Finally some competition for guardian. Do you think BOC will ever consider the different substrate in the future from a Canadian company?
Very interesting. Thanks for posting this. Good to see a Cdn. Company is printing these. Do you think the technology will grow?
There is actually quite a variety of substrates and security features available now, it's an exciting time for banknote collectors.
There is already competition for Guardian, a new polymer substrate called Flexycoin, recently introduced by De La Rue.
There is also another hybrid substrate introduced recently by Louisenthal, called Hybrid (
http://louisenthal-production.s3.amazonaws.com/2010/08/25/Hybrid_E-b3d7c556.pdf). This substrate is the opposite of Durasafe, a sheet of paper protected on both sides by thin plastic layers. Two low-denomination banknotes have been issued so far, in Swaziland and Jamaica.
Another technology involves including transparent windows in paper banknotes by making holes and covering them with thin polymer bands or threads. These banknotes are also referred to as hybrid. Two large banknote paper producers and printers have their own security threads: Optiks from De La Rue and Varifeye from Giesecke and Devrient. These threads have been used primarily in high-denomination banknotes over last 5-7 years, but the technology does not seem to be widely accepted, likely due to low durability of the notes.
Visit
www.polymernotes.org to see all polymer and hybrid notes issued until now.
I think Durasafe has a future, this substrate combines durability and security of polymer notes and the texture of paper notes. In addition, complex security threads can be embedded. Of course, only actual banknote circulation will show how long these notes last.