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Topic: BOC turning to polymer?  (Read 9243 times)
harwil4u2
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« on: August 23, 2009, 11:17:36 am »

When I was at the RCNA counterfeit seminar the representative from the Bank of Canada said that they will be changing the journey note next year. They are coming up to the 7th year us using this series and the time limit is up, they are only running any series for seven years now for security reasons.

There was no indication on what series is next, BUT one thing they said was polymer notes are on they way. They seam to be working around the world so why not!
BWJM
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« Reply #1 on: August 23, 2009, 01:47:57 pm »

The Bank has been playing with various substrates including polymer for over 10 years. The Currency Museum has several examples of notes produced on non-paper substrates back in the mid-1990s.

Having one of these materials hit circulation is only a matter of time. There is no official confirmation yet as to what substrate the next series will be printed on.

BWJM, F.O.N.A.
Life Member of CPMS, RCNA, ONA, ANA, IBNS, WCS.
President, IBNS Ontario Chapter.
Treasurer, Waterloo Coin Society.
Show Chair, Cambridge Coin Show.
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copperpete
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« Reply #2 on: August 23, 2009, 02:18:01 pm »

All we can say for now is:

 wait and see... :-\

docstrange
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« Reply #3 on: August 23, 2009, 08:34:26 pm »

Securency International Pty Ltd was formed in 1996. It is a joint venture between the Reserve Bank of Australia and Innovia Films. Securency's core business is the production and supply of a polymer substrate used for printing currency notes. This is supported by a vigorous research and development program. The program focuses on new, innovative security features that help in the continuing fight against counterfeiting and are also easy for the public and cash handlers to recognise.

Known as Guardian®, this Australian-developed substrate and technology produces notes which have superior performance in terms of security, durability, cleanliness, processability and recyclability. Importantly for currency note printers, Guardian® can be used with existing printing equipment and inks. It is supplied in 'press-ready' format.

These benefits have been proven, especially in Australia where polymer notes have been in circulation since 1992. All notes issued in Australia as well as New Zealand and Romania are made from this superior material. Guardian® polymer substrate is also being used for banknotes in a growing number of countries including Bangladesh, Brazil, Brunei, Chile, China, Indonesia, Kuwait, Malaysia, Mexico, Nepal, Northern Ireland, Papua New Guinea, Western Samoa, Singapore, Solomon Islands, Sri Lanka, Taiwan, Thailand, Vietnam and Zambia.

Interest in the product is growing rapidly, and Securency is participating in printing trials in many countries around the world, as well as supplying Guardian® polymer substrate to several overseas banknote printers.

Securency has also further developed the polymer technology for use in government issued security documents such as land titles, birth certificates, ID cards etc. A new substrate known as Sentinel® is used for these documents and incorporates similar security features to those used in bank notes.

For further information, visit the Securency website at http://www.securency.com.au or contact:

Seth
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« Reply #4 on: September 09, 2009, 02:02:03 am »

The Bank has been playing with various substrates including polymer for over 10 years. The Currency Museum has several examples of notes produced on non-paper substrates back in the mid-1990s.

Brent, do you have any information about the 100,000 of those notes (Birds $5s) that were put into active circulation as test notes?
« Last Edit: September 09, 2009, 02:03:49 am by Seth »

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