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New Canadian Banknote

Community Veteran
Posts: 18,551
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Registered: 12-08-2007

New Canadian Banknote

Canada has got a new banknote.  Very innovative design.
Banknote
6 REPLIES
nadger
Rising Star
Posts: 4,498
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Registered: 13-04-2007

Re: New Canadian Banknote

Will always remember when we were wandering round Eatons, Toronto, in 1969 hearing  two American ladies say that they couldn't get on with the foreign money  Roll eyes
Community Veteran
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Registered: 24-09-2008

Re: New Canadian Banknote

Certainly more forgery proof. Polymer banknotes were developed by CSIRO and have been in use in Australia since 1988 and New Zealnd since 1999.
http://en.wikipedia.org/wiki/Polymer_banknotes
I'm always surprised that with modern technology & ATM distribution banknotes cannot be 'tracked'..................maybe they can and we just are not aware Undecided
Community Veteran
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Registered: 21-03-2011

Re: New Canadian Banknote

If they can make it you can forge it.... then the problem is does it cost more to forge than the money gained by releasing the counterfeit notes.
They should embed in the note machine readable Radio Frequency tags which are cross referenced to the printed bank note serial number on a central database - very difficult to beat.

...and for the pound coin in you pocket: http://www.royalmint.com/Corporate/facts/CounterfeitPoundCoins.aspx and
Now Zen, but a +Net residue.
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Re: New Canadian Banknote

In 2004 I put 1500 Canadian dollars worth of notes through a pre-wash cycle in Vancouver.
The notes were in my wallet which was in a pocket of a pair of jeans...in the wash.
I rescued them and laid them out on a large towel and within half an hour they were dry and in perfect condition.
I was told at the time the notes weren't made of paper but polymer.
My paper driving license didn't fair quite so well Sad
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Re: New Canadian Banknote

Quote from: AlaricAdair

If they can make it you can forge it....

And the Royal Mint, give you some nice tips on how to make sure it is a good forgery ! ! !  Cheesy
Quote

for the pound coin in you pocket: http://www.royalmint.com/Corporate/facts/CounterfeitPoundCoins.aspx

Community Veteran
Posts: 5,322
Thanks: 467
Fixes: 1
Registered: 21-03-2011

Re: New Canadian Banknote

I'd best get back to melting gold sovereigns to cast some fake pound coins... Roll eyes
Now Zen, but a +Net residue.