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BEP New Process Research And Development Ongoing, No Specifics To Share

 
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 Posted 06/28/2020  8:38 pm Show Profile   Bookmark this topic Add CCFPress to your friends list Get a Link to this Message
Coin World - BEP new process research and development ongoing, no specifics to share.

One of the comments made by Treasury Secretary Steven Mnuchin in a New York Times article on June 11 was that "redesigning the currency required developing complicated anti-counterfeiting technology and a new printing process, which takes many years."

Coin World asked the Bureau of Engraving and Printing if it could provide details on any new printing processes under development. Secretary Mnuchin may have been premature in his statement, because the BEP says, "We really don't have any specifics to share at this moment."

Spokesperson Lydia Washington explained that the BEP could not discuss Mnuchin's revelation "because our security feature R&D is ongoing, which means lots and lots of testing is still happening."

Ms. Washington added that more than just new security features were under development, telling Coin World on June 18, "To stay ahead of counterfeiters, R&D is ongoing at BEP with both security features, substrate elements, and printing processes."

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1751 Posts
 Posted 06/28/2020  9:08 pm  Show Profile   Bookmark this reply Add Alpha2814 to your friends list Get a Link to this Reply
Funny how they can do all this redesign work and improve the security features but they can't change the portrait/reverse on the $20 at the same time. If they have to change a bunch of elements in the process anyway, it shouldn't make much difference who/what is on the bill from the security or process perspective.
Working on: Indian quarter eagles, Chinese pandas, and San Francisco tokens; upgrading my Peace dollar and US Type sets

"Fear is the enemy of will. Will is what makes you take action; fear is what stops you, and makes you weak."
-- Sinestro to (my avatar) Hal Jordan, "Green Lantern" (2011)
Edited by Alpha2814
06/28/2020 9:10 pm
Pillar of the Community
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 Posted 06/29/2020  01:05 am  Show Profile   Bookmark this reply Add uruman to your friends list Get a Link to this Reply
Maybe because it doesn't need to be change a n who are the people that want to change it and why ?
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 Posted 06/29/2020  09:16 am  Show Profile   Bookmark this reply Add captaincoffee to your friends list Get a Link to this Reply
A lot of people want Jackson off the $20. Without getting into politics, most would say he did some good things as president. He was an especially cruel slaver, even advertising in newspapers that he would pay extra for captured escaped slaves if you gave them extra whippings. He also is known for ethnic cleansing of native populations. Basically, a bad person who did some good things as president. Seems like we could find an important and good person to put on our $20.
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 Posted 06/29/2020  10:42 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Funny how they can do all this redesign work and improve the security features but they can't change the portrait/reverse on the $20 at the same time. If they have to change a bunch of elements in the process anyway, it shouldn't make much difference who/what is on the bill from the security or process perspective.
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 Posted 06/29/2020  12:34 pm  Show Profile   Bookmark this reply Add SteveInTampa to your friends list Get a Link to this Reply
There's another thread here on CCF discussing the change from series 2017 to series 2017A with nothing concrete established. The BEP and Treasury are being tight-lipped as far as any details explaining the series change. Was there a change in the Ink or was there a change in the Paper ? Who knows...
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