even some of the big-head notes don't have it. But again I don't know an exact date for its introduction.[/QUOTE]
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