Banknote Reporter

Past Times WITH COINS

Though U.S. paper money is still green, a lot has changed in production methods and anti-counterfeiting enhancements since the 1960s. An article titled, “The detailed story of the production of modern paper money” in the January 1965 issue of Coins magazine gives a look back at the way things were nearly 60 years ago.

“The production of modern currency is the work of individual artists and steel engravers, and the most modern machines designed,” wrote Coins. “These elements are combined for the production of currency as well as other products of the Bureau of Engraving and Printing, Washington, D.C.

“The result is an unusually high type of work, making counterfeiting difficult of execution and easy of detection; and at strikingly low cost, for the average cost of producing a currency note

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