Banknote Industry Events

New Scottish Series Wins Best New Banknote at IACA

A new series of Scottish banknotes celebrating Scotland’s heritage, people and culture took home for award for Best New Banknote at the International Association of Currency Affairs (IACA) Excellence in Currency Awards last month.

The banknotes are not only complete with a rich pictorial history, they are also specially designed for the visually impaired using vibrant colours, different izes, bold fonts and raised bars to help in the identification of the note.

The new series – which was released by Scotland’s Clydesdale Bank – also contains a number of important security features such as a distinguishable watermark, a security thread visible when the note is titled, a see-through emblem on the bottom of the note, microprinting, UV markers, and a latent image.

The series also earned the award for Best Currency Public Education for the bank’s year-long media initiative leading up to the launch of the series earlier this year.

The Bank of Mexico’s Pixelating Watermark won the award for Best New Security Feature while De La Rue’s Depth Image and Magic Verifeye received both runner up awards.

The IACA awards – which some have deemed the “Oscars of the Currency Industry” – have been taking place since 2007 with the goal of promoting and recognizing excellence in currency production, processing, management and distribution.

Aside from the awards mentioned above, the IACA also distributes awards for Best New Coin or Coin Series, Best New Currency Innovation, Best Currency Website and Outstanding Achievement/Lifetime Achievement Award.

The next IACA awards will take place in October 2011 in Singapore.

SOURCES:

Counting On Currency: “2010 IACA Currency Awards”

Currency Affairs: “Excellence In Currency Awards”

The Committee of Scottish Clearing Bankers: “Current Banknotes: Clydesdale Bank”

Discussion

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  1. [...] This post was mentioned on Twitter by Paper Security, Fortress . Fortress said: New Scottish Series Wins Best New Banknote at IACA http://bit.ly/boX7Dp [...]

    Posted by Tweets that mention Fortress Paper Ltd., the world leader in banknote & security papers, supplies banknotes paper to central banks and official document paper to governments and companies around the world. -- Topsy.com | July 22, 2010, 9:07 pm
  2. do u have a twitter

    Posted by income tax calculator | July 28, 2010, 2:05 pm
  3. [...] Recently, a new Scottish banknote series that prominently featured specially designed tactile enhancements for the blind and visually impaired won the award for Best New Banknote at the International Association of Currency Affairs (IACA) Excellence In Currency Awards. [...]

    Posted by Fortress Paper Ltd., the world leader in banknote & security papers, supplies banknotes paper to central banks and official document paper to governments and companies around the world. | August 4, 2010, 12:20 pm

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