Business News
Armenian 500 dram Collectors Note from G+D Currency Technology wins Regional Banknote of the Year.
Thursday 01. March 2018 - At the 2018 High Security Printing (HSP) Conference in Warsaw, the Armenian 500 dram collectors note, which features Noahs Ark as its main motif, was selected as Regional Banknote of the Year for the EMEA region (Europe, the Middle East, and Africa). With this collectors note, the oldest Christian country on Earth commemorates the ship in which, according to the Old Testament, Noahs family and all the animals were saved from a biblical flood, before coming ashore on Mount Ararat.
Noahs Ark is not just a symbol of the salvation and rebirth of humanity. It is also a symbol of Armenian history, which is deeply rooted in European culture. We are proud and grateful to be able to provide support and assistance to the Armenian central bank in this project, which is so important for the country,” commented Dr. Wolfram Seidemann, Chairman of G+D Currency Technology.
The 500 dram note is Armenias first collectors note and is already enjoying plenty of interest both in Armenia and internationally. The “Galaxy”, “LaserCut” and “RollingStar LEAD” security elements which are harmoniously integrated into the overall layout and substrate enable quick and unambiguous verification through their distinctive color effects. The color shift from gold to green is dynamic and eye-catching. The high gloss depicts the value of gold. The motif of Noahs Ark is included multiple times in the note: as a watermark; with in the LaserCut window, where it can be seen when light shines through it; and on the front of the note, which depicts the shrine which is said to contain a fragment of Noahs Ark according to the tradition of the Armenian church. The wooden plank with a cross above it is created using the RollingStar LEAD optically variable effect from G+D subsidiary Louisenthal, and looks brilliant and stunning. This security feature is based on microscopically small mirrors that are linked with other optically variable effects. The Galaxy security thread combines a dynamic color shift from gold to green with a striking 3D effect that can be seen from any tilting angle – it is even identifiable in poor light and without specialist training. Its optical and dynamic effects are synchronized with those of RollingStar LEAD.
In addition, it is Armenias first denomination to be based on the Hybrid substrate from the Louisenthal paper mill. Hybrid banknotes are particularly resistant, as both sides of the cotton substrate are covered with polyester foils, protecting the notes. At the same time, they have the same familiar feeling as banknotes made from cotton paper. “The Central Bank of Armenias plan to use the Hybrid substrate to issue the entire new banknote series is confirmation of the success of the 500 dram note,” added Seidemann.
Following successes in 2015 and 2017, this is now the third time that a product from G+D Currency Technology has received the renowned Regional Banknote of the Year award. The award has been given since 2014, and honors outstanding performance with respect to design, technical sophistication, and security in a banknote or banknote series for a global region. “One of our products winning this award once again shows that we are operating at the highest level globally with respect to design and security.
Bringing together highly complex security elements with repeating motifs and optical effects represents an extremely high barrier for counterfeiters,” commented Seidemann.