PREV ARTICLE       NEXT ARTICLE       FULL ISSUE       PREV FULL ISSUE      

V4 2001 INDEX       E-SYLUM ARCHIVE




The E-Sylum:  Volume 4, Number 52, December 23, 2001, Article 5

PAPER EUROS MAY CONTAIN CHIPS

  Could the high-denomination Euro notes be the first
  to contain semiconductor chips?   From a PC World
  article published December 20th, 2001:

  "As the clock ticks down to the official introduction of the
  single European currency, word is out that the new
  banknotes could eventually contain a high-tech security
  feature meant to foil counterfeiting.

  The European Central Bank is seeking proposals from
  semiconductor makers for radio frequency identification
  chips that would be embedded in euro notes to prevent
  counterfeiting, according to a report published online in
  Electronic Engineering Times, citing unnamed inside sources.

  A spokesperson for the ECB, which is overseeing the
  replacement of 12 national currencies with the new money,
  says he cannot immediately confirm the reports. But the
  ECB has frequently referred to "state-of-the-art" antiforgery
  measures in the new notes, including raised print, watermarks,
  and hologram strips.

  Bankers are concerned that the cross-border use of the
  money, and its likely adoption outside the European Union
  as a reserve currency, could tempt forgers and money
  launderers. In particular, 200 and 500 euro notes are
  expected to be a tempting alternative to $100 bills for
  forgers."

  http://www.pcworld.com/news/article/0,aid,76823,00.asp

  Wayne Homren, Editor

Google
 
coinbooks.org Web
The Numismatic Bibliomania Society is a non-profit organization 
promoting numismatic literature. See our web site at coinbooks.org.

To submit items for publication in The E-Sylum, write to the Editor 
at this address: whomren@coinlibrary.com

To subscribe go to: https://my.binhost.com/lists/listinfo/esylum
Copyright © 2005 The Numismatic Bibliomania Society.

PREV ARTICLE       NEXT ARTICLE       FULL ISSUE       PREV FULL ISSUE      

V4 2001 INDEX       E-SYLUM ARCHIVE


Copyright © 1998 - 2005 The Numismatic Bibliomania Society (NBS)
All Rights Reserved.

NBS Home Page
Contact the NBS webmaster