Robert Seeberger wrote: >Over the years, counterfeiters have graduated from offset printing to >increasingly sophisticated color copiers, computer scanners, color ink jet >printers and publishing-grade software - all readily available. >When new bills are issued, the old bills remain in circulation until they >wear out. The government is working with industry to make sure new bills can >be read by ATMs and vending machines. > I'm not sure why they persist with paper. We use polymer notes, which last many times longer and are pretty much impossible to counterfeit. They have holographic logos, clear panels and various other features that can be readily seen during a transaction and which can't be duplicated, and our mint now exports these notes to a number of other countries ( in their own denominations, of course) ATMs etc all seem to handle them better than paper notes too. (and we have always had brightly coloured notes since the dollar replaced the pound in 1966).
Cheers Russell C.
