All Sections

Home | Business

First banknote issued with new security design made in Nashua

Sunday News Correspondent

November 18. 2017 11:30PM
Motion Surface is a new security feature made at Crane Currency's Nashua location, which offers three dimensionality and fluid movement. The first banknote with the feature – a 3-D blue band applied to the note – has been issued in Kyrgyzstan. (COURTESY)

NASHUA — Crane Currency’s first banknote with Motion Surface, a new micro-optics security feature was issued on Friday by a country in central Asia.

Motion Surface, made at Crane Currency’s Nashua plant, incorporates three dimensionality and fluid movement.

The company’s first banknote with the new anti-counterfeiting feature was printed as a commemorative banknote issued by the National Bank of Kyrgyzstan. It is also the country’s first currency printed in vertical orientation rather than horizontal.

“We are thrilled. This new product is very well received from the marketplace,” Stephen DeFalco, CEO of Crane Currency, said on Friday.

The Kyrgyz Republic’s 2,000 som commemorative banknote celebrates the 25-year anniversary of the independence of the Kyrgyz Republic and the establishment of its national currency.

The Motion Surface micro-optic security feature cannot be replicated, according to DeFalco. “This family of products has the strongest anti-counterfeiting method in the country today,” he said.

DeFalco said the new banknote depicts an image with moving, three-dimensional elements. The new feature allows central banks to have pride in their banknotes, create custom-designed images and keep the product highly secured, he said.

Motion Surface is applied onto the banknote during the printing process.

DeFalco could not comment on how many commemorative banknotes were printed for the National Bank of Kyrgyzstan, but said the 2,000 som denomination equates to about $28 in American money.

Motion Surface is the newest of three anti-counterfeiting products produced by Crane. The company has been working on it for about four years, DeFalco said.

Crane Currency supplies banknotes for central banks all over the world and has continually supplied the United States Treasury with its currency paper since 1879. Crane acquired Technical Graphics Inc. in Milford in 2008, and moved the business to Nashua where it has experienced rapid growth.

Business Politics Nashua

More Headlines