Counterfeiting has never been easier. All it takes these days is a fairly inexpensive color printer, some graphic design software and a willingness to spend a few decades in jail if you get caught.
But desperate times call for desperate measures, so criminals struggling in a tough economy and savvy with advanced printing equipment have figured [...]
The average cost of replacing worn banknotes is causing some countries to think twice about re-producing them.
In October, the Bank of Russia announced that it would stop issuing 10-ruble banknotes in 2010 because they wear out quickly and are too expensive to produce.
Much like when the Canadian Toonie was introduced in 1996, a [...]
Think of all the wear and tear your bills go through. In and out of pockets, wallets, vending machines, exchanging hands countless times before the final blow is dealt via a rip in the paper or a trip through the washing machine. Including a blend of polymer in the banknote paper allows banknotes to last [...]