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Unlike most printing and writing paper, banknote paper is infused with polyvinyl alcohol or gelatin, instead of water, to give it extra strength. Early Chinese banknotes were printed on paper made of mulberry bark. Mitsumata (Edgeworthia chrysantha) and other fibers are used in Japanese banknote paper [10] (a kind of Washi).
The Bureau of Engraving and Printing (BEP) is a government agency within the United States Department of the Treasury that designs and produces a variety of security products for the United States government, most notable of which is Federal Reserve Notes (paper money) for the Federal Reserve, the nation's central bank.
A watermark is made by impressing a water coated metal stamp or dandy roll onto the paper during manufacturing. Watermarks were first introduced in Bologna, Italy in 1282; as well as their use in security printing, they have also been used by paper makers to identify their product.
In 1916, the USA granted the patent Machine for Assorting and Counting Paper Money. [4] The machine offered several slots for feeding banknotes by a cashier and used mechanical counters. It was used as Federal Bill Counter by the Federal Reserve System over several decades. [5]
He sold currency-type paper to engraver Paul Revere, who printed paper money for the American Colonies. In 1801, Crane was founded by Zenas Crane, Henry Wiswall and John Willard. It was the very first paper mill in the United States west of the Connecticut River. [2] The company's original mill had a daily output of 20 posts (1 post = 125 sheets).
Applied to the production of paper currency, copper-plate engraving allowed for greater detail and production during printing. It was the transition to steel engraving that enabled banknote design and printing to rapidly advance in the United States during the 19th century.
Orell Füssli Security Printing Ltd. (OFS) 1519 (1911) None (Privately held company) [1] Thailand: Note Printing Works 1969 Bank of Thailand [1] Taiwan: Central Engraving and Printing Plant (CEPP) 1941 Central Bank of China [1] Turkey: Banknot Matbaasi: 1955 Merkez Bankası [1] UAE: Oumolat Security Printing 2017 Central Bank of UAE [1] Ukraine
The earliest printed paper money with movable metal type to print the identifying code of the money was made in 1161 during the Song dynasty. [2] In 1193, a book in the Song dynasty documented how to use the copper movable type. [3] The oldest extant book printed with movable metal type, Jikji, was printed in Korea in 1377 during the Goryeo ...