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Counterfeit Deterrent Features for the Next-Generation Currency Design (1993) / Chapter Skim
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3 Assessment Methodology for Counterfeit-Deterrence
Pages 31-38

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From page 31...
... The key to such an assessment lies in giving operational meaning to terms like "reduce" and "reasonable." The Committee on Next-Generation Currency agrees with the prior National Materials Advisory Board study in concluding that color copiers and printers used by casual counterfeiters constitute the greatest near-term threat of counterfeiting ARC, 1985~. "Reduced" risk was therefore focused upon, but not limited to, reduction of this threat.
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From page 32...
... Therefore, the individual features were evaluated for the purpose of identifying advantages, limitations, and issues so that they could later be appropriately combined into a set of mutually reinforcing features. TIME FRAME FOR POTENTIAL INCORPORATION The committee was interested in features that realistically meet the above criteria and could be implemented successfully within 2 to 5 years.
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From page 33...
... citizen (who typically does not closely examine a banknote) could readily recognize the feature in normal ambient illumination unaided, or aided with a simple, inexpensive device.
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From page 34...
... However, if the committee felt that a feature might have a future role, the evaluation proceeded to the consideration of factors in Table 3-2, which includes availability and manufacturability, recurring cost, durability, and capital cost. If any of the data needed for these categories were not available, that aspect of a feature was rated unknown; this meant that additional time and effort would be required to "fill in" the missing blanks.
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From page 35...
... 35 The committee organized the currently used and candidate deterrent features into the following groups: substrate-based, design-based, ink-based, post-printing, and other. The ratings of individual features within categories were then compared, and all obvious differences were examined to ensure that features were rated uniformly.
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From page 36...
... 1992. Presentation by Sara Church, Bureau of Engraving and Printing, and Dan Littman, Federal Reserve System, to the Committee on Next-Generation Currency Design.
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From page 37...
... Evaluating Decision Support and Expert Systems Technology. New York: John Wiley & Sons.
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Key Terms

  • individual features
  • recurring cost
  • deterrent feature
  • single feature
  • evaluation process

  • printing banknotes
  • materials advisory
  • federal reserve
  • national materials
  • decision support

  • technical success
  • additional development
  • mutually reinforcing
  • currency design
  • success probability

  • counterfeiting threat
  • currently incorporated
  • readily visible
  • thwart counterfeiting
  • prior national

  • inevitable questions
  • ambient illumination
  • committee organized
  • illumination unaided
  • technological feasibility

  • structured approach
  • threat assessment
  • design changes
  • detailed analysis
  • sara church


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