Micro Currencies
A town in the UK has decided to print its own currency.
The town of Lewes in East Sussex has printed £10,000 of its own pound notes to be used as an alternative to sterling.
The
idea is to boost the local economy by keeping cash circulating among
local traders and suppliers rather than leaking out to the wider
economy via national chains.
While not a bad idea if enough local establishments agree to accept the currency it may lead to counterfeiters having a field day.
And copying the notes would not be easy for any would-be fraudsters.
They are made from the same type of paper use by the Royal Mint and
have watermarks and UV-sensitive fibres for extra security.
So if you happen to live in Lewes and you choose to do business with the Lewes Pound you are in luck our UV detectors will do the trick as well as our Universal Counterfeit Detector Pen.
