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Professional paper

Security Features and Counterfeiting Trends of Euro Banknotes and Coins

Samanta Šećer
Nevenka Škavić ; Ministry of the Interior of the Republic of Croatia, Zagreb, Croatia
Gordan Mršić ; Ministry of the Interior of the Republic of Croatia, Zagreb, Croatia


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Abstract

In introduction an historical overview has been shown – from the initial idea of introducing a single currency in the Eurozone which dates back to the middle of the 20th century, over the creation of ban-knote designs, to the launch of the euros that are a part of everyday life for more then 300 million Eu-ropeans today, and even broader.
"Euros nearly impossible to forge", could be read in newspaper headlines at the beginning of 2002. However, in spite of high-level of security features in euro banknotes, with the introduction of euros, the first counterfeits appeared simultaneously. As money counterfeiting usually does not limit itself only to the issuing country, Republic of Croatia also has not been refrained from counterfeited euro banknotes in circulation. Apart from being acquainted with legislative framework related to the protec-tion of euro against counterfeiting and relevant institutions at national and European level, a very im-portant aspect of efficient fight against counterfeiting represents knowledge of security features in the euros, i.e. distinction between original and counterfeited banknotes. Therefore, the article is describing in detail security features in the euros with a focus on euro banknotes, the most common ways of co-unterfeiting, as well as statistical trends related to registered euro counterfeits seized within the Euro-pean Union and the Republic of Croatia.

Keywords

euro; banknot; coin; security features; counterfeits

Hrčak ID:

99853

URI

https://hrcak.srce.hr/99853

Publication date:

27.3.2013.

Article data in other languages: croatian

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