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

	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