Over 190 professionals gathered at the first Coin Conference on May 31-June 1 2011 where coin anti-counterfeiting was a major topic. Our own Tal Gilat gave a presentation about the possibilities of using taggants as an anti-counterfeiting option for coins. Tal's presentation was received with great interest from the Coin Conference audience, the majority of who were representatives of central banks, currency issuing authorities and mints.

We have recently received a lot of skepticism about the issue of coin anti-counterfeiting. Many think coin counterfeiting is not really an issue and therefore exploring anti-counterfeiting solutions for coins is a waste of time. But 190 professionals representing a wide range of coin experts disagree. Just because a problem is not widely publicized does not mean it is not an issue.

In our opinion, coin anti-counterfeiting has not been talked about very much because solutions have just not been explored for one reason or another. As Tal said in his presentation (to be published soon), metals and coins pose unique challenges because many of the anti-counterfeiting technologies used to secure most high-value documents and items are not 100% compatible with coins.  As a thought leader in the anti-counterfeiting space and taggant technology specifically, we feel it is important to bring up issues that have not been addressed previously and we are glad we did.

We look forward to working with those we met at the Coin Conference. And who knows – maybe we will have a coin anti-counterfeiting solution available on the market soon.

We are currently in the exploratory stages of coin anti-counterfeiting. But if you are interested in solutions for banknotes or another product, please make an appointment with an InkSure representative.