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| New Philippine Peso Optically Variable Device patch |
The New Philippine Peso Bills are released on circulation by the Bangko Sentral in December 2010 and received numerous criticisms such as the inaccuracy of Philippine map and the wrong colored beak of blue-naped Parrot (it should be red) but BSP said there were no errors in design.
The map should not be 100% accurate because it's an artist rendition and the wrong colored beak is the consequence of printing capability limitations.
Despite criticisms we should be proud of the new peso series due to it's sophisticated design and security features against counterfeiting. The Philippine's NGC series became one of finalist and best in security features on IACA (International Association on Currency Affairs) awards held in Singapore last October 5, 2011 using the ODV patch.
Ugandan Shilling bagged the top award. The contest awards the best currencies in design, innovation and security features issued in the last 18 months.
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| Photos of New Generation Philippine Banknotes |
What is OVD Patch Feature?
The OVD (Optically Variable Device) patch security feature was first time implemented on 500 and 1000 peso bills by the Bangko Sentral. This is a reflective foil (oval shape) with BSP image on parrot (500 peso bill) and Pearl inside the clam (1000 peso bill). The color of the parrot and the clam changes from RED to GREEN when rotated 90 degrees angle.
The optical security patch was made by Hologram Industries - leading global provider of visual and digital high security solutions against counterfeiting. OVD is an immediate and reliable security authentication of the product or document using our hand and eyes.
ODV Role:
3 Easy and quick natural movements to observe a document
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| Optically Variable Device(ODV) Role to observe a Document |
2. Left to Right
3. 90 degrees rotation
Security Features of New Generation Currency Series
1. Made of 80% Cotton and 20% Abaca Fiber
2. Embossed Distinct Tactile Feel
3. Increasing Serial number Font
4. Fluorescent Marks that glow under UV (Ultraviolet Light) and Black light
5. Bioguard that resist bacteria and other micro-organisms
6. Watermark
Fluorescent Marks:
One of the new security features of the New Generation Currency series are the security threads and glowing featured animal icon. The parrot and the clam glows under Ultraviolet light and Black light. The 500 and 1000 peso bills have more security threads compared with 20, 50, 100 and 200 bills.
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| Fluorescence Marks of P500 and P1000 bills |
BioGuard Feature
Bioguard was developed by Arwoggins Security and one of their many products. Our new peso bills is treated with antibacterial, antiviral and anti-fungal properties. It means that our paper bills are more cleaner and prevent micro-organisms to multiply preventing the risk of passing pathogenic microbes from one person to another and it last for a lifetime.
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| Arwoggins Security Bioguard |
Sources:
New Philippine Peso Bills
Philippine Coins and Banknotes
New Generation Currency Video Presentation
Hologram Industries
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