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The E-Sylum:  Volume 9, Number 20, May 14, 2006, Article 21

NEW JAPANESE BANKNOTE MISPRINT LEADS TO VENDING MACHINE REJECTION

According to a Reuters account, "Japan's high-tech money-printing
bureau was left humbled on Tuesday when 39,500 bills were found to
be misprinted, an error that caused vending machines across the
country to reject them.

The 1,000-yen (5 pound) bills, redesigned along with other
denominations in 2004 with sophisticated security features to
fight counterfeiting, had been printed with a fault unrecognisable
to the eye but detectable by some machines, the Bank of Japan said."

"Japan beefed up its anti-counterfeiting drive in 2004 with new
designs featuring holograms, watermarks and latent images in its
first major overhaul in 20 years."

To read the complete article, see Full Story

  Wayne Homren, Editor

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