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The E-Sylum: Volume 9, Number 47, November 19, 2006, Article 23 ON ECO-FRIENDLY INK FOR BANKNOTES Regarding last week's item on a new "Green" ink, Bob Leuver, former head of the U.S. Bureau of Engraving and Printing writes: "The BEP would study the eco-friendly ink very carefully prior to using it, if it is promoted by a senator or congressperson. The last time BEP changed the intrinsic properties of ink, to my knowledge, was in 1977, or, at least 1975-1978. At that time, the lead base was taken out of ink (and paint) by a Federal law. Much of the counterfeiting of U.S. banknotes today is a result of the aforementioned legislation--not that the legislation was wrong! Lead allowed the green and black ink to leach into the cotton and linen fibers of the banknote substrate. Once leached into the substrate, they do not wash out. Current counterfeiters can bleach post-1977 banknotes in a solution of Clorox and water for, perhaps, twenty minutes, and the substrate is "clean" with only the watermark and plastic fibers intact within the substrate. After drying, a new banknote can be printed by offset. It may be tedious work, but highly profitable, when one considers that for an investment of a dollar banknote and pennies for the Clorox, water, offset inks and printing, one can have legitimate feeling $100 U.S. banknotes. I was in Chicago recently, and the Chicago Tribune had an article about such counterfeits being passed in large quantities in the darkened confines of night clubs and bars." Wayne Homren, Editor 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 | |
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