The conventional wisdom about currency counterfeiting is that coins are harder to counterfeit than banknotes.  This was thought to be because banknotes have always been counterfeited more than coins. As more countries are starting to switch from banknotes to coins, this appears not to be so.

It appears that banknotes have been counterfeited in greater numbers over the past 100 years because they were more valuable. Coins were not counterfeited because it was not worth someone's time or resources to do so.

With more countries switching back to coins as their main currency, this is starting to change. We are now seeing greater numbers of coins being counterfeited. Some countries, like the UK, have an almost epidemic coin counterfeiting problem.

Now that counterfeiting coins is becoming a trend, anti-counterfeiting technology for coins has to improve. Taggant technology might be an option for covert machine-readable anti-counterfeiting for coins but much research has to be done. No one has ever tried using taggants to authenticate coins, but we think it might work.

It looks like the first ever Coin Conference is coming just in time. Taggants for Coin Anti-counterfeiting is one of many topics on the agenda. InkSure's president & CEO, Tal Gilat, will be speaking about the possibilities of using taggants for coin anti-counterfeiting.

Want to learn more about counterfeiting solutions for currency? Make an appointment with an InkSure representative.